[NEWS] New vehicle sales are expected to surge in December: Demand has been on the rise throughout Q4 — especially after the election — And this month — sales are forecast to hit 1.47M units — 7.7% higher than November. Putting 2024 full-year sales at 15.85M vehicles — up 2.3% from last year. What’s behind the jump? Slightly lower interest rates, much higher incentives, and renewed confidence from consumers. And these factors are also setting the industry up for a strong 2025 — In fact — analysts predict full-year sales of 16.3 million units next year — the highest level since 2019. Bottom line: 2024 set the stage — but 2025 is gearing up to be the main event. Read today’s top automotive stories, presented by Dealer Pay: https://lnkd.in/eSF7UZ-y (Data source: Cox Auto)
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