The Zero-Sum New-Vehicle Market in the US: Decades of Stagnation & Decline Interrupted by Steep Plunges

Sales of new light vehicles – pickups, SUVs, crossovers, sedans, vans, etc. – inched up 0.5% year-over-year in Q2 to 4.22 million vehicles, after having dropped by 6.3% year-over-year in Q1. For the first half, new vehicle sales are down by 2.8% from a year ago...