Cruising into 2025: Trends, Twists, and Turns in the Auto World
Well, if you haven’t already heard, the auto industry closed out 2024 like a well-tuned engine: humming along but with a few hiccups in the gearbox. As we discussed before, November numbers showed a respectable 5.8% year-over-year (YoY) increase in U.S. light vehicle sales, hitting a seasonally adjusted annual rate (SAAR) of 16.5 million units. December, however, kept us on the edge of our seats—waiting for those final figures that scream holiday frenzy. Looking forward, analysts project sales zooming toward 18 million units by 2028, fueled by pent-up demand … Read more