The J.D. Power-GlobalData Automotive Forecast for February 2025 paints a picture of a dynamic automotive market. While retail sales are projected to rise significantly, increasing competition, affordability concerns, and EV market uncertainties present challenges for manufacturers and retailers alike. Retail Sales Surge Amid High Consumer Spending Retail sales are forecasted to jump 8.1% year-over-year, continuing a five-month trend… Continue reading February 2025 Automotive Market Forecast: Strong Sales, Profitability Challenges, and EV Uncertainty
February 2025 Automotive Market Forecast: Strong Sales, Profitability Challenges, and EV Uncertainty
