Falling Car Sales Set Scene For H210 Slowdown

Although US light vehicle sales were 14% higher year-on-year (y-o-y) in June, the 983,821 units sold were lower than May and show a move towards the slower second half of the year consistently forecast by BMI, despite the strong start to the year. Sales growth has been slowing since a peak in March and the annualised sales rate has slipped back to 11.1mn units. BMI expects sales to fall just short of 11mn units by the end of the

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