According to preliminary estimates, Light Vehicle (LV) sales grew by 6.8% year-on-year (YoY) in May, to 1.44 million units. After seeing a lengthy growth streak end in April, the market returned to YoY expansion in May, although it was helped by an additional selling day compared to May 2023.
In data: US light vehicle market returns to growth
Sales forecast for the year held at 16.1 million units