It is expected that US car sales will fall by 15% in August

According to foreign reports, JD Power, a world-renowned consulting and research company, announced August August sales expectations for the US light vehicle market.

According to the JD Power report, "As the pace of recovery slows down and sales incentives are reduced, it is expected that sales of the US light vehicle market will fall by 15% to 1.03 million units in the light vehicle market in August from 1.26 million units in the same period last year. Sales volume will drop 22% to 857,000 units, while volume sales will decline by 17%."

In addition, JD Power also said that it is expected that sales of light vehicles in the United States in August will fall by an annual rate of 16%, down from 14.1 million in the same period last year to 11.8 million.

JD Power's global forecasting director Jeff Schuster stated in the statement: “The U.S. economic environment is the main reason for the year-on-year decline of U.S. light vehicles in August. In addition, the consumption stimulus policies in the US car market are not enough to attract consumers.”

In addition, Edmunds.com, the US consumer survey website, also announced the same forecast: In August, the US light vehicle market sales will fall to 1.03 million units on the basis of last year, equivalent to an annual rate of 11.8 million vehicles.

Ray Zhou, an analyst at Edmunds.com, also said: “Compared to the previous month, BMW is expected to be the biggest winner in the US market in August with a 22% increase. In addition, sales of Ford, Honda, Mercedes-Benz and Volkswagen will be ring It grew by 7% to 8%, while General Motors and Nissan Motor Co., Ltd. fell 6% to 7% month-on-month. Other auto sales will be flat last month."