Consumers to Spend $55.8 Billion on New Vehicles, a Record for Month of April
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Consumers to Spend $55.8 Billion on New Vehicles, a Record for Month of April
Troy, Mich.—Total new-vehicle sales for April 2025, including retail and non-retail transactions, are projected to reach 1,519,900, a 10.5% increase from April 2024, according to a joint forecast from J.D. Power and GlobalData. April 2025 had 26 selling days, one more than April 2024. Comparing the same sales volume without adjusting for the number of selling days translates to an increase of 14...
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