The month is set to be off last year, J.D. Power predicts, though its full-year outlook is less gloomy, and dealer profits are up despite the odds.
Edmunds forecast reflects both EV shopping rush and interest rate cut effect.
Forecast sees adoption flattening this year due to anti-EV policies.
Industry expected to grow as economies leave recession fears behind and inflation subsides.
Post-pandemic settling to bring normalcy, falling dealer profit.
S&P Global Mobility offers a conservative 2024 outlook as it sees financial pressures continuing to limit demand.
Opposing market forces should achieve a balance; the question is whether a postpandemic norm has been established, Edmunds says.
Dealer profits still high, though fewer units marked above MSRP.
Forecast shows rising sales, inventory, and good 2023 outlook.
Market watchers eye economic, supply-chain factors.
