U.S. October auto sales expected to rise 7.2% year over year
XLY•U.S. new-vehicle sales are projected to rise 7.2% year over year to about 1.38 million units in October, up 3.6% from September. The seasonally adjusted annual rate is forecast at 16.1 million vehicles.
1. October sales forecast
U.S. new-vehicle sales are projected to reach approximately 1.38 million units in October, up 7.2% from a year earlier and 3.6% from September. The seasonally adjusted annual rate is forecast at 16.1 million vehicles.
2. Expected demand drivers
Subcompact SUVs and compact cars are forecast to lead annual growth, rising 17.6% and 15.6%, respectively. Strong fleet sales, financially stable buyers and improved credit access are cited as supporting demand despite elevated financing costs. The fleet market outlook is described as relatively stable heading into 2027, while competition for popular models underscores the importance of early ordering.
