Auto research firm J.D. Power is projecting a huge bump in new car sales for May, which could be good news for automakers, but bad news for customers with higher prices still in play.
J.D. Power, working with its partner LMC Automotive, projects total new-vehicle sales for May, including retail and non-retail transactions (such as fleet sales), to reach 1,337,700 vehicles, a 15.6% jump from a year ago. The report noted this May has 25 selling days, one more than May 2022, and…
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