Breaking News

Supply constraints to slow U.S. auto sales development in June – J.D. Electrical power, LMC Automotive

New vehicles are seen lined up up coming to the dock as the global outbreak of the coronavirus disease (COVID-19) proceeds, at the Port of Los Angeles, California, U.S., April 29, 2020. REUTERS/Lucy Nicholson

June 25 (Reuters) – Advancement in U.S. new auto retail income for June is envisioned to be reduce than the prior month, regardless of powerful purchaser desire, as offer constraints and chip shortages have led to lean inventories, consultants J.D. Energy and LMC Automotive explained on Friday.

Retail sales for new vehicles in June are approximated to arrive at 1.1 million units, up 12.4% from last

Read more