US new-vehicle sales to rise 13% in December on discounts, inventory
The report estimates incentive spending per unit to reach $2,458 in the month, up from $1,289 last year, encouraging consumers to spend about $50.4 billion on new vehicles, up by $2.4 billion. "Sales growth for December is being enabled by improving vehicle availability and affordability," said Thomas King, president of the data and analytics division at J.D. Power.