S&P Global Mobility forecasts 89.6M auto sales worldwide in 2025 [Yahoo! Finance]
S&P Global Inc. (SPGI)
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Source: Yahoo! Finance
Automotive forecasts have been downgraded across the board, reflecting expected post-election US policy shifts. Resulting impacts to vehicle demand will be significant, especially interest rates, trade flows, sourcing, and BEV adoption rates. SOUTHFIELD, Mich. Dec. 20, 2024 /PRNewswire/ -- Global new light vehicle sales in 2025 are expected to rise 1.7% year-over-year, to 89.6 million units, according to a new forecast by S&P Global Mobility. S&P Global Mobility logo (PRNewsfoto/S&P Global) The global auto sector remains focused on managing production and inventory levels in response to regional demand patterns, which include slower growth in key markets, in some cases related to slower electric vehicle adoption rates. The forecast outlook incorporates several factors, including improved supply, tariff impacts, still-high interest rates, affordability challenges, elevated new vehicle prices, uneven consumer confidence, energy price and supply concerns, risks in auto lending an
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SPGI
Earnings
- 10/25/24 - Beat
SPGI
Sec Filings
- 12/17/24 - Form 4
- 12/12/24 - Form 144
- 12/5/24 - Form 3/A
- SPGI's page on the SEC website