Sales

New-car market expands 12% in October; SAAR tops 16M; Ford, Honda, Hyundai, Kia, Subaru, Mazda up; Toyota, Volvo fall

A Ford store in Wisconsin.
Ford's October U.S. sales of SUVs and crossovers rose 2.3 percent while truck volume jumped 29 percent. (David Phillips/AUTOMOTIVE NEWS)
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Last Updated
November 05, 2024 04:07 PM

The U.S. new light-vehicle market racked up a 12 percent gain in October, with strong retail growth outpacing weaker fleet deliveries, providing some momentum as the key fourth quarter unfolds after a lackluster third quarter.

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