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COMMENTARY: Key takeaways from the Q1 2025 Automotive Market Report
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COMMENTARY: Key takeaways from the Q1 2025 Automotive Market Report
The first quarter of 2025 opened with a mix of optimism and uncertainty for the automotive industry. While March delivered a sharp 19% rebound in new vehicle sales — largely driven by consumers rushing to purchase ahead of tariff price adjustments — the earlier months of the quarter were marked by a slight decline. Used-vehicle sales, on the other hand, showed steady resilience, increasing 10% quarter-over-quarter. Beneath these headline figures…
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