U.S. auto sales to fall in April on tight inventories, rising rates – data

Investing.com | Apr 26, 2022 at 6:51 PM
  • U.S. new vehicle sales is expected to fall in April, as low inventories and rising interest rates boost prices amid high demand, consultants J.D.
  • U.S. retail sales of new vehicles could fall 23.8% to 1.1 million units in April from a year earlier.
  • The automotive sector has been hit hard by supply issues.