It looks like the tariff rush to dealer showrooms will give a boost to April car sales numbers.
April sales are running about 15% above last year’s level with the annual sales rate expected to top 17 million for the second month in a row. The estimates are from J.D. Power, which says the sales rate did slow as the month went on, but it remains above last year’s level.
Even with some employee pricing deals, on average, carmakers are offering fewer discounts. All total buyers are expected to spend $55.8 billion on new vehicles during this month. That’s a new April record.
