On the Dash: September total new-vehicle sales are projected at 1.33 million units, up 2.6% year over year. Hybrid share is projected to reach 17%, while EV share falls to 7.9% following the end of federal EV credits. Consumer spending on new vehicles is projected to rise 6.6% to $48.7 billion. According to a joint forecast from JD Power and GlobalData, September new-vehicle sales are on pace to increase 2.6% year over year to 1.33 million units, with a seasonally adjusted annualized rate (SAAR) of 16.1 million units. On a selling-day-adjusted basis, retail sales are projected to decline 0.2% to 1.12 million units. However, without the adjustment, retail sales would…
