S&P Global Mobility: U.S. auto sales expected to post modest gains in July
1. S&P Global projects July 2025 vehicle sales at 1.33 million units. 2. Sales are boosted by expected electric vehicle demand ahead of incentive expirations. 3. Affordability concerns may moderate overall auto demand this month. 4. BEV sales are predicted to exceed 9% market share in July. 5. Long-term BEV growth faces uncertainty from upcoming policy changes.