J.D. Power Projects June New-Vehicle Sales Between 1.27M and 1.34M Units; Dealer Software Outages Disrupt Sales, Rapid Recovery Expected in July
Portfolio Pulse from Benzinga Newsdesk
J.D. Power projects June new-vehicle sales to be between 1.27M and 1.34M units. Dealer software outages disrupted sales, but a rapid recovery is expected in July.
June 26, 2024 | 1:26 pm
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NEUTRAL IMPACT
Ford may experience a temporary dip in sales due to dealer software outages, but a rapid recovery is expected in July.
The dealer software outages could temporarily impact Ford's sales figures for June, but the projected rapid recovery in July should mitigate long-term effects.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
General Motors may face a short-term sales disruption due to dealer software outages, with a quick recovery anticipated in July.
General Motors' sales could be temporarily affected by the dealer software outages, but the expected recovery in July should balance the impact.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Lucid Motors might see a minor impact on June sales due to dealer software outages, with a recovery expected in July.
Lucid Motors' sales could be slightly affected by the dealer software outages, but the anticipated recovery in July should minimize the impact.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 40
NEUTRAL IMPACT
Rivian may experience a slight disruption in June sales due to dealer software outages, with a quick recovery expected in July.
Rivian's sales might be slightly impacted by the dealer software outages, but the expected recovery in July should mitigate the effects.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 40
NEUTRAL IMPACT
Stellantis could see a temporary dip in June sales due to dealer software outages, with a rapid recovery expected in July.
Stellantis' sales might be temporarily affected by the dealer software outages, but the anticipated recovery in July should balance the impact.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Tesla may face a short-term sales disruption due to dealer software outages, with a quick recovery expected in July.
Tesla's sales could be temporarily impacted by the dealer software outages, but the expected recovery in July should mitigate long-term effects.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50