Rav4 and Ranger strong as market recovers
After a shaky first half of the year, new-vehicle sales have now logged a third straight month of growth. Registrations in October reached 10,858 units, up 17 percent on the same month last year. Passenger cars and SUVs accounted for 8059 units, while 2799 commercials joined the fleet. While volumes are still below the peaks seen in 2021 and 2022, the market appears to be finding its rhythm again. Fleet renewals and improving supply are providing momentum heading into the final quarter. Passenger market steadying Passenger and SUV registrations rose 16.9 percent compared with...
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