The new-vehicle sales pace in July is expected to finish near 15.6 million, up modestly from last month’s 15.3 million level and down from last July’s 15.8 million pace.

• Sales volume in July is forecast to reach 1.30 million, up 2.5% from last month and 1.2% from last year.
• Consumer demand for new vehicles remains steady at a slower pace, with little upside expected in the coming months.