J.D. Power and LMC Automotive are forecasting auto sales to have risen 2.4 percent in July compared to the same month a year ago.
However, LMC is now expecting new vehicle sales for the full-year to reach 17.4 million vehicles, down 0.1 percent from record-setting deliveries made in 2015. If the estimates are correct, it would mark the first decline in annual U.S auto sales since 2009.
Earlier in July, Barclays auto industry analyst Brian Johnson revised his outlook for the U.S. market from “plateau” to “eroding plateau,” an assessment that was echoed by Ford Motor Co. this week when it declared that the market recovery was ending.
For the month of July, the big four automakers are expected so maintain volumes close to those in 2015, with General Motors down 1.3 percent, Ford down 1 percent, Toyota down 2.7 percent and Fiat Chrysler Automobiles up 1 percent.
Manufacturers will report U.S. sales for July on Tuesday.