US auto sales seen falling as car market awaits war impact

Carmakers are expected to report lower first-quarter US sales as the Middle East war clouds the industry’s outlook compared with unusually favorable dynamics a year ago. The US-Israeli offensive on Iran, launched on February 28, has boosted oil prices by more than 50 percent, sending gasoline prices to more than $4 a gallon. While that […] The post US auto sales seen falling as car market awaits war impact appeared first on Digital Journal.