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You are here: Home / News / January Light Vehicle Sales Forecast to Decline

January Light Vehicle Sales Forecast to Decline

January 29, 2019 By CollisionWeek Editor

J.D. Power and LMC Automotive forecast January 2019 will be below 2018 levels.

New vehicle retail sales in January are expected to fall from a year ago, according to a forecast developed jointly by J.D. Power and LMC Automotive. Retail sales are projected to reach 864,300 units, a 2.4 percent decrease compared with January 2018. The seasonally adjusted annualized rate (SAAR) for retail sales is expected to be 13.2 million units, down 451,100 from a year ago.

January 2019 Light Vehicle Sales

According to Thomas King, Senior Vice President of the Data and Analytics Division at J.D. Power, “This marks the third consecutive year where

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Filed Under: News Tagged With: J.D. Power, LMC Automotive, New Vehicle Sales

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