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You are here: Home / News / J.D. Power Projects Auto Retail Sales Off to Slowest Q1 Start Since 2013

J.D. Power Projects Auto Retail Sales Off to Slowest Q1 Start Since 2013

March 26, 2019 By CollisionWeek Editor

On the bright side, demand for higher-priced vehicles remains strong. Annual sales forecast lowered.

J.D. Power and LMC Automotive released their retail and total vehicle sales forecast for March. New-vehicle retail sales in March are expected to fall from a year ago, declining to 1,195,000 units, a 3.4 percent decrease compared with March 2018. The seasonally adjusted annualized rate (SAAR) for retail sales is expected to be 13.0 million units, down 400,000 from a year ago.

New-vehicle retail sales in Q1 are projected to reach 2,944,200 units, a 4.9 percent decrease from Q1 2018.

Higher new vehicles sales, that increase

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

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