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You are here: Home / News / July Vehicle Sales Projected to be Down on Selling Day Basis Compared to 2018

July Vehicle Sales Projected to be Down on Selling Day Basis Compared to 2018

July 29, 2019 By CollisionWeek Editor

Consumers will spend more as average vehicle prices hit record levels. 

New-vehicle retail sales in July 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 1,178,500 units, a 2.0 percent decrease on a selling day adjusted basis compared with July 2018.

July 2019 Vehicle Sales Projection

Total sales in July are projected to reach 1,397,400 units, a 1.8 percent decrease compared with July 2018 on a selling day adjusted basis. The seasonally adjusted annualized rate (SAAR) for total sales is expected to be 16.7 million units, flat vs.

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

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