CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / US Light Vehicle Sales Remain Flat in July from Previous Month

US Light Vehicle Sales Remain Flat in July from Previous Month

August 9, 2022 By CollisionWeek Editor

Inventory deterioration slows down during the month.

U.S. Light Vehicle sales in July performed mostly in line with the June results, according to LMC Automotive, the automotive forecasting and market intelligence firm, now a GlobalData company. Sales are still curbed by lean inventories. July volumes totaled 1.13 million units, slightly weaker than expectations going into the month. Compared to July 2021, sales fell by 11.6% – only January’s decline of 10.2% was better so far in 2022, though last July was also hampered by the chip shortage.

The July volume translates into an annualized rate of 13.3 million units, about

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: LMC Automotive, New Vehicle Sales

Connect

  • Email
  • Facebook
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems BASF Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Collision Repair Education Foundation Coronavirus Diagnostics Donations Earnings Florida I-CAR Insurance Auto Auctions Lawsuits legislation LKQ Corporation Mitchell International National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Scholarships Service King Collision Repair Centers Texas United Kingdom Workforce Development

Recent Articles

  • NHTSA Proposes Automatic Emergency Braking Requirements for New Vehicles June 1, 2023
  • Driven Brands Collision Repair Companies Kick Off Third Annual Shine Season Summer Fundraising June 1, 2023
  • Speakers Announced for September 12-13 CIECA CONNEX Conference June 1, 2023
  • June is Automotive Service Professionals Month June 1, 2023
  • Federal Judge Will Allow Massachusetts AG to Start Enforcing Right to Repair Law Tomorrow May 31, 2023
  • Caliber Signs Enterprise Agreement to License Mitchell Cloud Estimating May 31, 2023
  • Opus IVS Partners with CARS Co-Op Network May 31, 2023

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2023 - QuanDec Corporation - All Rights Reserved · Log in