CollisionWeek

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

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / March Total New-Vehicle Sales Pace Projected to Increase Over Last Year

March Total New-Vehicle Sales Pace Projected to Increase Over Last Year

March 24, 2023 By CollisionWeek Editor

Pent up demand buoys sales. Spending on new vehicles projected to set Q1 record.

Total new-vehicle sales for March 2023, including retail and non-retail transactions, are projected to reach 1,330,700 units, a 6.2% increase from March 2022, according to a joint forecast from J.D. Power and LMC Automotive. March 2023 has the same number of selling days as March 2022.

New-vehicle total sales for Q1 2023 are projected to reach 3,526,700 units, a 7.3% increase from Q1 2022 when adjusted for selling days. As the chart above shows, however, sales remain below pre-pandemic levels.

New-vehicle retail sales for March 2023

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: J.D. Power, 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

  • Quality Collision Group Enters Texas Market with Acquisition June 6, 2023
  • ProColor Collision Adds New Collision Repair Center to Network in San Diego Market June 6, 2023
  • Mathieu Côté Appointed Vice-President AIA Canada’s Quebec Division Committee June 6, 2023
  • Fenix Parts Acquires Michigan-Based Fox Auto Parts June 6, 2023
  • Mark Lindner Named President of PartsTrader June 6, 2023
  • NTSB Chair Calls NHTSA Action on Automatic Emergency Braking “Major Leap Forward” June 6, 2023
  • US Light Vehicle Sales Up Over 22% in May Compared to Last Year June 5, 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