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You are here: Home / News / US Light Vehicle Sales Up Over 22% in May Compared to Last Year

US Light Vehicle Sales Up Over 22% in May Compared to Last Year

June 5, 2023 By CollisionWeek Editor

May daily selling rate was the highest in two years.

US Light Vehicle sales totaled 1.36 million units in May, according to GlobalData. The market grew by 22.6% YoY, without adjusting for selling days. May had one additional selling day compared to May 2022, and sales were also unusually weak in May 2022, as it saw the lowest selling rate for any month in 2022.

Higher new vehicle sales help support the growth in the overall total number of insured vehicles benefiting insurers and collision repair facilities.

Last month was not as strong as sales typically were in May before

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Filed Under: News Tagged With: GlobalData, New Vehicle Sales

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