CollisionWeek

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

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / March Light Vehicle Sales Rate Up 3.8% in U.S. Compared to 2023

March Light Vehicle Sales Rate Up 3.8% in U.S. Compared to 2023

April 5, 2024 By CollisionWeek Editor

Sales rate up 7% for the full quarter.

According to the National Automobile Dealers Association (NADA) Market Beat report, the March 2024 new light-vehicle sales seasonally adjusted annual rate (SAAR) was 15.5 million units—an increase of 3.8% compared with March 2023. March saw the highest raw sales volume for all of the first quarter 2024, even though the March SAAR was down slightly from February.

The first-quarter SAAR was 15.4 million units, an increase of 7% compared with the first quarter 2023.

In March 2024, new-vehicle shoppers had many more vehicles to choose from compared to last year. New light-vehicle

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: National Automobile Dealers Association, New Vehicle Sales

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 Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Classic Collision Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Diagnostics Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • Wholesale Used-Vehicle Prices Up in April May 8, 2025
  • Axalta Coating Systems Increases Support of Penn College May 8, 2025
  • CCC Joins AI Governance Alliance to Advance Responsible AI Across the Property-Casualty Insurance Industry May 8, 2025
  • Refinish Distributors Alliance Holds Spring Impact Performance Conference in San Diego May 8, 2025
  • Collision Repair Industry Production Down in March Compared to Last Year May 7, 2025
  • Axalta Reports First Quarter Sales of $1.26 Billion May 7, 2025
  • Ford Raising Sticker Prices on Vehicles Produced in Mexico May 7, 2025

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 1999-2025 - QuanDec Corporation - All Rights Reserved · Log in