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You are here: Home / News / U.S. Light Vehicle Sales Projected Up 6% in November Compared to Last Year

U.S. Light Vehicle Sales Projected Up 6% in November Compared to Last Year

November 26, 2024 By CollisionWeek Editor

On an unadjusted volume level, S&P Global Mobility projects November U.S. light vehicle sales to reach 1.31 million units, growth of 6% from the year ago level. This would translate to a seasonally adjusted rate (SAAR) of 15.9 million units, on trend with the 16.0 million unit mark realized in October.

“Retail sales are showing sustained progress in November, aided by a combination of rising inventory, the beginning of year-end clearance promotional activity, and quite possibly relief from lower interest rates,” said Chris Hopson, principal analyst at S&P Global Mobility. “The overall pace of sales would be relatively unchanged from

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Filed Under: News Tagged With: Electric Vehicles, New Vehicle Sales, S&P Global Mobility

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