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
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