Year-ago tariff rush skews year-over-year comparison Total new-vehicle sales in March 2026 are projected to reach 1,372,877 units, an 11.4% decline from March 2025 but the strongest monthly result of the year so far, according to a joint forecast from J.D. Power and GlobalData. The year-over-year drop is misleading, however. March 2025 sales were artificially […]
U.S. New-Vehicle Sales Projected To Decline 3.8% in February Compared to Last Year
Electric vehicle market share projected down 1.8 percentage points. New-vehicle sales for February 2026 are projected to reach 1,183,000 units, a 3.8% decrease from February 2025, according to a joint forecast from J.D. Power and GlobalData. Retail sales are expected to total 931,400 units, down 4.6% year over year. The seasonally adjusted annualized rate for […]
August New-Vehicle Sales Projected Up 8.2% Compared to Last Year
EV share at all-time high as consumers accelerate purchases prior to expiration of U.S. subsidies next month. Total new-vehicle sales for August 2025, including retail and non-retail transactions, are projected to reach 1,483,000, an 8.2% increase year over year, according to a joint forecast from J.D. Power and GlobalData. August 2025 has 27 selling days, […]
New-Vehicle Retail Sales Projected Up 4.1% for July
Consumer spending to set record for month with $49.8 billion spent on new vehicles. New-vehicle retail sales for July 2025 are projected to reach 1,159,500, a 4.1% increase from July 2024 according to a joint forecast from J.D. Power and GlobalData. Comparing the same sales volume without adjusting for the number of selling days translates […]
Tesla’s Robotaxi Launch Fuels Ride-Hailing Market Hopes and Concerns
GlobalData reports the debut has generated social media buzz but safety questions loom. Tesla’s much-anticipated robotaxi debut last weekend in Austin, Texas has sparked intense social media activity, blending enthusiasm with critical scrutiny according to a report yesterday by GlobalData, the data and analytics company. While early adopters praised the innovation and smooth user experience, […]
New-Vehicle Sales Expected to Rise 9.6% in March
New vehicle transaction prices up over last year. Tariffs likely to increase used vehicle prices. Total new-vehicle sales for March 2025, including retail and non-retail transactions, are projected to reach 1,525,200, a 9.6% increase from March 2024 according to a joint forecast from J.D. Power and GlobalData. March 2025 has 26 selling days, one fewer […]
U.S. October New-Vehicle Sales Projected to Increase
Consumer spending on vehicles up 11.8% year over year. Total new-vehicle sales for October 2024, including retail and non-retail transactions, are projected to reach 1,327,600, a 2.1% increase from October 2023 on a selling day adjusted basis, according to a joint forecast from J.D. Power and GlobalData. October 2024 has 27 selling days, 2 more […]
New-Vehicle Retail Sales Projected Up Over 2% in April Compared to Last Year
Total vehicle sales, however, will decline slightly on a selling day basis. New vehicle retail sales are projected to increase compared to last year, while overall sales including fleet transactions will be down. Total new-vehicle sales for April 2024, including retail and non-retail transactions, are projected to reach 1,304,600 units, a 0.9% decrease from April […]
New Vehicle Sales Projected to Rise in March Compared to Last Year
Total new-vehicle sales for March 2024, including retail and non-retail transactions, are projected to reach 1,525,700 units, a 12.1% increase from March 2023, according to a joint forecast from J.D. Power and GlobalData. March 2024 has 27 selling days, the same as March 2023. The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is […]
China Motor Insurance Industry Projected to Reach $171.9 Billion by 2028
The motor insurance industry in China is projected to grow at a compound annual growth rate (CAGR) of 4.5% from CNY871.2 billion ($129.1 billion) in 2023 to CNY1.1 trillion ($171.9 billion) in 2028, in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics company. According to GlobalData’s Insurance Database, China’s […]