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You are here: Home / Archives for GlobalData

Tesla’s Robotaxi Launch Fuels Ride-Hailing Market Hopes and Concerns

June 26, 2025 By CollisionWeek Editor Leave a Comment

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, […]

Filed Under: News Tagged With: Autonomous Vehicles, GlobalData, Robotaxi, Tesla, Texas

New-Vehicle Sales Expected to Rise 9.6% in March

March 28, 2025 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Electric Vehicles, GlobalData, J.D. Power, New Vehicle Sales, Used Vehicle Prices

U.S. October New-Vehicle Sales Projected to Increase

October 24, 2024 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: GlobalData, J.D. Power, New Vehicle Sales

New-Vehicle Retail Sales Projected Up Over 2% in April Compared to Last Year

April 29, 2024 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: GlobalData, J.D. Power, New Vehicle Sales

New Vehicle Sales Projected to Rise in March Compared to Last Year

March 22, 2024 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: GlobalData, J.D. Power, New Vehicle Sales

China Motor Insurance Industry Projected to Reach $171.9 Billion by 2028

November 27, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Auto Insurance, China, GlobalData, Premiums

New-Vehicle Sales Projected to Increase Over 6.6% in October

October 27, 2023 By CollisionWeek Editor

Record consumer spending is supporting vehicle sales. Total new-vehicle sales for October 2023, including retail and non-retail transactions, are projected to reach 1,201,800 units, a 6.6% increase from October 2022, according to a joint forecast from J.D. Power and GlobalData. October 2023 has 25 selling days, one fewer than October 2022. Comparing the same sales […]

Filed Under: Uncategorized Tagged With: GlobalData, J.D. Power, New Vehicle Sales

New Vehicle Sales Projected Up Over 15% in August Compared to Last Year

August 25, 2023 By CollisionWeek Editor

J.D. Power and GlobalData forecast fifth consecutive month of double-digit sales growth and record spending on new vehicles. Total new-vehicle sales for August 2023, including retail and non-retail transactions, are projected to reach 1,354,600 units, a 15.4% increase from August 2022, according to a joint forecast from J.D. Power and GlobalData. August 2023 has 27 […]

Filed Under: News Tagged With: GlobalData, J.D. Power, New Vehicle Sales

US Light Vehicle Sales Continue Growth Streak in July

August 11, 2023 By CollisionWeek Editor

Vehicle availability and strong economy helped grow vehicle sales. US Light Vehicle sales totaled 1.30 million (mn) units in July, according to GlobalData. The annualized selling rate increased slightly from 15.7 mn units/year in June, to 15.8 mn units/year in July. Meanwhile, July’s daily selling rate was estimated at 52,200 units/day, compared to 53,000 units/day […]

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

New-Vehicle Sales Projected Up 21.5% in July

July 28, 2023 By CollisionWeek Editor

Will mark fourth consecutive month of double-digit percentage growth. Total new-vehicle sales for July 2023, including retail and non-retail transactions, are projected to reach 1,320,982 units, a 21.5% increase from July 2022, according to a joint forecast from J.D. Power and GlobalData. Total sales of new vehicles this month are expected to reach 1,320,982 units, […]

Filed Under: News Tagged With: Electric Vehicles, GlobalData, J.D. Power, New Vehicle Sales, Used Vehicle Prices

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