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You are here: Home / Archives for LMC Automotive

US Light Vehicle Market Heats Up in April with Robust Result Above Pre-Pandemic Levels

May 4, 2023 By CollisionWeek Editor

Sales up over 10% in April even with one fewer selling day compared to last year. US Light Vehicle sales totaled 1.36 million units in April, according to LMC Automotive, a GlobalData Company. This translates to a year-over year (YoY) gain of 10.2%, a result made all the more impressive by the fact that April […]

Filed Under: News Tagged With: LMC Automotive, New Vehicle Sales

U.S. Light Vehicle Sales Up Sharply in March

April 5, 2023 By CollisionWeek Editor

Sales grew by 8.6% compared to last year. U.S. Light Vehicle sales totaled 1.37 million units in March, according to LMC Automotive, a GlobalData Company. This translates to a year-over-year (YoY) gain of 8.6%, with the same number of selling days as in March 2022. In absolute terms, March saw the highest sales volumes of […]

Filed Under: News Tagged With: LMC Automotive, New Vehicle Sales

March Total New-Vehicle Sales Pace Projected to Increase Over Last Year

March 24, 2023 By CollisionWeek Editor

Pent up demand buoys sales. Spending on new vehicles projected to set Q1 record. Total new-vehicle sales for March 2023, including retail and non-retail transactions, are projected to reach 1,330,700 units, a 6.2% increase from March 2022, according to a joint forecast from J.D. Power and LMC Automotive. March 2023 has the same number of […]

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

US Light Vehicle Sales Up 9.5% in February Compared to Last Year

March 6, 2023 By CollisionWeek Editor

While February sales were still below pre-pandemic levels, it was a robust result by the standards of recent months. US Light Vehicle sales totaled 1.14 million units in February, according to LMC Automotive, a GlobalData Company. This translates to a Year-over-Year (YoY) gain of 9.5%, with the same number of selling days as in February […]

Filed Under: News Tagged With: LMC Automotive, New Vehicle Sales

February Total New-Vehicle Sales Projected to Increase as Availability Improves

February 24, 2023 By CollisionWeek Editor

Consumer spending on new vehicles will set a February record. Total new-vehicle sales for February 2023, including retail and non-retail transactions, are projected to reach 1,117,100 units, a 7.2% increase from February 2022 according to a joint forecast from J.D. Power and LMC Automotive. February 2023 has the same number of selling days as February […]

Filed Under: News Tagged With: Electric Vehicles, J.D. Power, LMC Automotive, New Vehicle Sales, S&P Global Mobility

January Light Vehicle Sales Increased Compared to Weak Month Last Year

February 6, 2023 By CollisionWeek Editor

While sales were up, they remained below pre-pandemic levels. U.S. Light Vehicle sales totaled 1.04 million units in January, according to LMC Automotive, a GlobalData Company. This represents a Year-over-Year (YoY) gain of 4.5%, with the same number of selling days as in January 2022. LMC Automotive cautions, however, that the results were not particularly […]

Filed Under: News Tagged With: LMC Automotive, New Vehicle Sales

US Light Vehicle Sales Up in December

January 9, 2023 By CollisionWeek Editor

Annual sales volume of 13.7 million units in 2022 is the worst performance since 2011. US Light Vehicle sales totaled 1.28 million units in December, according to LMC Automotive, a GlobalData Company. This translates to a year-over-year (YoY) gain of 7.2%, with the same number of selling days as in December 2021. However, the results […]

Filed Under: News Tagged With: LMC Automotive, New Vehicle Sales

U.S. Light Vehicle Sales Fell Short of Expectations in September

October 7, 2022 By CollisionWeek Editor

Sales were up over 10.4 percent over weak comparison in 2021 sales. Hurricane Ian battered Florida delaying some potential sales. U.S. Light Vehicle sales totaled 1.11 million units in September, according to LMC Automotive, the automotive forecasting and market intelligence firm, a GlobalData company. This was the lowest monthly total since February, but the fact […]

Filed Under: News Tagged With: LMC Automotive, New Vehicle Sales

August Light Vehicles Sales Up Compared to Weak 2021

September 8, 2022 By CollisionWeek Editor

While the first positive result in more than a year thanks to a weak August last year, volumes remain flat for the third consecutive month. For the third consecutive month, US Light Vehicle sales totaled 1.13 million units, according to LMC Automotive, the automotive forecasting and market intelligence firm, a GlobalData company. However, a weak […]

Filed Under: News Tagged With: LMC Automotive, New Vehicle Sales

New Vehicle Sales Projected Down in August on Selling Day Basis

August 24, 2022 By CollisionWeek Editor

Vehicle inventory continues to restrain sales. New-vehicle retail sales for August 2022 are expected to decline when compared with August 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 980,400 units, a 2.6% decrease compared with August 2021 when adjusted for […]

Filed Under: News Tagged With: Electric Vehicles, J.D. Power, LMC Automotive, New Vehicle Sales

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