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December U.S. Light Vehicles Sales Up Over 6% from Last Year

January 11, 2021 By CollisionWeek Editor Leave a Comment

December 2020 Auto Sales

The overall annual year-on-year decline of 14.8% far better than expected 8 months ago. LMC Automotive predicts 15.7 million sales in 2021. LMC Automotive, the independent automotive global forecasting and market intelligence company, reports that sales in December were helped by three extra selling days. December Light Vehicle sales grew by 6.4% Year-on-Year (YoY), to […]

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

Three Fewer Selling Days Lead to Lower Light Vehicle Sales in November

December 8, 2020 By CollisionWeek Editor

November 2020 Light Vehicle Sales

LMC Automotive lowers its December projection, but increases 2021 sales forecast. Even with December reduction, month is expected to be above 2019. Light Vehicle sales in the US were negatively impacted by calendar effects this November. Three fewer selling days made it the shortest month of 2020, with sales falling to 1.19 million units, a […]

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

Vehicle Retail Sales Projected to Decline in November

November 30, 2020 By CollisionWeek Editor

November 2020 Auto Sales Projection

On a selling day-basis, sales are projected down less than one percent from last year, but more than 12% overall. Average retail sale price up over 8%. New-vehicle retail sales for the month of November are expected to decline marginally from November 2019, according to a joint forecast from J.D. Power and LMC Automotive. Retail […]

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

Retail Vehicle Sales Projected to Rise Above 2019 Levels for Second Consecutive Month

October 29, 2020 By CollisionWeek Editor

October 2020 Auto Sales Projection

J.D. Power and LMC Automotive also project total new vehicle sales up on selling day adjusted basis. New-vehicle retail sales for the month of October are expected to be up from October 2019, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales for new vehicles are projected to reach 1,187,800 units, […]

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

U.S. Light Vehicle Sales Up 4% Year-on-Year in September

October 8, 2020 By CollisionWeek Editor

LMC September 2020 Sales

LMC Automotive sees unexpected strength in new vehicle market, raises annual sales forecast. U.S. September light vehicle sales grew by 4% on a Year-over-Year (YoY) basis, to 1.34 million units, pushing the selling rate to 16.3 mn units and marking the first month above the 16 million threshold since the start of the pandemic, according […]

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

Auto Retail Sales Projected to Post First Gain Since February

September 25, 2020 By CollisionWeek Editor

September 2020 Auto Sales Projection

Sales benefited by two additional selling days and Labor Day holiday in September. New-vehicle retail sales in September are expected to be up from a year ago, according to a joint forecast developed jointly by J.D. Power and LMC Automotive. Retail sales are projected to reach 1,157,800 units, a 3.4% increase compared with September 2019. […]

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

Inventory Constraints Impede August Vehicle Sales

August 28, 2020 By CollisionWeek Editor

August 2020 Auto Sales Projection

J.D. Power and LMC Automotive project over 13% decrease in total vehicle sales, but average vehicle prices will reach an all-time high. New-vehicle retail sales in August are expected to be down from a year ago, according to a joint forecast developed jointly by J.D. Power and LMC Automotive. Retail sales are projected to reach […]

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

Auto Sales Projected to Continue to Recover in July

July 29, 2020 By CollisionWeek Editor

July 2020 Auto Sales Projection

Both retail and total sales projected below 2019 levels but the decline is less than prior months that were impacted by pandemic closures. New-vehicle retail sales in July are expected to be down from a year ago, according to a joint forecast developed jointly by J.D. Power and LMC Automotive. Retail sales are projected to […]

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

February Retail Vehicle Sales Projected to Surpass More Than a Million Units For Only Third Time Since 2005

February 28, 2020 By CollisionWeek Editor

New-vehicle retail sales in February are expected to be up from a year ago, according to a forecast developed jointly by J.D. Power and LMC Automotive. Retail sales are projected to reach 1,016,000 units, a 0.2% increase compared with February 2019. Reporting the same numbers without controlling for the number of selling days translates to […]

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

January New Auto Sales Projected to Decline Despite Record Incentives

January 31, 2020 By CollisionWeek Editor

January 2020 Auto Sales Projection

J.D. Power and LMC Automotive project 2020 annual retail sales to decline to 13.48 million, total sales of 16.7 million units. New-vehicle retail sales in January are expected to be down from a year ago, according to a forecast developed jointly by J.D. Power and LMC Automotive. Retail sales are projected to reach 854,900 units, […]

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

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