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You are here: Home / Archives for LMC Automotive

New-Vehicle Sales Projected Lower on Continued Low Supply in November

November 29, 2021 By CollisionWeek Editor

J.D. Power and LMC Automotive project sales declines, but demand sustains record-high levels of prices and dealer profits. Used vehicle prices up. New-vehicle retail sales for November 2021 are expected to decline when compared with November 2020, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month […]

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

Inventory Constraints Projected to Continue Reducing New-Vehicle Sales in October

October 27, 2021 By CollisionWeek Editor

Prices and profits, however, increase to record highs. Truck and SUV market share projected over 80% even with higher gas prices. New-vehicle retail sales for the month of October 2021 are expected to decline when compared with October 2020 and October 2019, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales […]

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

U.S. Auto Sales Fall in September to Lowest Level for the Year

October 6, 2021 By CollisionWeek Editor

Vehicle supply crisis brings the recovery in auto sales from the pandemic to a halt. Greatly depleted inventories dragged down U.S. vehicle sales to their lowest level for the month of September since 2010, according to LMC Automotive, the independent automotive global forecasting and market intelligence company. Automakers sold just under 1 million Light Vehicles […]

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

Inventory Constraints Cause U.S. Light Vehicle Selling Rate to Fall

September 7, 2021 By CollisionWeek Editor

August 2021 Light Vehicle Sales

Annual sales rate at under 13 million units for first time since May 2020. As the microchip shortage worsened, US sales were impacted severely in August. Volume plunged to the lowest level in 2021, to 1.08 million Light Vehicles, according to LMC Automotive, the leading independent automotive global forecasting and market intelligence company. This represents […]

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

U.S. New Vehicles Sales Projected to Decline in August Due to Inventory Constraints

August 26, 2021 By CollisionWeek Editor

Light vehicle sales projected down substantially from both 2020 and 2019. New-vehicle retail sales for the month of August are expected to decline from August 2020 and decline from August 2019, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 987,100 units, […]

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

US Auto Sales Remained on Downward Trajectory in July

August 6, 2021 By CollisionWeek Editor

US Light Vehicle Sales July 2021

The annual selling rate fell to its lowest point in 2021. Lean inventories again hit the US sales performance, and July volumes were at 1.28 million units, according to LMC Automotive, the automotive global forecasting and market intelligence company. The volume indicates only a 3.5% year-on-year (YoY) increase, resulting from an improved economy and market […]

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

July New Vehicle Sales Projected Above Last Year

July 28, 2021 By CollisionWeek Editor

Inventory shortages likely to cause July sales pace to weaken. New-vehicle retail sales for the month of July are expected to grow from July 2020 but decline from July 2019, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 1,187,300 units, a […]

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

Lean Inventories Impact US Light Vehicle Sales in June

July 8, 2021 By CollisionWeek Editor

The annual selling rate down to its lowest point since August 2020. The chip shortage that has plagued global production for months is finally impacting sales in the US. According to LMC Automotive, the independent automotive global forecasting and market intelligence company, 1.3 million Light Vehicles were sold in June, up by 17% from last […]

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

June New Vehicle Sales Projected Above Last Year and Pre-Pandemic Levels

June 25, 2021 By CollisionWeek Editor

J.D. Power and LMC Automotive forecast good month but low inventory impacting pace. Average price of vehicles up over 10% compared to last year. New-vehicle retail sales for the month of June are expected to show growth over June 2020 and June 2019, according to a joint forecast from J.D. Power and LMC Automotive. Retail […]

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

US Light Vehicle Sales Shatter Projections in April

May 6, 2021 By CollisionWeek Editor

US Light Vehicle Sales April 2021

Sales at an annual selling rate above 18 million units for the second consecutive month. US Light Vehicle sales broke records once again in April, according to LMC Automotive, the independent automotive global forecasting and market intelligence company. Light Vehicle sales totaled 1.54 million units, the highest volume for the month of April ever. At […]

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

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