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April New-Vehicle Sales Projected to Break Record Despite Low Inventory

April 28, 2021 By CollisionWeek Editor

April 2021 New Vehicle Sales Projection

J.D. Power and LMC Automotive forecast over 20% increase in new light vehicle sales versus two years ago for the month. New-vehicle retail sales for April 2021 are expected to be the highest ever recorded for the month of April, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales for new […]

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

March Light Vehicle Sales Shatter Expectations in the U.S.

April 7, 2021 By CollisionWeek Editor

US Light Vehicle Sales March 2021

Annual selling rate of 18 million units is the highest ever for the month. Despite global production interruptions caused by parts shortages, US sales rebounded strongly in March. LMC Automotive reports that volumes reached 1.61 million Light Vehicles, making this the third best March in history – with higher volumes only recorded in 2000 and […]

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

February Auto Sales Projected to Exceed 2020 Levels on Selling-Day Basis

February 25, 2021 By CollisionWeek Editor

February 2021 Sales Projection

Retail sales strong in February despite adverse weather and lean inventory. New-vehicle retail sales for the month of February are expected to show growth from February 2020, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales for new vehicles are projected to reach 975,600 units, a 3.3% increase compared with February […]

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

January Light Vehicle Sales Start Strong at 16.6 Million Unit Annual Rate

February 8, 2021 By CollisionWeek Editor

LMC Light Vehicle Sales January 2021

Annual outlook upgraded. New vehicle sales started 2021 on a strong note, with 1.09 million Light Vehicles sold in the US, down by 3.1% year-on-year (YoY), according to actual results in an analysis from LMC Automotive. However, despite one fewer selling day, the daily average volume grew by 1.0%, to 45,542 units. This translates into […]

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

January Retail Auto Sales Projected Above Last Year

January 27, 2021 By CollisionWeek Editor

January 2021 Auto Sales Projection

J.D. Power and LMC Automotive forecast strong start in auto sales. New-vehicle retail sales for the month of January are expected to show growth from January 2020, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales for new vehicles are projected to reach 890,800 units, a 6.1% increase compared with January […]

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

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

January 11, 2021 By CollisionWeek Editor

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

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