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You are here: Home / Archives for National Automobile Dealers Association

December and Full Year U.S. Light Vehicles Sales Up

January 8, 2025 By CollisionWeek Editor

The year finishes with highest monthly new vehicle sales rate since May 2021. New light-vehicle sales finished the year strong in December, leading to a full-year sales total of 15.85 million units—an increase of 2.2% compared to 2023 according to the National Automobile Dealers (NADA) Market Beat report. The December 2024 seasonally adjusted annual rate […]

Filed Under: News Tagged With: Electric Vehicles, National Automobile Dealers Association, New Vehicle Sales

November New Light-Vehicle Sales Exceed Projections

December 10, 2024 By CollisionWeek Editor

Sales at highest rate since May 2021. Alternatively fueled vehicles nearly 20% of new vehicles sold this year. New light-vehicle sales in November 2024 beat expectations with a monthly SAAR of 16.5 million units, the highest since May 2021 according to the National Automobile Dealers Association (NADA). November’s SAAR also increased 6.7% from November 2023, […]

Filed Under: News Tagged With: Electric Vehicles, National Automobile Dealers Association, New Vehicle Sales

NADA Board Elects Florida Dealer Tom Castriota as 2025 Chairman, Pennsylvania Dealer Rob Cochran as Vice Chair

October 25, 2024 By CollisionWeek Editor

The National Automobile Dealers Association (NADA) elected Tom Castriota as its 2025 chairman. Castriota, owner of Castriota Chevrolet, Inc. in Hudson, Fla., will succeed Gary Gilchrist, president of Gilchrist Chevrolet Buick GMC, Inc. in Tacoma, Wash. “I am humbled and grateful to become the next NADA Chairman,” said Castriota, who currently serves as NADA vice […]

Filed Under: News Tagged With: National Automobile Dealers Association, People

September Light Vehicle Sales Rate Up in U.S.

October 4, 2024 By CollisionWeek Editor

While sales rate improved year-over-year, NADA reduced its full-year sales forecast. New light-vehicle sales in September 2024 totaled a SAAR of 15.8 million units, an increase of 0.5% year-over year, according to the National Automobile Dealers Association (NADA) Market Beat report. Following a strong start to the year in Q1 2024, where raw sales volumes […]

Filed Under: News Tagged With: National Automobile Dealers Association, New Vehicle Sales

Dealership Body Shop Sales Above $4 Billion in First Half of 2024

October 2, 2024 By CollisionWeek Editor

While dealership body shop sales increased in the first six months of the year, the percentage of dealers operating collision repair facilities continued to decline. According to the latest research from the National Automobile Dealers Association (NADA), sales at dealership body shops exceeded $4 billion in the first half of 2024, but the percentage of […]

Filed Under: Research Tagged With: Collision Repair Facility Population, National Automobile Dealers Association

New Light Vehicle Sales Rate Lower in August Despite Volume Increasing

September 6, 2024 By CollisionWeek Editor

The National Automobile Dealers Association (NADA) reported new light-vehicle sales in August totaled a SAAR of 15.1 million units, down 1.1% from August 2023’s 15.3 million. According to Patrick Manzi, NADA Chief Economist, the August 2024 sales calendar included Labor Day weekend this year, which led to a raw sales volume totaling 1.42 million units, […]

Filed Under: News Tagged With: National Automobile Dealers Association, New Vehicle Sales

New Vehicle Retail Sales Were Lower Than Expected in July

August 5, 2024 By CollisionWeek Editor

According to NADA, the hoped for increase in new vehicle sales in July following missed sales from June’s cyberattack on dealer management systems did not boost sales above last year’s rate. According to the National Automobile Dealers Association (NADA) new light vehicle sales in July were down year-over-year. According to the NADA Market Beat report, […]

Filed Under: News Tagged With: National Automobile Dealers Association, New Vehicle Sales

New Vehicles Sales Down in June on Impact of CDK Cyberattack

July 8, 2024 By CollisionWeek Editor

Sales were down both month-over-month and year-over-year. According to the National Automobile Dealers Association Market Beat report, new light-vehicle sales were down in June as the CDK Global cyberattack affected many dealers’ operations. Sales in June totaled a SAAR of 15.3 million units, down by 4.8% year over year and by 4% from May 2024. […]

Filed Under: News Tagged With: CDK Global, National Automobile Dealers Association, New Vehicle Sales

Dealership Body Shop Sales Above Pre-Pandemic Levels in 2023

April 8, 2024 By CollisionWeek Editor

While dealership body shop sales increased, the percentage of dealers operating collision repair facilities continued to decline. According to the latest research from the National Automobile Dealers Association (NADA), the percentage of dealerships operating on-site body shops was down in 2023, the sixth year in a row of declines versus the previous year. NADA’s research […]

Filed Under: Research Tagged With: National Automobile Dealers Association, Shop Population

March Light Vehicle Sales Rate Up 3.8% in U.S. Compared to 2023

April 5, 2024 By CollisionWeek Editor

Sales rate up 7% for the full quarter. According to the National Automobile Dealers Association (NADA) Market Beat report, the March 2024 new light-vehicle sales seasonally adjusted annual rate (SAAR) was 15.5 million units—an increase of 3.8% compared with March 2023. March saw the highest raw sales volume for all of the first quarter 2024, […]

Filed Under: News Tagged With: National Automobile Dealers Association, New Vehicle Sales

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