Second consecutive month of year-over-year decline follows surge in early 2025 buying ahead of tax credit expiration and tariff-related price increases. New light-vehicle sales reached a seasonally adjusted annual rate (SAAR) of 15.6 million units in November 2025, marking a 5.5% decline from the same month last year, according to the National Automobile Dealers Association […]
New-Vehicle Sales Projected to Drop 4.8% in November Compared to Last Year
The EV tax credit expiration effects continue to suppress sales. New-vehicle retail sales are projected to decline 4.8% in November compared to a year ago, reaching 1,058,500 units, as the industry continues to feel the effects of electric vehicle purchase acceleration before federal tax credits expired Sept. 30, according to a forecast from J.D. Power […]
U.S. Electric Vehicle Sales Hit Record Market Share in September as Tax Credits End
Overall new light vehicle sales up 3.5% year over year. NADA raises 2025 sales forecast. Battery electric vehicles captured 11.8 percent of U.S. new light-vehicle sales in September, an all-time high that came as federal tax credits expired at month’s end, according to data released by the National Automobile Dealers Association. The surge represented a […]
New Vehicle Sales Up 6.1% in August as Buyers Rush to Beat Price Increases
Consumers bring forward purchases in expectation of tariff related price increases and BEV tax credit expiration. New light-vehicle sales reached a seasonally adjusted annual rate (SAAR) of 16.1 million units in August 2025, marking a 6.1% increase from the same month last year, according to the National Automobile Dealers Association (NADA). Sales through the first […]
August New-Vehicle Sales Projected Up 8.2% Compared to Last Year
EV share at all-time high as consumers accelerate purchases prior to expiration of U.S. subsidies next month. Total new-vehicle sales for August 2025, including retail and non-retail transactions, are projected to reach 1,483,000, an 8.2% increase year over year, according to a joint forecast from J.D. Power and GlobalData. August 2025 has 27 selling days, […]
July Auto Sales Beat Expectations Despite EV Market Stagnation
Light vehicle sales were up versus both the previous month and year. U.S. auto sales exceeded forecasts in July, with the seasonally adjusted annual rate reaching 16.4 million units, up 3.7% from the same month last year, according to data released by the National Automobile Dealers Association. The July figure represents a 7.1% increase from […]
New-Vehicle Retail Sales Projected Up 4.1% for July
Consumer spending to set record for month with $49.8 billion spent on new vehicles. New-vehicle retail sales for July 2025 are projected to reach 1,159,500, a 4.1% increase from July 2024 according to a joint forecast from J.D. Power and GlobalData. Comparing the same sales volume without adjusting for the number of selling days translates […]
New Vehicle Sales Expected to Cool in June After Spring Surge
While down month over month, sales are expected to come in above June 2024. Annual sales forecast increased. New-vehicle sales are expected to slow in June following a spring surge driven by tariff concerns, according to a forecast from Cox Automotive released Wednesday. The seasonally adjusted annual rate is projected to reach 15.3 million vehicles […]
New Light-Vehicle Sales Ease Up in May
Sales pace slows after accelerating in March and April in anticipation of higher vehicle prices due to tariffs. The National Automobile Dealers Association (NADA) reports that new light-vehicle sales slowed to a 15.7-million-unit SAAR in May 2025, following back-to-back months where the SAAR clocked in above 17 million units. According to NADA’s monthly Market Beat […]
US New Light Vehicle Sales Rate Topped 17 Million Units for Second Consecutive Month in April
NADA says consumers bought vehicles in advance of tariffs taking effect. U.S. new light-vehicle sales in April 2025 topped a 17-million-unit seasonally adjusted annual rate (SAAR) for the second straight month as consumers pulled forward purchases to beat tariffs. According to the National Association of Automobile Dealers (NADA) April 2025’s SAAR of 17.3 million units […]
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