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You are here: Home / Archives for New Vehicle Sales

NADA Issues 2020 Auto Sales Analysis, Forecasts 15.5 Million New Vehicle Sales in 2021

January 13, 2021 By CollisionWeek Editor Leave a Comment

The National Automobile Dealers Association (NADA) issued its 2020 analysis of U.S. auto sales and the economy and its 2021 project for sales.  “The coronavirus pandemic certainly impacted new light-vehicle sales in 2020, not to mention the U.S. economy as a whole,” said NADA chief economist Patrick Manzi. “Our forecast at the start of 2020 […]

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

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

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

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

New Vehicle Sales in June Projected to Remain Below 2019 Levels

June 26, 2020 By CollisionWeek Editor

June New Vehicle Sales by Manufacturer

The car shopping experts at Edmunds say that June will be another down month for auto sales as the industry continues to combat market challenges posed by the coronavirus (COVID-19) pandemic, forecasting that 1,080,656 new cars and trucks will be sold in the U.S. in June for an estimated seasonally adjusted annual rate (SAAR) of […]

Filed Under: News Tagged With: Edmunds, New Vehicle Sales

May Auto Sales Projected to Jump Over 50% Higher than April

May 29, 2020 By CollisionWeek Editor

New Vehicle SAAR 1976-2020

Generous incentives and Memorial Day weekend sales expected to boost new vehicle sales in Edmunds Forecast. The car shopping experts at Edmunds say that generous financing offers and incentives during Memorial Day weekend helped give the auto industry a much-needed boost in May, forecasting that 1,074,542 new cars and trucks will be sold in the […]

Filed Under: News Tagged With: Edmunds, New Vehicle Sales

New Vehicle Sales Continue Downward Slide in April

April 30, 2020 By CollisionWeek Editor

April 2020 Auto Sales Forecast

Edmunds forecasts April will be the worst auto sales month in at least 30 years due to the coronavirus pandemic. As can be expected given the number of dealership sales department closures due to being deemed non-essential businesses, Edmunds say that April will be a record down month for the auto industry due to the […]

Filed Under: News Tagged With: Edmunds, New Vehicle Sales

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