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You are here: Home / Archives for New Vehicle Sales

Alliance for Automotive Innovation Reports EV Sales 9.1% of New U.S. Light Vehicle Sales in Second Quarter

September 25, 2023 By CollisionWeek Editor Leave a Comment

103 EV models are available for sale in the U.S. The Alliance for Automotive Innovation released its state-by-state analysis of the U.S. electric vehicle (EV) market for Q2 2023. The Get Connected Electric Vehicle Report for the second quarter summarizes EV sales and purchasing trends across all 50 states. It includes an analysis of public […]

Filed Under: News Tagged With: Alliance for Automotive Innovation, Electric Vehicles, New Vehicle Sales

New Vehicle Sales Projected Up Over 15% in August Compared to Last Year

August 25, 2023 By CollisionWeek Editor

J.D. Power and GlobalData forecast fifth consecutive month of double-digit sales growth and record spending on new vehicles. Total new-vehicle sales for August 2023, including retail and non-retail transactions, are projected to reach 1,354,600 units, a 15.4% increase from August 2022, according to a joint forecast from J.D. Power and GlobalData. August 2023 has 27 […]

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

US Light Vehicle Sales Continue Growth Streak in July

August 11, 2023 By CollisionWeek Editor

Vehicle availability and strong economy helped grow vehicle sales. US Light Vehicle sales totaled 1.30 million (mn) units in July, according to GlobalData. The annualized selling rate increased slightly from 15.7 mn units/year in June, to 15.8 mn units/year in July. Meanwhile, July’s daily selling rate was estimated at 52,200 units/day, compared to 53,000 units/day […]

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

New-Vehicle Sales Projected Up 21.5% in July

July 28, 2023 By CollisionWeek Editor

Will mark fourth consecutive month of double-digit percentage growth. Total new-vehicle sales for July 2023, including retail and non-retail transactions, are projected to reach 1,320,982 units, a 21.5% increase from July 2022, according to a joint forecast from J.D. Power and GlobalData. Total sales of new vehicles this month are expected to reach 1,320,982 units, […]

Filed Under: News Tagged With: Electric Vehicles, GlobalData, J.D. Power, New Vehicle Sales, Used Vehicle Prices

U.S. Light Vehicle Sales Up Over 13% in First Half of 2023

July 7, 2023 By CollisionWeek Editor

Light Vehicle sales likely totaled 1.38 million units in the U.S. during June, according to GlobalData, with most OEMs reporting. June was another month of robust activity, as the market continued to shrug off concerns over an economic slowdown later in the year. The June selling rate was estimated at 15.8 mn units/year, up from […]

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

U.S. Auto Sales Projected to Increase Over 22% in June Compared to Last year

June 26, 2023 By CollisionWeek Editor

Growth continues for third consecutive month. Total new-vehicle sales for June 2023, including retail and non-retail transactions, are projected to reach 1,381,200 units, a 22.6% increase from June 2022, according to a joint forecast from J.D. Power and GlobalData. June 2023 has 26 selling days, the same as June 2022. New-vehicle total sales in Q2 […]

Filed Under: News Tagged With: Electric Vehicles, GlobalData, J.D. Power, New Vehicle Sales

US Light Vehicle Sales Up Over 22% in May Compared to Last Year

June 5, 2023 By CollisionWeek Editor

May daily selling rate was the highest in two years. US Light Vehicle sales totaled 1.36 million units in May, according to GlobalData. The market grew by 22.6% YoY, without adjusting for selling days. May had one additional selling day compared to May 2022, and sales were also unusually weak in May 2022, as it […]

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

US Light Vehicle Sales Projected Up 18% in May Compared to Last Year

May 24, 2023 By CollisionWeek Editor

S&P Global Mobility reports growing inventories and falling prices, but US auto sales growth still progressing slowly. As the market awaits a clear signal that either growing new-vehicle inventories or consumer affordability issues will emerge as the main determinant of auto sales trends in the immediate term, new U.S. light vehicle demand in May is […]

Filed Under: News Tagged With: Electric Vehicles, New Vehicle Sales, S&P Global Mobility

US Light Vehicle Market Heats Up in April with Robust Result Above Pre-Pandemic Levels

May 4, 2023 By CollisionWeek Editor

Sales up over 10% in April even with one fewer selling day compared to last year. US Light Vehicle sales totaled 1.36 million units in April, according to LMC Automotive, a GlobalData Company. This translates to a year-over year (YoY) gain of 10.2%, a result made all the more impressive by the fact that April […]

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

U.S. Light Vehicle Sales Projected Up in April Over Last Year

April 26, 2023 By CollisionWeek Editor

According to S&P Global Mobility, new light vehicle sales in April are expected to maintain the pace of the preceding months but uncertainty remains for the rest of the year. S&P Global Mobility estimates new light vehicle sales volume in April 2023 to reach 1.29 million units, up approximately 4% from April 2022 and representing […]

Filed Under: News Tagged With: New Vehicle Sales, S&P Global Mobility

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