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You are here: Home / Archives for New Vehicle Sales

March Total New-Vehicle Sales Pace Projected to Increase Over Last Year

March 24, 2023 By CollisionWeek Editor Leave a Comment

Pent up demand buoys sales. Spending on new vehicles projected to set Q1 record. Total new-vehicle sales for March 2023, including retail and non-retail transactions, are projected to reach 1,330,700 units, a 6.2% increase from March 2022, according to a joint forecast from J.D. Power and LMC Automotive. March 2023 has the same number of […]

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

US Light Vehicle Sales Up 9.5% in February Compared to Last Year

March 6, 2023 By CollisionWeek Editor Leave a Comment

While February sales were still below pre-pandemic levels, it was a robust result by the standards of recent months. US Light Vehicle sales totaled 1.14 million units in February, according to LMC Automotive, a GlobalData Company. This translates to a Year-over-Year (YoY) gain of 9.5%, with the same number of selling days as in February […]

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

February Total New-Vehicle Sales Projected to Increase as Availability Improves

February 24, 2023 By CollisionWeek Editor

Consumer spending on new vehicles will set a February record. Total new-vehicle sales for February 2023, including retail and non-retail transactions, are projected to reach 1,117,100 units, a 7.2% increase from February 2022 according to a joint forecast from J.D. Power and LMC Automotive. February 2023 has the same number of selling days as February […]

Filed Under: News Tagged With: Electric Vehicles, J.D. Power, LMC Automotive, New Vehicle Sales, S&P Global Mobility

January Light Vehicle Sales Increased Compared to Weak Month Last Year

February 6, 2023 By CollisionWeek Editor

While sales were up, they remained below pre-pandemic levels. U.S. Light Vehicle sales totaled 1.04 million units in January, according to LMC Automotive, a GlobalData Company. This represents a Year-over-Year (YoY) gain of 4.5%, with the same number of selling days as in January 2022. LMC Automotive cautions, however, that the results were not particularly […]

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

US Light Vehicle Sales Up in December

January 9, 2023 By CollisionWeek Editor

Annual sales volume of 13.7 million units in 2022 is the worst performance since 2011. US Light Vehicle sales totaled 1.28 million units in December, according to LMC Automotive, a GlobalData Company. This translates to a year-over-year (YoY) gain of 7.2%, with the same number of selling days as in December 2021. However, the results […]

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

November Auto Sales Projected Above Last Year

November 29, 2022 By CollisionWeek Editor

Electric vehicle sales are projected to be 5.9% of sales, but are primarily in coastal cities. U.S. new vehicles sales are projected to be up overall in November compared to last year as supply issues continue to improve. With volume for the month projected at 1.122 million units, November U.S. auto sales are estimated to […]

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

Electrified Vehicle Sales Hit Record in Third Quarter

October 19, 2022 By CollisionWeek Editor

Sales of electrified vehicles hit a record in the third quarter, as one of the hottest segments in the U.S. automotive market continues to make waves throughout the industry, according to Kelley Blue Book, a Cox Automotive company. More than 200,000 electrified vehicles were sold in the three-month span of Q3 – a first – […]

Filed Under: News Tagged With: Cox Automotive, Electric Vehicles, New Vehicle Sales

U.S. Light Vehicle Sales Fell Short of Expectations in September

October 7, 2022 By CollisionWeek Editor

Sales were up over 10.4 percent over weak comparison in 2021 sales. Hurricane Ian battered Florida delaying some potential sales. U.S. Light Vehicle sales totaled 1.11 million units in September, according to LMC Automotive, the automotive forecasting and market intelligence firm, a GlobalData company. This was the lowest monthly total since February, but the fact […]

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

September New Vehicle Sales Volumes Projected to Hold Steady at Low Level

September 30, 2022 By CollisionWeek Editor

Cox Automotive lowers full-year new-vehicle sales forecast. September U.S. auto sales, when confirmed next week, are expected to show a new-vehicle market mostly unchanged from previous months and still stuck in low gear. According to the Cox Automotive forecast, September U.S. new-vehicle sales are expected to finish near 1.10 million units, with a sales pace, […]

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

Electric Vehicles Were 6.6% of New Vehicle Sales in U.S. During Second Quarter

September 14, 2022 By CollisionWeek Editor

The Alliance for Automotive Innovation released its latest analysis of the U.S. electric vehicle (EV) market for April, May and June of 2022. The Get Connected Electric Vehicle Quarterly Report for Q2 summarizes EV sales, purchasing trends and public charging infrastructure across all 50 states. John Bozzella, president and CEO of the Alliance for Automotive […]

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

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