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 […]
New Light-Vehicle Sales Surge in March
Consumers seeking to beat tariff driven price increases push sales rate to highest level in nearly four years. According to the latest National Automobile Dealers Association (NADA) Market Beat report, new light-vehicle sales recorded the highest monthly Seasonally Adjusted Annual Rate (SAAR) in nearly four years this March. The SAAR reached 17.8 million units as […]
New-Vehicle Sales Expected to Rise 9.6% in March
New vehicle transaction prices up over last year. Tariffs likely to increase used vehicle prices. Total new-vehicle sales for March 2025, including retail and non-retail transactions, are projected to reach 1,525,200, a 9.6% increase from March 2024 according to a joint forecast from J.D. Power and GlobalData. March 2025 has 26 selling days, one fewer […]
February U.S. Light Vehicle Sales Up 2.1% Year Over Year
Retail sales were over 1 million vehicles last month. According to the National Automobile Dealers Association (NADA) Market Beat report, February new light-vehicle sales in February 2025 reached a seasonal adjusted annual rate (SAAR) of 16.0 million units, an increase of 2.1% compared to February 2024. According to Wards Intelligence, retail sales were estimated to […]
December and Full Year U.S. Light Vehicles Sales Up
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 […]
89.6 Million Auto Sales Forecast Worldwide in 2025
US sales volume projected to reach 16.2 million vehicles. Battery electric vehicles projected to continue growth in market share. Global new light vehicle sales in 2025 are expected to rise 1.7% year-over-year, to 89.6 million units, according to a new forecast by S&P Global Mobility. The global auto sector remains focused on managing production and […]
November New Light-Vehicle Sales Exceed Projections
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, […]
U.S. Light Vehicle Sales Projected Up 6% in November Compared to Last Year
On an unadjusted volume level, S&P Global Mobility projects November U.S. light vehicle sales to reach 1.31 million units, growth of 6% from the year ago level. This would translate to a seasonally adjusted rate (SAAR) of 15.9 million units, on trend with the 16.0 million unit mark realized in October. “Retail sales are showing […]
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