The new vehicle retail sales pace in March is expected to rise from year-ago levels, according to a forecast developed jointly by J.D. Power and LMC Automotive. The seasonally adjusted annualized rate (SAAR) for retail sales is expected to be 13.4 million units, up 200,000 from a year ago. Retail sales are projected to reach […]
November New Vehicle Retail Sales Pace to Decline
J.D. Power and LMC Automotive project sales pace to decline for seventh time this year For the seventh time this year, the new vehicle retail sales pace in November is expected to fall from year-ago levels, according to a forecast developed jointly by J.D. Power and LMC Automotive. The seasonally adjusted annualized rate (SAAR) for […]
October New Vehicle Retail Sales Pace Remains Strong Due to Hurricane Recovery
While strong, J.D. Power and LMC Automotive project that new vehicle sales will be down in October from year-ago levels. The new vehicle retail sales pace in October is expected to reach the second-highest level this year, according to a forecast developed jointly by J.D. Power and LMC Automotive. The seasonally adjusted annualized rate (SAAR) […]
September New Vehicle Retail Sales Pace to Rise to Highest Level of 2017
Replacement needs from Hurricanes Harvey and Irma will improve light vehicle demand. The new vehicle retail sales pace in September is expected to reach the highest level this year, according to a forecast developed jointly by J.D. Power and LMC Automotive. The seasonally adjusted annualized rate (SAAR) for retail sales is expected to be 15.0 […]
New Vehicle Retail Sales Pace to Decline for Fourth Consecutive Month
J.D. Power and LMC Automotive forecast retail sales annual rate to fall by 600,000 units in July. Largest decline in 2017. The new vehicle retail sales pace in July is expected to decline for the fourth consecutive month, according to a forecast developed jointly by J.D. Power and LMC Automotive. The seasonally adjusted annualized rate […]
NADA’s New-Vehicle Sales Forecast Remains Unchanged at 17.1 Million for 2017
Sales of new light-vehicles down 2.2 percent in first six months of this year. With six months of U.S. new-vehicle sales in the books, the National Automobile Dealers Association (NADA) is holding steady at its original sales forecast of 17.1 million new cars and light trucks for 2017. Through the first six months of the […]
New Vehicle Sales Pace Projected to Fall Again
J.D. Power and LMC Automotive estimates U.S. retail SAAR of 13.1 Million, the Lowest for June in five years. The new vehicle retail sales pace in June is expected to be lowest for the month since 2012, according to a forecast developed jointly by J.D. Power and LMC Automotive. Retail sales in June are anticipated […]
J.D. Power Project New Vehicle Sales Pace to Drop Again in May, Lowers 2017 Outlook
The new vehicle retail sales pace in 2017 is expected to be lowest for the month of May since 2013, according to a forecast developed jointly by J.D. Power and LMC Automotive. With one additional selling day in 2017, retail sales in May are anticipated to reach 1,222,000 units, a 2.9 percent decrease compared with […]
April New Vehicle Retail Sales Match 2016 levels
J.D. Power and LMC Automotive Report Incentives Rise Considerably New vehicle retail sales are expected to remain on pace with last year, but incentive spending is at record levels through April, according to a forecast developed jointly by J.D. Power and LMC Automotive. Retail sales in the month of April are anticipated to reach 1,169,700 […]
NADA Expects 2017 Vehicle Sales to Remain at 17.1 Million
Despite some economic headwinds on the horizon, the National Automobile Dealers Association is holding steady at its original U.S. sales forecast for new cars and light trucks this year. “Overall, we still expect sales and leases to reach 17.1 million new vehicles in 2017, with the expectation that rising consumer incentives will overcome any increases […]