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You are here: Home / Archives for New Vehicle Sales

New Vehicles Sales Down in June on Impact of CDK Cyberattack

July 8, 2024 By CollisionWeek Editor

Sales were down both month-over-month and year-over-year. According to the National Automobile Dealers Association Market Beat report, new light-vehicle sales were down in June as the CDK Global cyberattack affected many dealers’ operations. Sales in June totaled a SAAR of 15.3 million units, down by 4.8% year over year and by 4% from May 2024. […]

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

US Auto Sales Projected Up in June Year Over Year

June 28, 2024 By CollisionWeek Editor

New light vehicle sales in June are expected to maintain pace with May and translate to one of the stronger seasonally adjusted results since 2021. S&P Global Mobility projects new light vehicle sales volume in June 2024 to reach 1.40 million units, up approximately 1% year over year. This volume would translate to an estimated […]

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

May U.S. Auto Sales Projected Up 3% Over Last year

May 29, 2024 By CollisionWeek Editor

S&P Global Mobility projects new U.S. light vehicle sales volume in May 2024 to reach 1.4 million units.  This unadjusted volume total would be up approximately 3% from the year-ago total, and up 7% from the April 2024 result. The estimated May sales total would translate to a sales pace of 15.6 million units seasonally […]

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

Study Says One in Five Retail Vehicle Sales YTD Have Electrified Powertrain in U.S.

May 8, 2024 By CollisionWeek Editor

Urban Science, the global automotive consultancy and technology firm, released a proprietary electric vehicle (EV) sales microstudy rooted in the firm’s industry sales data, which is updated daily, delivering a science-driven overview of the EV sales landscape in the U.S. The microstudy includes detailed 2024 sales insights through April 30, for the battery electric vehicle […]

Filed Under: News Tagged With: Electric Vehicles, New Vehicle Sales, Urban Science

New-Vehicle Retail Sales Projected Up Over 2% in April Compared to Last Year

April 29, 2024 By CollisionWeek Editor

Total vehicle sales, however, will decline slightly on a selling day basis. New vehicle retail sales are projected to increase compared to last year, while overall sales including fleet transactions will be down. Total new-vehicle sales for April 2024, including retail and non-retail transactions, are projected to reach 1,304,600 units, a 0.9% decrease from April […]

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

EV Sales Growth Slowed in the U.S. During First Quarter

April 12, 2024 By CollisionWeek Editor

Market share growth rate of electric vehicles was up slightly in first quarter from last year, but down on fourth quarter of 2023. Electric vehicle (EV) sales growth in the U.S. continues to slow, according to sales data analyzed by Kelley Blue Book. In the first quarter of 2024, Americans bought 268,909 new electric vehicles, […]

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

March Light Vehicle Sales Rate Up 3.8% in U.S. Compared to 2023

April 5, 2024 By CollisionWeek Editor

Sales rate up 7% for the full quarter. According to the National Automobile Dealers Association (NADA) Market Beat report, the March 2024 new light-vehicle sales seasonally adjusted annual rate (SAAR) was 15.5 million units—an increase of 3.8% compared with March 2023. March saw the highest raw sales volume for all of the first quarter 2024, […]

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

New Vehicle Sales Projected to Rise in March Compared to Last Year

March 22, 2024 By CollisionWeek Editor

Total new-vehicle sales for March 2024, including retail and non-retail transactions, are projected to reach 1,525,700 units, a 12.1% increase from March 2023, according to a joint forecast from J.D. Power and GlobalData. March 2024 has 27 selling days, the same as March 2023. The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is […]

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

Record 1.2 Million Electric Vehicles Sold in U.S. Last Year

March 20, 2024 By CollisionWeek Editor

Sales projected to set new record this year. A record 1.2 million U.S. vehicle buyers chose to go electric last year, according to estimates from Kelley Blue Book, a Cox Automotive company. More specifically, 1,189,051 new electric vehicles (EVs) were put into service as the slow shift to an electrified future continued unabated. In 2023, […]

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

New-Vehicle Sales Projected to Increase in February

February 26, 2024 By CollisionWeek Editor

Cox Automotive forecasts sales up month-over-month and year-over-year. February new-vehicle sales, when announced next week, are expected to show gains over last year and improvement from January, which came in slower than expected. Cox Automotive projects February sales volume is expected to reach 1.22 million units, an increase of 6.3% over February 2023, when the […]

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

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