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You are here: Home / Archives for 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

California Says ZEVs Were Quarter of Vehicles Sold Last Year

February 23, 2024 By CollisionWeek Editor

The sales of new zero-emission vehicles have soared 1022% over the past 10 years, according to data from the California Energy Commission. One in four new cars sold in California were zero-emission in 2023. More ZEVs were sold in California in 2023 than at any point in history, including in Q3 when sales hit their […]

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

New Light Vehicle Sales Down Slightly in January Compared to Last Year

February 7, 2024 By CollisionWeek Editor

NADA reports new vehicle sales were down on both a month-over-month and year-over-year basis. Projects production to increase in 2024. New light-vehicle sales cooled at the start of 2024 according to the National Automobile Dealers Association (NADA) Market Beat report. The January 2024 seasonally adjusted annual rate (SAAR) of 15.0 million units represents a decline […]

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

January Auto Sales Projected Up Over Last Year

January 29, 2024 By CollisionWeek Editor

While up over last year, S&P Global Mobility projects auto sales are expected to decelerate from the quickening realized in December. BEVs sales share projected at 8%. With volume for the month projected at 1.09 million units, January 2024 U.S. auto sales are estimated to translate to a seasonally adjusted annual rate (SAAR) sales pace […]

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

Record 1.2 Million EVs Were Sold in the U.S. in 2023

January 10, 2024 By CollisionWeek Editor

Tesla captured 55% of the U.S. EV market last 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. […]

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

NADA Reports New Light-Vehicle Sales Up in November Compared to Last Year

December 6, 2023 By CollisionWeek Editor

Sales rate, however, was down versus previous month. New light-vehicle sales in November 2023 totaled a seasonally adjusted annual rate (SAAR) of 15.3 million units, marking the second month of sequential month-over-month SAAR declines, according to the National Automobile Dealers Association (NADA). Yet despite the cooling SAARs of the past few months, November’s figure was […]

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

November US Auto Sales Projected Up Over Last Year

November 28, 2023 By CollisionWeek Editor

Though up on last year, auto demand levels expected to continue tapering from second quarter results. On an unadjusted volume level, November US light vehicle sales are expected to advance mildly from the strike impacted levels of October but remain absent of any momentum. S&P Global Mobility projects sales volume of 1.23 million units for […]

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

New-Vehicle Sales Projected to Increase Over 6.6% in October

October 27, 2023 By CollisionWeek Editor

Record consumer spending is supporting vehicle sales. Total new-vehicle sales for October 2023, including retail and non-retail transactions, are projected to reach 1,201,800 units, a 6.6% increase from October 2022, according to a joint forecast from J.D. Power and GlobalData. October 2023 has 25 selling days, one fewer than October 2022. Comparing the same sales […]

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

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