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You are here: Home / Archives for New Vehicle Sales

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

September Light Vehicle Sales Up Over 14% Compared to Last Year

October 5, 2023 By CollisionWeek Editor

According to NADA, September was the 13th straight month with year-over-year sales increases. New light-vehicle sales in September 2023 increased year-over-year for the 13th straight month according to the National Automobile Dealers Association Market Beat Report. September 2023’s seasonally adjusted annual rate (SAAR) of 15.7 million units represents an increase of 14.4% compared to September […]

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

September U.S. Auto Sales Projected Above Last Year, But Flat from August

September 28, 2023 By CollisionWeek Editor

S&P Global Mobility reports demand remains static but UAW strike casts a shadow over fourth quarter. US light vehicle sales in September should remain relatively unchanged from the month-prior result, according to S&P Global Mobility, which projects sales volume of 1.30 million units for the month. For optimists, that auto sales levels remain steady in […]

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

Alliance for Automotive Innovation Reports EV Sales 9.1% of New U.S. Light Vehicle Sales in Second Quarter

September 25, 2023 By CollisionWeek Editor

103 EV models are available for sale in the U.S. The Alliance for Automotive Innovation released its state-by-state analysis of the U.S. electric vehicle (EV) market for Q2 2023. The Get Connected Electric Vehicle Report for the second quarter summarizes EV sales and purchasing trends across all 50 states. It includes an analysis of public […]

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

New Vehicle Sales Projected Up Over 15% in August Compared to Last Year

August 25, 2023 By CollisionWeek Editor

J.D. Power and GlobalData forecast fifth consecutive month of double-digit sales growth and record spending on new vehicles. Total new-vehicle sales for August 2023, including retail and non-retail transactions, are projected to reach 1,354,600 units, a 15.4% increase from August 2022, according to a joint forecast from J.D. Power and GlobalData. August 2023 has 27 […]

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

US Light Vehicle Sales Continue Growth Streak in July

August 11, 2023 By CollisionWeek Editor

Vehicle availability and strong economy helped grow vehicle sales. US Light Vehicle sales totaled 1.30 million (mn) units in July, according to GlobalData. The annualized selling rate increased slightly from 15.7 mn units/year in June, to 15.8 mn units/year in July. Meanwhile, July’s daily selling rate was estimated at 52,200 units/day, compared to 53,000 units/day […]

Filed Under: News Tagged With: GlobalData, New Vehicle Sales

New-Vehicle Sales Projected Up 21.5% in July

July 28, 2023 By CollisionWeek Editor

Will mark fourth consecutive month of double-digit percentage growth. Total new-vehicle sales for July 2023, including retail and non-retail transactions, are projected to reach 1,320,982 units, a 21.5% increase from July 2022, according to a joint forecast from J.D. Power and GlobalData. Total sales of new vehicles this month are expected to reach 1,320,982 units, […]

Filed Under: News Tagged With: Electric Vehicles, GlobalData, J.D. Power, New Vehicle Sales, Used Vehicle Prices

U.S. Light Vehicle Sales Up Over 13% in First Half of 2023

July 7, 2023 By CollisionWeek Editor

Light Vehicle sales likely totaled 1.38 million units in the U.S. during June, according to GlobalData, with most OEMs reporting. June was another month of robust activity, as the market continued to shrug off concerns over an economic slowdown later in the year. The June selling rate was estimated at 15.8 mn units/year, up from […]

Filed Under: News Tagged With: GlobalD, New Vehicle Sales

U.S. Auto Sales Projected to Increase Over 22% in June Compared to Last year

June 26, 2023 By CollisionWeek Editor

Growth continues for third consecutive month. Total new-vehicle sales for June 2023, including retail and non-retail transactions, are projected to reach 1,381,200 units, a 22.6% increase from June 2022, according to a joint forecast from J.D. Power and GlobalData. June 2023 has 26 selling days, the same as June 2022. New-vehicle total sales in Q2 […]

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

US Light Vehicle Sales Up Over 22% in May Compared to Last Year

June 5, 2023 By CollisionWeek Editor

May daily selling rate was the highest in two years. US Light Vehicle sales totaled 1.36 million units in May, according to GlobalData. The market grew by 22.6% YoY, without adjusting for selling days. May had one additional selling day compared to May 2022, and sales were also unusually weak in May 2022, as it […]

Filed Under: News Tagged With: GlobalData, New Vehicle Sales

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