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You are here: Home / Archives for New Vehicle Sales

July New Vehicle Sales Projected Above Last Year

July 28, 2021 By CollisionWeek Editor

Inventory shortages likely to cause July sales pace to weaken. New-vehicle retail sales for the month of July are expected to grow from July 2020 but decline from July 2019, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 1,187,300 units, a […]

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

Lean Inventories Impact US Light Vehicle Sales in June

July 8, 2021 By CollisionWeek Editor

The annual selling rate down to its lowest point since August 2020. The chip shortage that has plagued global production for months is finally impacting sales in the US. According to LMC Automotive, the independent automotive global forecasting and market intelligence company, 1.3 million Light Vehicles were sold in June, up by 17% from last […]

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

June New Vehicle Sales Projected Above Last Year and Pre-Pandemic Levels

June 25, 2021 By CollisionWeek Editor

J.D. Power and LMC Automotive forecast good month but low inventory impacting pace. Average price of vehicles up over 10% compared to last year. New-vehicle retail sales for the month of June are expected to show growth over June 2020 and June 2019, according to a joint forecast from J.D. Power and LMC Automotive. Retail […]

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

Consumer Federation Warns Vehicle Shortage Wreaking Havoc with Car Buyer’s Pocketbooks

May 20, 2021 By CollisionWeek Editor

As Americans begin to see the light at the end of the COVID tunnel, record numbers of buyers are venturing back into auto showrooms.  “The problem,” says Jack Gillis, CFA’s Executive Director and author of The Car Book, “is that vehicle inventories are way down which means it’s a sellers’ market.  Limited supply is a […]

Filed Under: News Tagged With: Consumer Federation of America, New Vehicle Sales

US Light Vehicle Sales Shatter Projections in April

May 6, 2021 By CollisionWeek Editor

US Light Vehicle Sales April 2021

Sales at an annual selling rate above 18 million units for the second consecutive month. US Light Vehicle sales broke records once again in April, according to LMC Automotive, the independent automotive global forecasting and market intelligence company. Light Vehicle sales totaled 1.54 million units, the highest volume for the month of April ever. At […]

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

April New-Vehicle Sales Projected to Break Record Despite Low Inventory

April 28, 2021 By CollisionWeek Editor

April 2021 New Vehicle Sales Projection

J.D. Power and LMC Automotive forecast over 20% increase in new light vehicle sales versus two years ago for the month. New-vehicle retail sales for April 2021 are expected to be the highest ever recorded for the month of April, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales for new […]

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

March Light Vehicle Sales Shatter Expectations in the U.S.

April 7, 2021 By CollisionWeek Editor

US Light Vehicle Sales March 2021

Annual selling rate of 18 million units is the highest ever for the month. Despite global production interruptions caused by parts shortages, US sales rebounded strongly in March. LMC Automotive reports that volumes reached 1.61 million Light Vehicles, making this the third best March in history – with higher volumes only recorded in 2000 and […]

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

Auto Industry Sales Projected to Break Records in First Quarter Due to Strong Retail Demand

March 26, 2021 By CollisionWeek Editor

Light Vehicle Sales Projection March 2021

First quarter spending on new vehicles at record levels. New-vehicle retail sales for the month of March are expected to show growth over March 2020 and March 2019, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales for new vehicles are projected to reach 1,288,100 units, a 70.7% increase compared with […]

Filed Under: News Tagged With: New Vehicle Sales

February Auto Sales Projected to Exceed 2020 Levels on Selling-Day Basis

February 25, 2021 By CollisionWeek Editor

February 2021 Sales Projection

Retail sales strong in February despite adverse weather and lean inventory. New-vehicle retail sales for the month of February are expected to show growth from February 2020, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales for new vehicles are projected to reach 975,600 units, a 3.3% increase compared with February […]

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

January Light Vehicle Sales Start Strong at 16.6 Million Unit Annual Rate

February 8, 2021 By CollisionWeek Editor

LMC Light Vehicle Sales January 2021

Annual outlook upgraded. New vehicle sales started 2021 on a strong note, with 1.09 million Light Vehicles sold in the US, down by 3.1% year-on-year (YoY), according to actual results in an analysis from LMC Automotive. However, despite one fewer selling day, the daily average volume grew by 1.0%, to 45,542 units. This translates into […]

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

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