EV share projected to decline to 5.3% following federal incentive expiration. Used vehicle prices up year over year. Total new-vehicle sales for October 2025, including retail and non-retail transactions, are projected to reach 1,249,800, a 6.9% decrease year-over-year, according to a joint forecast from J.D. Power and GlobalData. October 2025 has 27 selling days, the […]
New Vehicle Sales Up in June Compared to Last Year
Sales hit 15.3 million annual rate in June despite tariff impact. New light-vehicle sales reached a seasonally adjusted annual rate of 15.3 million units in June, up 2.3% from the same month last year, according to data released by the National Automobile Dealers Association. The year-over-year increase was inflated by a major dealership software outage […]
February New Vehicle Sales Exceed Expectations
NADA reports sales up over 6% year-over-year. According to the National Automobile Dealers Association (NADA) Market Beat report new light-vehicle sales for February 2024 exceeded expectations. According to NADA, February 2024’s seasonally adjusted annual rate (SAAR) totaled 15.8 million units, up 6.3% from February 2023 and up 6% from January 2024, which had seen a […]