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ATLANTA, March 26, 2025 March new-vehicle sales are expected to illustrate a market not significantly impacted by tariff threats and economic uncertainty but clearly slowing after a red-hot end of 2024. The March SAAR, or seasonally adjusted sellingrate, is expected to reach 15.9
new vehicle market declines -2% year-on-year in July to 1.273 million units. The average daily sellingrate (DSR) stands at 50,925, down from 51,971 a year ago. The average daily sellingrate (DSR) stands at 50,925, down from 51,971 a year ago. Light trucks account for 81% of total sales, up from 80% a year ago.
The car market in the US shows positive signs of growth, with nearly 1.3 million sales recorded in January and February 2024, representing a 10.7 Likewise, the seasonally adjusted annualized salesrate exceeded the 16 million mark, flying over the forecasted 15.4-15.5 Light-Vehicle Sales – February 2024 Feb.
new-vehicle sales in August should remain relatively stable when adjusted for significant seasonality. In August, the seasonally adjusted annual rate (SAAR), or sales pace, is expected to reach 15.4 In fact, August could potentially be the month with the highest sales volume of the year so far. million level.
July new-vehicle sales will show some recovery from the widespread software outage that impacted sales and reporting last month. In July, the seasonally adjusted annual rate (SAAR), or sales pace, is expected to rise to 16.0 Fleet sales are also unknown but will be an important factor in July’s result.
Understanding evolving buying behaviors and automotive sales trends is the key for proactive dealers to stay ahead. With Q4 2023 wrapping up, it’s a pivotal moment for dealerships to reflect on the projected trends, their performance metrics, and how the market dynamics have evolved over the years. million units.
This week’s reported decline in Canadian used wholesale market prices dipped to -0.44% for the period ending on May 4, according to Canadian Black Book’s latest Market Insights report. The analysis is based on approximately 220,000 used vehicles listed for sale on Canadian dealer lots. The full report is available here.
New versions of the BYD Sealion 6 plug-in hybrid SUV have received suspension revisions for the Australian market. The BYD Sealion 6 was Australia’s best-selling plug-in hybrid vehicle in 2024 with 6198 deliveries, 72 sales ahead of the Mitsubishi Outlander PHEV (6126).
Tesla might need the subsidies more than Musk realizes after sales fell in 2024. This marked the first time in over a decade that Tesla didn’t increase its annual sales. JPMorgan also estimates that in 2024, Tesla’s global share of BEV sales fell from ~15.5% Read: Is Time Running Out For $7,500 EV Tax Credits?
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