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High Demand For Hybrids Contributes To Increased Sales In February

Carscoops

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 sales rate exceeded the 16 million mark, flying over the forecasted 15.4-15.5 Light-Vehicle Sales – February 2024 Feb.

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Cox Automotive Forecast: August U.S. Auto Sales Show Stability Amid Seasonal and Labor Day Boost

AutoSuccessOnline

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.

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Cox Automotive Forecast: New-Vehicle Sales Pace Expected to Rebound After June Disruptions

AutoSuccessOnline

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.

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Q4 2023 State of Dealership Sales & Inventory: Insights from Q3 & Looking Ahead

Automotive Mastermind

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.

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Used vehicle prices slip -0.44%; trucks/SUVs decline -0.54%

Canadian Auto Dealer

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.

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USA July 2024: Subaru Crosstrek (+36.3%), Honda Civic (+17.7%) impress in negative market

Best Selling Cars Blog

new vehicle market declines -2% year-on-year in July to 1.273 million units. The average daily selling rate (DSR) stands at 50,925, down from 51,971 a year ago. The average daily selling rate (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.

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