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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 According to a preliminary report by GlobalData, the daily vehicle selling rate rose to 50,000 in February, up from 42,400 in January. GlobalData reports that fleet sales totaled 257,000 units last month, grabbing a hefty market share of 20.6

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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. As a reminder, the prior week’s decrease was -0.27%, while the pre-pandemic 2017-2019 average of the same period was -0.19%.

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

AutoSuccessOnline

In August, the seasonally adjusted annual rate (SAAR), or sales pace, is expected to reach 15.4 The strong sales pace in July was partly fueled by a sales rebound following an industry-wide dealership software disruption that slowed the market in the second half of June. million, higher than last August’s 15.3 million level.

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

AutoSuccessOnline

Those sales will likely be captured in this month’s final tallies and, together with seasonal adjustments, will help push the pace well above the market’s 15.5 However, July sales will likely include some sales that were delayed from June, which should push the market toward the upper end of the sales range. July 2024 U.S.

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

Automotive Mastermind

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. Sales were stable throughout Q3 despite affordability and rising interest rates pushing some buyers out of the market. million units.

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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. Subaru Crosstrek The U.S. This leads the year-to-date tally to 9.08

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