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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. Subaru Crosstrek The U.S. This leads the year-to-date tally to 9.08
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 sellingrate 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
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%.
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.
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.
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.
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).
As Tesla has the first-mover advantage in the EV space and is the current market leader, it can develop and sell its EVs at a lower cost than most of its rivals and – in theory – could grow its share. This analyst has a Sellrating on $TSLA so it presents a more negative view than others with Buy or Hold ratings.
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