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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
Acura’s sales are down 11.3 It’s more bad news for fans of four-door sedans as two of Acura’s most popular family cars have taken a further pummeling in recently released sales figures. DSR – Daily SellingRate) in May compared to the same time last year. percent for the first five months of 2024.
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 According to a preliminary report by GlobalData, the daily vehicle sellingrate rose to 50,000 in February, up from 42,400 in January.
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. Among OEMs still making monthly sales data available, Toyota Motor (-5.1%) falls faster than the market, Ford Motor (-0.3%) is stable and Hyundai-Kia drops -3.3%.
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. In this blog post, we’ll explore the automotive landscape in Q3 2023, providing insights into the state of dealership sales, inventory management, customer engagement, and loyalty as dealers head into Q4 and beyond.
Conversion rates were slightly improved compared to last week, but some observed sellrates were still as low as 12% while the high end was up to 83%; the average being between 25-45%.” The analysis is based on approximately 220,000 used vehicles listed for sale on Canadian dealer lots. The full report is available here.
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). It launched in Australia in mid-2024, with close to 12,000 deliveries forecast in 2025 if the Sealion 6 maintains its current sellingrate.
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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