The automotive forecast in the United States for the month of December, in terms of total new vehicle sales that include both retail and non-retail transactions, is expected to reach 1,396,700 units, according to a joint forecast from J.D. Power …
November new vehicle sales in the United States are projected to jump 10.2% from a year ago thanks to record-level consumer spending, according to a joint forecast from J.D. Power and GlobalData. They are anticipating that new-vehicle sales for the …
New light vehicle sales showed a notable increase across all provinces in October, based on data reviewed by DesRosiers Automotive Consultants from reporting manufacturers. The majority of provinces experienced a sales growth that surpassed 20% when compared to the same …
Electric vehicles are growing in popularity in the United States as prices continue to fall and technology improves, according to a new survey from FormRush. Key insights from November 2023 show that there are currently 2,442,300 EV owners in the …
There have been 12 consecutive months of sales increases so far this year, compared to 2022. The last time something like this occurred was in November 2015, which saw a noteworthy 32-month run of year-over-year sales increases. That is according …
Provincial new light vehicle sales among reporting OEMs were notably positive last month, September 2023, when sales increases were widespread across Canada. That is according to DesRosiers Automotive Consultants; its latest update shows that all provinces experienced double-digit increases, with …
Luxury sports cars took the lead in DesRosiers Automotive Consultants’ third-quarter segment sales update, gaining 45.5% year-to-date. The Canadian new light vehicle market has enjoyed 11 consecutive months of year-over-year sales increases. The result is an estimated year-to-date sales increase …
The Canadian new vehicle market remained hot this past month as sales from reporting OEMs, estimated by DesRosiers Automotive Consultants, totalled 155,259 units for September 2023 — up 19.0% from the same month in 2022. “Improved vehicle availability is making …
For the sixth consecutive month new vehicle sales in the United States have experienced a double-digit growth, with September showing an increase of 13.8% from the same period in 2022. As September is not yet over, the total new-vehicle sales …
New light vehicle sales at the provincial level varied notably, even as sales on a national level shows an impressive increase.That is according to DesRosiers Automotive Consultants (DAC) latest update, which found that Québec led the market with an estimated …
A forecast from DesRosiers Automotive Consultants predicting that 2023 may be one of those rare years in which we see an increase in vehicle sales, while also experiencing a broader economic recession, is looking decidedly on track. According to DAC, …
J.D. Power recently released the July edition of its Automotive Market Metrics for Canada, offering dealers some insight into how things fared last month. The report shows that loans represented 53% of total transactions for new vehicles over the past …
