new car sales Archives - BodyShop Business
Edmunds: Pent-Up Demand to Prop Up New Car Sales in Q2

Edmunds forecasts that more than 4 million new cars and trucks will be sold in the U.S. in Q2 2023.

Edmunds Says 15.2 Million New Vehicles Will Be Sold in 2022

Edmunds analysts note that this would represent a 1.2% increase from their estimate of 15 million new vehicle sales in 2021.

Brand Loyalty among U.S. Auto Consumers Drops to Six-Year Low

Analysis of new vehicle registration data through June indicates that the overall brand loyalty rate of 51% in the U.S. market is the lowest since August 2015.

Autotrader Names Hottest Cars of Summer 2021

A microchip shortage along with COVID-related production and supply-chain issues have led to many of the most popular cars, trucks and SUVs not being available on dealer lots.

Average New-Vehicle Prices Rise More Than $2,000 from Last Year

The estimated average transaction price for a light vehicle in the U.S. was $41,263 in May 2021, according to the analysts at Kelley Blue Book.

Light Truck Sales Continue to Skyrocket, Says SEMA

By 2028, light trucks are expected to make up 82% of all new light vehicles sold, according to new SEMA research.

Global Auto Sales Expected to Gain Momentum Next Year

U.S. sales volumes are expected to reach 16 million units, up an estimated 10% from the projected 2020 level of 14.5 million units.

Edmunds Experts Forecast 2020 New Vehicle Sales

2020 is looking to be another year of historically high new vehicle sales for the automotive industry.

JD Power: New Vehicle Sales Slow, Discounts Rise

May will be the fifth consecutive month in 2019 to experience a sales decline, with calendar year-to-date sales through May expected to be down 5.2% compared with the same period in 2018.

Edmunds: Leases Ending in 2019 to Face Significant Price Hikes

Record-high vehicle prices, weakening residuals and rising interest rates are mostly to blame for the increases, which analysts say are substantial enough to potentially price many shoppers out of the new vehicle market.

Car Dealers Packed with Unsold Cars, Sales Expected to Drop

With U.S. auto sales expected to weaken in 2019, analysts are warning that car manufacturers might have to curb their production, according to an article by WSJ.

Edmunds Experts Forecast 16.9 Million New Vehicles Will Be Sold In 2019

New vehicle sales will continue to decline in 2019, continuing a trend started in 2017, according to a new report from the car shopping experts at Edmunds.