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The U.S. new vehicle market recorded a modest uptick in October, with sales increasing 4% year-over-year (YOY) to 1,325,643 units. The strongest-performing brands included Mazda (+25%), Kia (+16%), Lexus (+12%), Honda (+9.1%), Subaru (+6%) & Toyota (+5.7%). Strong demand for hybrid vehicles carried over from September into October, with Kia serving as a particularly compelling example, reporting a 114% increase in hybrid deliveries. Kia's electric vehicles, including the EV6 & EV9, also performed well despite the broader slowdown in EV sales. The same hybrid momentum was evident at Toyota & Lexus, which combined for 126,054 electrified vehicle sales, representing 57% of their combined sales.
November promises to be an interesting month for the automotive industry. The U.S. economy continues to demonstrate resilience, with real gross domestic product (GDP) increasing at an annualized rate of 3.4% in the third quarter of 2026, according to the U.S. Bureau of Economic Analysis (BEA). However, economic resilience is only one side of the equation. Political uncertainty & potentially unpredictable policy decisions by U.S. President Donald Trump could further escalate tensions in an already volatile Middle East, potentially disrupting energy markets & driving fuel prices higher. Such developments could directly affect consumer purchasing decisions, adding further uncertainty to the automotive market & potentially negatively affecting demand for new vehicles.
Sources:
MarkLines, Co., Ltd. (2026, November 4). USA - New car sales in 2026 by OEM, model, vehicle type. Retrieved November 5, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Bureau of Economic Analysis (2026, October 29). GDP (Advance Estimate), 3rd Quarter 2026. Retrieved November 5, 2026, from https://www.bea.gov/news/2026/gdp-advance-estimate-3rd-quarter-2026
Reynolds, J. (2026, November 4). October 2026 National Auto Sales. CarPro. https://www.carpro.com/blog/october-2026-national-auto-sales (Accessed: 5 November 2026).
November promises to be an interesting month for the automotive industry. The U.S. economy continues to demonstrate resilience, with real gross domestic product (GDP) increasing at an annualized rate of 3.4% in the third quarter of 2026, according to the U.S. Bureau of Economic Analysis (BEA). However, economic resilience is only one side of the equation. Political uncertainty & potentially unpredictable policy decisions by U.S. President Donald Trump could further escalate tensions in an already volatile Middle East, potentially disrupting energy markets & driving fuel prices higher. Such developments could directly affect consumer purchasing decisions, adding further uncertainty to the automotive market & potentially negatively affecting demand for new vehicles.
Sources:
MarkLines, Co., Ltd. (2026, November 4). USA - New car sales in 2026 by OEM, model, vehicle type. Retrieved November 5, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Bureau of Economic Analysis (2026, October 29). GDP (Advance Estimate), 3rd Quarter 2026. Retrieved November 5, 2026, from https://www.bea.gov/news/2026/gdp-advance-estimate-3rd-quarter-2026
Reynolds, J. (2026, November 4). October 2026 National Auto Sales. CarPro. https://www.carpro.com/blog/october-2026-national-auto-sales (Accessed: 5 November 2026).
The U.S. new vehicle market rebounded in September, supported in part by the Labor Day sales push we highlighted last month, which fell in September this year. Another contributing factor was the continued shift from traditional internal combustion engine (ICE) vehicles toward hybrids, benefiting brands that have placed a strong emphasis on hybrid offerings.
Overall, U.S. new vehicle sales increased 5.2% year-over-year (YOY) to 1,321,668 units. The strongest performers included Mazda (+32%), RAM (+20%), Infiniti (+20%), Kia (+18%), Honda (+17%), Lexus (+11%), Hyundai (+9.1%), Toyota (+8.4%) & Buick (+7.9%). Strong hybrid demand helped support performance across several of these brands.
Hybrid vehicle sales increased 22.4%, lifting their market share to 15.6%. In contrast, EV sales fell 29.2%, reducing their market share to 6.2%. Individual model results further illustrate the strength of hybrid demand. For instance, Honda Accord Hybrid sales rose 22%, CR-V Hybrid sales increased 21% & Hyundai's hybrid sales climbed 39%. Hyundai's performance was particularly notable, with 21,578 hybrid vehicles sold, representing 28% of its total sales.
Looking ahead, geopolitical uncertainty remains a key risk. Escalating hostilities involving Saudi Arabia & its regional allies, alongside Houthi forces aligned with Iran, could destabilize the broader Middle East. Any wider conflict could disrupt energy markets & drive fuel prices higher, increasing vehicle operating costs & potentially dampening demand for new vehicles.
Sources:
MarkLines, Co., Ltd. (2026, October 2). USA - New car sales in 2026 by OEM, model, vehicle type. Retrieved October 8, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Collision Repair Mag. (2026, October 8). Market Beat: U.S. vehicle sales down 3.6% as hybrids make gains. Retrieved October 8, 2026, from https://www.collisionrepairmag.com/news/article/15837004/september-market-beat-us-sales-pace-falls-as-hybrids-gain-ground
Reynolds, J. (2026, October 8). NATIONAL Sales Results For All Automakers Year-To-Date Q3 2026. San Antonio News. https://www.mysanantonio.com/news/article/national-sales-results-for-all-automakers-22468713.php (Accessed: 8 October 2026).
Overall, U.S. new vehicle sales increased 5.2% year-over-year (YOY) to 1,321,668 units. The strongest performers included Mazda (+32%), RAM (+20%), Infiniti (+20%), Kia (+18%), Honda (+17%), Lexus (+11%), Hyundai (+9.1%), Toyota (+8.4%) & Buick (+7.9%). Strong hybrid demand helped support performance across several of these brands.
Hybrid vehicle sales increased 22.4%, lifting their market share to 15.6%. In contrast, EV sales fell 29.2%, reducing their market share to 6.2%. Individual model results further illustrate the strength of hybrid demand. For instance, Honda Accord Hybrid sales rose 22%, CR-V Hybrid sales increased 21% & Hyundai's hybrid sales climbed 39%. Hyundai's performance was particularly notable, with 21,578 hybrid vehicles sold, representing 28% of its total sales.
Looking ahead, geopolitical uncertainty remains a key risk. Escalating hostilities involving Saudi Arabia & its regional allies, alongside Houthi forces aligned with Iran, could destabilize the broader Middle East. Any wider conflict could disrupt energy markets & drive fuel prices higher, increasing vehicle operating costs & potentially dampening demand for new vehicles.
Sources:
MarkLines, Co., Ltd. (2026, October 2). USA - New car sales in 2026 by OEM, model, vehicle type. Retrieved October 8, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Collision Repair Mag. (2026, October 8). Market Beat: U.S. vehicle sales down 3.6% as hybrids make gains. Retrieved October 8, 2026, from https://www.collisionrepairmag.com/news/article/15837004/september-market-beat-us-sales-pace-falls-as-hybrids-gain-ground
Reynolds, J. (2026, October 8). NATIONAL Sales Results For All Automakers Year-To-Date Q3 2026. San Antonio News. https://www.mysanantonio.com/news/article/national-sales-results-for-all-automakers-22468713.php (Accessed: 8 October 2026).
August was another month of underwhelming performance, with U.S. new vehicle sales declining 6.6% year-over-year (YOY) to 1,378,719 units. The decline was driven by several factors. One is affordability, as average vehicle prices continue to trend upward, making a decrease in quantity demanded more pronounced. Another factor is geopolitical instability, which has kept gas prices elevated & increased the cost of operating a vehicle, putting additional pressure on demand. Finally, interest rates have remained relatively high, further increasing the overall cost of vehicle ownership through higher financing costs.
A few automakers nevertheless managed to post relatively fair growth. Acura increased sales 6.5% YOY, while Subaru & Kia grew 1.3% & 1.0%, respectively. Kia was a notable beneficiary of its newly redesigned 2027 Seltos, with sales jumping from 5,574 units a year ago to 9,214 units, a 65.3% increase. Another notable model-level performer was the Hyundai Sonata, which gained 44% YOY.
It is challenging to predict what September may bring given the geopolitical uncertainty surrounding the conflicts in the Middle East. A further escalation could potentially disrupt the Red Sea oil route, particularly if the Houthis were to cut off shipping through the area, exacerbating the risks already surrounding the Strait of Hormuz. This is particularly relevant because Saudi Arabia has used its Red Sea ports as an alternative export route to bypass the Strait of Hormuz.
There is, however, one interesting calendar effect worth considering. Labor Day weekend sales are typically strong & last year the holiday fell on September 1, meaning the major Labor Day selling period ran from Friday, August 29 through Sunday, August 31. This year, Labor Day falls on September 7, shifting that same selling period to Friday, September 4 through Sunday, September 6. As a result, September sales figures could receive a meaningful boost from the calendar shift, potentially making the YOY comparison look better than August's even if underlying demand remains relatively weak.
Sources:
MarkLines, Co., Ltd. (2026, September 2). USA - New car sales in 2026 by OEM, model, vehicle type. Retrieved September 12, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Alaniz, A. (2026, September 3). Winners And Losers From August Auto Sales. Motor1. https://www.motor1.com/news/807036/august-auto-sales-winners-losers-results (Accessed: 12 September 2026).
Reynolds, J. (2026, September 7). August 2026 U.S. Auto Sales Recap. CarPro. https://www.carpro.com/blog/august-2026-u.s.-auto-sales-recap (Accessed: 12 September 2026).
A few automakers nevertheless managed to post relatively fair growth. Acura increased sales 6.5% YOY, while Subaru & Kia grew 1.3% & 1.0%, respectively. Kia was a notable beneficiary of its newly redesigned 2027 Seltos, with sales jumping from 5,574 units a year ago to 9,214 units, a 65.3% increase. Another notable model-level performer was the Hyundai Sonata, which gained 44% YOY.
It is challenging to predict what September may bring given the geopolitical uncertainty surrounding the conflicts in the Middle East. A further escalation could potentially disrupt the Red Sea oil route, particularly if the Houthis were to cut off shipping through the area, exacerbating the risks already surrounding the Strait of Hormuz. This is particularly relevant because Saudi Arabia has used its Red Sea ports as an alternative export route to bypass the Strait of Hormuz.
There is, however, one interesting calendar effect worth considering. Labor Day weekend sales are typically strong & last year the holiday fell on September 1, meaning the major Labor Day selling period ran from Friday, August 29 through Sunday, August 31. This year, Labor Day falls on September 7, shifting that same selling period to Friday, September 4 through Sunday, September 6. As a result, September sales figures could receive a meaningful boost from the calendar shift, potentially making the YOY comparison look better than August's even if underlying demand remains relatively weak.
Sources:
MarkLines, Co., Ltd. (2026, September 2). USA - New car sales in 2026 by OEM, model, vehicle type. Retrieved September 12, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Alaniz, A. (2026, September 3). Winners And Losers From August Auto Sales. Motor1. https://www.motor1.com/news/807036/august-auto-sales-winners-losers-results (Accessed: 12 September 2026).
Reynolds, J. (2026, September 7). August 2026 U.S. Auto Sales Recap. CarPro. https://www.carpro.com/blog/august-2026-u.s.-auto-sales-recap (Accessed: 12 September 2026).
U.S. new vehicle sales decreased 1.6% Year-Over-Year (YOY), totaling 1,365,976 units. One notable trend is the continued shift from gasoline-powered vehicles to hybrid models, which has helped several manufacturers avoid steeper sales declines. For example, Honda posted a 12.8% YOY increase, reaching 136,549 units sold, driven largely by strong hybrid demand. The Honda Accord Hybrid recorded a 28.7% YOY increase, while the Honda CR-V Hybrid rose 18.4%. Similarly, Kia, Genesis & Hyundai posted YOY gains of 6.65%, 5.0% & 4.0%, respectively, supported by robust hybrid sales fueled in part by higher fuel prices & ongoing geopolitical uncertainty.
Several models also posted remarkable month-over-month (MOM) gains in July compared with June. The Mazda3, Kia Seltos, Honda Accord, Hyundai Elantra, Ford Maverick, Honda Civic & Ford Bronco Sport recorded increases of 87.5%, 79.1%, 54.7%, 39.0%, 29.1%, 20.7% & 10.6%, respectively.
Looking ahead, geopolitical uncertainty surrounding the Strait of Hormuz is likely to persist, creating additional risks for the global economy & weighing on the automotive industry, as well as other sectors. Reaching a resolution that reduces these geopolitical tensions would support global economic growth & stability, which in turn could improve automotive sales in both the United States & worldwide.
Sources:
MarkLines, Co., Ltd. (2026, August 4). USA - Automotive Sales volume, 2026. Retrieved August 5, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
The Truth About Cars (TTAC). (2026, August 4). Honda Hybrid Sales Set July Record As Gas Nears $5. Retrieved August 5, 2026, from https://www.thetruthaboutcars.com/cars/news-blog/honda-hybrid-sales-set-july-record-as-gas-nears-5-45135982
Alaniz, A. (2026, August 4). July Auto Sales Results: Winners And Losers. Motor1. https://www.motor1.com/news/803767/july-auto-sales-winners-losers (Accessed: 5 August 2026).
Miller, C. (2026, August 3). Hyundai, Kia, and Genesis All Achieved Record Sales in July. Car and Driver. https://www.caranddriver.com/news/a73337003/hyundai-kia-genesis-record-sales-july-2026 (Accessed: 5 August 2026).
Several models also posted remarkable month-over-month (MOM) gains in July compared with June. The Mazda3, Kia Seltos, Honda Accord, Hyundai Elantra, Ford Maverick, Honda Civic & Ford Bronco Sport recorded increases of 87.5%, 79.1%, 54.7%, 39.0%, 29.1%, 20.7% & 10.6%, respectively.
Looking ahead, geopolitical uncertainty surrounding the Strait of Hormuz is likely to persist, creating additional risks for the global economy & weighing on the automotive industry, as well as other sectors. Reaching a resolution that reduces these geopolitical tensions would support global economic growth & stability, which in turn could improve automotive sales in both the United States & worldwide.
Sources:
MarkLines, Co., Ltd. (2026, August 4). USA - Automotive Sales volume, 2026. Retrieved August 5, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
The Truth About Cars (TTAC). (2026, August 4). Honda Hybrid Sales Set July Record As Gas Nears $5. Retrieved August 5, 2026, from https://www.thetruthaboutcars.com/cars/news-blog/honda-hybrid-sales-set-july-record-as-gas-nears-5-45135982
Alaniz, A. (2026, August 4). July Auto Sales Results: Winners And Losers. Motor1. https://www.motor1.com/news/803767/july-auto-sales-winners-losers (Accessed: 5 August 2026).
Miller, C. (2026, August 3). Hyundai, Kia, and Genesis All Achieved Record Sales in July. Car and Driver. https://www.caranddriver.com/news/a73337003/hyundai-kia-genesis-record-sales-july-2026 (Accessed: 5 August 2026).
U.S. new vehicle sales increased 7.8% year over year (YoY), reaching 1,366,093 units. One of the biggest stories this quarter is the continued shift from traditional gasoline-powered vehicles to hybrid models, driven in part by higher fuel prices & geopolitical uncertainty. Tensions surrounding the Strait of Hormuz, instability involving Iran & the United States and uncertainty over diplomatic negotiations have all contributed to concerns about future gas prices, reinforcing consumer interest in more fuel-efficient vehicles.
Among automakers, Subaru led with an 18.1% YoY sales increase. Honda posted a strong 17% gain, fueled by a remarkable 49% increase in Accord sales. Acura & BMW each reported 13% growth, with BMW benefiting from a 22.9% increase in plug-in hybrid (PHEV) sales. Ram rose 15%, Mazda increased 11.3%, Hyundai gained 11% & both Nissan & Toyota were up 10.2%. Toyota's diverse hybrid lineup continued to be a significant advantage, with strong performances from the Camry, RAV4, Sienna, Grand Highlander, Tacoma, 4Runner & Sequoia.
Looking ahead, uncertainty surrounding fuel prices is expected to remain an important factor influencing consumer purchasing decisions. As a result, hybrid, PHEV & battery-electric (EV) models are expected to continue gaining market share as buyers prioritize fuel efficiency, lower operating costs & greater flexibility.
Sources:
MarkLines, Co., Ltd. (2026, July 2). USA - Automotive Sales volume, 2026. Retrieved July 11, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Reynolds, J. (2026, July 10). Mid-Year 2026 U.S. Auto Sales Results - Nearly All Automakers Reporting. CarPro. https://www.carpro.com/blog/mid-year-2026-u.s.-auto-sales-results-nearly-all-automakers-reporting (Accessed: 11 July 2026).
Among automakers, Subaru led with an 18.1% YoY sales increase. Honda posted a strong 17% gain, fueled by a remarkable 49% increase in Accord sales. Acura & BMW each reported 13% growth, with BMW benefiting from a 22.9% increase in plug-in hybrid (PHEV) sales. Ram rose 15%, Mazda increased 11.3%, Hyundai gained 11% & both Nissan & Toyota were up 10.2%. Toyota's diverse hybrid lineup continued to be a significant advantage, with strong performances from the Camry, RAV4, Sienna, Grand Highlander, Tacoma, 4Runner & Sequoia.
Looking ahead, uncertainty surrounding fuel prices is expected to remain an important factor influencing consumer purchasing decisions. As a result, hybrid, PHEV & battery-electric (EV) models are expected to continue gaining market share as buyers prioritize fuel efficiency, lower operating costs & greater flexibility.
Sources:
MarkLines, Co., Ltd. (2026, July 2). USA - Automotive Sales volume, 2026. Retrieved July 11, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Reynolds, J. (2026, July 10). Mid-Year 2026 U.S. Auto Sales Results - Nearly All Automakers Reporting. CarPro. https://www.carpro.com/blog/mid-year-2026-u.s.-auto-sales-results-nearly-all-automakers-reporting (Accessed: 11 July 2026).
U.S. new vehicle sales rose modestly in May, increasing 0.8% year over year (YOY) to approximately 1.48 million units. Higher incentives & strong demand for hybrids helped drive this growth.
The surge in hybrid sales is not surprising given rising fuel costs, as many consumers are shifting from traditional gas-powered vehicles to hybrids to reduce operating expenses. This trend is evident across several popular models. The Kia Sportage Hybrid, Sorento Hybrid & Carnival Hybrid posted impressive sales gains of 171%, 101% & 32%, respectively.
Mazda also delivered a strong performance, helped in part by the Mazda MX-5 Miata, whose sales jumped 196.6% YOY. Overall, Mazda sales increased 35%, followed by Honda at 10.5% & Subaru at 10.4%.
Looking ahead, if fuel prices remain elevated, it will be interesting to see whether hybrid & EV sales continue to accelerate, as well as further take market share from traditional gas-powered vehicles.
Sources:
Alaniz A. (2026, June 4). Winners And Losers From May Auto Sales. Motorsport Network. https://www.motor1.com/news/797747/may-auto-sales-results-winners-losers (Accessed: 6 June 2026).
Reynolds, J. (2026, June 3). May 2026 U.S. Auto Sales Results & Market Analysis. CarPro. https://www.carpro.com/blog/may-2026-u.s.-auto-sales-results-market-analysis (Accessed: 6 June 2026).
The surge in hybrid sales is not surprising given rising fuel costs, as many consumers are shifting from traditional gas-powered vehicles to hybrids to reduce operating expenses. This trend is evident across several popular models. The Kia Sportage Hybrid, Sorento Hybrid & Carnival Hybrid posted impressive sales gains of 171%, 101% & 32%, respectively.
Mazda also delivered a strong performance, helped in part by the Mazda MX-5 Miata, whose sales jumped 196.6% YOY. Overall, Mazda sales increased 35%, followed by Honda at 10.5% & Subaru at 10.4%.
Looking ahead, if fuel prices remain elevated, it will be interesting to see whether hybrid & EV sales continue to accelerate, as well as further take market share from traditional gas-powered vehicles.
Sources:
Alaniz A. (2026, June 4). Winners And Losers From May Auto Sales. Motorsport Network. https://www.motor1.com/news/797747/may-auto-sales-results-winners-losers (Accessed: 6 June 2026).
Reynolds, J. (2026, June 3). May 2026 U.S. Auto Sales Results & Market Analysis. CarPro. https://www.carpro.com/blog/may-2026-u.s.-auto-sales-results-market-analysis (Accessed: 6 June 2026).
U.S. new car sales decreased by 6.7% year over year (YOY), which we estimate at approximately 1,036,297 units in April. A prolonged Middle East conflict, including the closure of the Strait of Hormuz & the U.S. blockade of Iranian ships, has placed significant strain on the global economy. Rising fuel costs, combined with high interest rates, have reduced demand for new cars, as anticipated in previous editions of this blog.
In response to these conditions, the automotive industry is focusing on retaining market share & strengthening customer relationships. In this edition, we focus on customer loyalty, a critical factor for long term competitiveness. Industry estimates suggest that retaining an existing customer is five to twenty-five times cheaper than acquiring a new one.
According to S&P Global Mobility, the industry’s average loyalty rate stands at 51.1%. Mainstream brands, at 51.8%, outperform luxury brands at 48%, indicating that premium segment customers are more likely to switch brands. Among mainstream brands, Ford leads at 58.8%, followed by Chevrolet at 57.8% & Toyota at 57.7%. In the luxury segment, Tesla leads at 59.5%, followed by Mercedes Benz at 53.9% & BMW at 52.2%.
These figures highlight an important takeaway. One effective way to improve customer retention is to present compelling offers about one month before a lease expires, supported by manufacturer backed financing. Even in uncertain economic conditions, targeted strategies like these can help mitigate declining demand & strengthen customer loyalty.
Sources:
MarkLines, Co., Ltd. (2026, May 2). USA - Automotive Sales volume, 2026. Retrieved May 4, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Chiu, K. (2026, February 27). Driving success with customer loyalty in the automotive industry. S&P Global. https://www.spglobal.com/automotive-insights/en/blogs/strategies-to-grow-customer-loyalty-automotive-industry (Accessed: 4 May 2026).
In response to these conditions, the automotive industry is focusing on retaining market share & strengthening customer relationships. In this edition, we focus on customer loyalty, a critical factor for long term competitiveness. Industry estimates suggest that retaining an existing customer is five to twenty-five times cheaper than acquiring a new one.
According to S&P Global Mobility, the industry’s average loyalty rate stands at 51.1%. Mainstream brands, at 51.8%, outperform luxury brands at 48%, indicating that premium segment customers are more likely to switch brands. Among mainstream brands, Ford leads at 58.8%, followed by Chevrolet at 57.8% & Toyota at 57.7%. In the luxury segment, Tesla leads at 59.5%, followed by Mercedes Benz at 53.9% & BMW at 52.2%.
These figures highlight an important takeaway. One effective way to improve customer retention is to present compelling offers about one month before a lease expires, supported by manufacturer backed financing. Even in uncertain economic conditions, targeted strategies like these can help mitigate declining demand & strengthen customer loyalty.
Sources:
MarkLines, Co., Ltd. (2026, May 2). USA - Automotive Sales volume, 2026. Retrieved May 4, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Chiu, K. (2026, February 27). Driving success with customer loyalty in the automotive industry. S&P Global. https://www.spglobal.com/automotive-insights/en/blogs/strategies-to-grow-customer-loyalty-automotive-industry (Accessed: 4 May 2026).
U.S. new car sales declined 12.3% Year-Over-Year (YOY) to 1,397,835 units in March. Higher vehicle prices, driven by geopolitical instability, particularly the war in Iran & the closure of the Strait of Hormuz, have caused significant ripple effects on oil & gasoline prices. Since new cars & fuel are complementary goods, higher fuel costs reduce new car demand. With peace talks stalled due to wide gaps between the U.S. & Iranian positions, this trend is likely to continue.
Prolonged Middle East conflict also drives up prices for other goods, including fertilizers & has contributed to the Federal Reserve keeping the Federal Funds Rate in the 3.5% to 3.75% range. Higher interest rates further increase the cost of new car ownership, cooling demand.
On the positive side, Stellantis grew 4.4% YOY & rising gasoline prices have boosted demand for hybrids & electric vehicles, exemplified by Hyundai’s IONIQ 5, which surged 13%. The shift in energy demand is also fueling Chinese solar cell exports, which rose 99.2% in March compared to February. Overall, the automotive market faces turbulent months ahead, but these forces are accelerating a shift toward electric vehicles.
Sources:
MarkLines, Co., Ltd. (2026, April 2). USA - Automotive Sales volume, 2026. Retrieved May 4, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Patel, A. (2026, April 30). China briefing 30 April 2026: Fossil fuel ‘strict controls’ | El Niño approaches | Why cleantech exports have surged. Carbon Brief. https://www.carbonbrief.org/china-briefing-30-april-2026-fossil-fuel-strict-controls-el-nino-approaches-why-cleantech-exports-have-surged/ (Accessed: 4 May 2026).
Prolonged Middle East conflict also drives up prices for other goods, including fertilizers & has contributed to the Federal Reserve keeping the Federal Funds Rate in the 3.5% to 3.75% range. Higher interest rates further increase the cost of new car ownership, cooling demand.
On the positive side, Stellantis grew 4.4% YOY & rising gasoline prices have boosted demand for hybrids & electric vehicles, exemplified by Hyundai’s IONIQ 5, which surged 13%. The shift in energy demand is also fueling Chinese solar cell exports, which rose 99.2% in March compared to February. Overall, the automotive market faces turbulent months ahead, but these forces are accelerating a shift toward electric vehicles.
Sources:
MarkLines, Co., Ltd. (2026, April 2). USA - Automotive Sales volume, 2026. Retrieved May 4, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Patel, A. (2026, April 30). China briefing 30 April 2026: Fossil fuel ‘strict controls’ | El Niño approaches | Why cleantech exports have surged. Carbon Brief. https://www.carbonbrief.org/china-briefing-30-april-2026-fossil-fuel-strict-controls-el-nino-approaches-why-cleantech-exports-have-surged/ (Accessed: 4 May 2026).
As anticipated in the previous January edition, U.S. new car sales declined 1.9% Year-Over-Year (YOY) to 1,199,308 units. Higher vehicle prices, driven by geopolitical instability & supply chain disruptions stemming from tariff related trade tensions, negatively affected demand. Prolonged conflict in the Middle East could further increase gasoline prices. Because gasoline & automobiles are complementary goods, higher fuel costs may weaken demand for new vehicles. Despite the overall decline, several automakers recorded positive YOY sales growth, including Hyundai (6.6%), Stellantis (5.2%), Audi (4.5%) & Kia (4.3%). Going forward, the primary concern remains geopolitical instability & the potential widening of conflict in the Middle East. A successful resolution will be critical for supporting the health of both the U.S. & the global economies.
Sources:
MarkLines, Co., Ltd. (2026, March 4). USA - Automotive Sales volume, 2026. Retrieved March 16, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2026, March 4). USA - Automotive Sales volume, 2026. Retrieved March 16, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
The beginning of 2026 has gotten off to a slow start, w/ U.S. new car sales dipping approximately 0.5% Year-Over-Year (YOY) to 1,107,423 units. January is typically a slow selling month due to adverse weather conditions & late-month Winter Storm Fern further weighed on sales this year. Among notable performers, Kia posted YOY growth of 13.2%, driven by record sales of its electrified models. This was followed by Audi at 9.7%, Tesla at 9.5% & Toyota at 8%, which was significantly buoyed by strong demand for the Highlander at 68% growth, Camry at 15% & Tacoma at 14%.
Looking ahead to February, the Federal Reserve’s decision to pause rate cuts may continue to weigh on consumer affordability in the automotive market. As a result, a near-term sales spike appears unlikely. However, as 2026 progresses, developments in trade agreements & broader economic growth could materially alter the sales outlook.
Sources:
MarkLines, Co., Ltd. (2026, February 4). USA - Automotive Sales volume, 2026. Retrieved February 5, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Looking ahead to February, the Federal Reserve’s decision to pause rate cuts may continue to weigh on consumer affordability in the automotive market. As a result, a near-term sales spike appears unlikely. However, as 2026 progresses, developments in trade agreements & broader economic growth could materially alter the sales outlook.
Sources:
MarkLines, Co., Ltd. (2026, February 4). USA - Automotive Sales volume, 2026. Retrieved February 5, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
U.S. new car sales declined slightly by 1.5% Year-Over-Year (YOY) to 1,476,588 units, capping 2025 at 16,390,701 new vehicles sold. A combination of tariffs, expired EV credits, high borrowing costs & geopolitical issues including export restrictions affecting the Dutch semiconductor manufacturer Nexperia, which is owned by China’s Wingtech Technology, contributed to softer automotive demand. These factors also led to longer inventory turnover periods for manufacturers & dealers. Lincoln in particular saw inventory days exceed 100 at 101 days. Other brands with elevated inventory levels included Jeep at 86 days, RAM at 82 days, as well as Ford & Volkswagen at 79 days each. Notable YOY sales performers included Nissan with growth of 10.4%, Toyota at 10.3% & BMW at 7.6%. Looking ahead to 2026, supply chain stability, trade agreements & Federal Reserve monetary policy will be key factors shaping automotive industry sales.
Sources:
MarkLines, Co., Ltd. (2026, January 6). USA - Automotive Sales volume, 2025. Retrieved February 5, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2026, January 6). USA - Automotive Sales volume, 2025. Retrieved February 5, 2026, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
November was a disappointing month, w/ U.S. new-car sales declining 6.7% Year-Over-Year (YOY) to 1,274,624 units. Several factors contributed to this outcome, including the expiration of the federal tax credit, the Federal Reserve’s decision to pause rate cuts in November & the ongoing impact of tariffs. While most automakers reported declining sales, a few managed to stay above water, including Stellantis (7.8%), Toyota (2.7%) & Kia (2.7%). Looking ahead, all eyes are on central bank policymakers, w/ sentiment leaning toward a possible rate cut at the December 10 meeting due to a cooling labor market where tariffs & AI-driven efficiencies have contributed to job reductions.
Sources:
MarkLines, Co., Ltd. (2025, December 3). USA - Automotive Sales volume, 2025. Retrieved December 5, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2025, December 3). USA - Automotive Sales volume, 2025. Retrieved December 5, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
As consumers reacted to the expiring federal tax credit on EVs, many shifted their planned purchases into September & this trend became evident in October’s decline in sales. U.S. new-car sales fell 5.2% Year-Over-Year (YOY) to 1,272,043 units. The expiration of the federal tax credit played a major role, but the downtick was further fueled by tariffs. Even the negotiated U.S.–South Korea 15% tariff rate represents a steep increase from the Obama-era U.S.–Korea Free Trade Agreement (KORUS FTA), which had phased out most rates to 0%. In this disappointing month, Toyota (11.8%) was the only significant performer. Given the ramifications of tariffs & the corresponding realignment of supply chains, the labor market is expected to cool further, which may continue to weigh on sales for the remainder of the year.
Sources:
MarkLines, Co., Ltd. (2025, November 4). USA - Automotive Sales volume, 2025. Retrieved December 5, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2025, November 4). USA - Automotive Sales volume, 2025. Retrieved December 5, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
U.S. new car sales rose in September to 1,256,366 units, marking a 6.2% Year-Over-Year (YOY) increase. The uptick was partly driven by a surge in electric vehicle (EV) demand ahead of the phase-out of federal subsidies at the end of the month.
The broader economy has also provided a strong backdrop for auto demand. The U.S. economy expanded by 3.8% in the second quarter of 2025, supported by accelerating consumer spending. According to the Federal Reserve Bank of Atlanta, both consumer & investment expenditures continued to rise in the third quarter, suggesting further momentum in car sales. It was a particularly strong month for several major automakers. BMW posted the largest gain at 26.4%, followed by Stellantis (+17.7%), Toyota (+14.2%), Hyundai (+12.8%), boosted by discounts on its Ioniq 5 electric SUV, Ford (+12.5%), Kia (+11.2%) & Tesla (+10.1%).
Looking ahead, the industry faces a few uncertainties. Automakers may continue to absorb tariffs in hopes of a reversal of trade restrictions, while the October government shutdown could temporarily dampen consumer sentiment. Still, with the economy gaining strength, the underlying demand for new vehicles remains solid.
Sources:
MarkLines, Co., Ltd. (2025, October 2). USA - Automotive Sales volume, 2025. Retrieved October 24, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Federal Reserve Bank of Atlanta (2025, October 17). GDPNow. Retrieved October 24, 2025, from https://www.atlantafed.org/cqer/research/gdpnow
Bureau of Economic Analysis (2025, Sepember 25). Gross Domestic Product, 2nd Quarter 2025 (Third Estimate), GDP by Industry, Corporate Profits (Revised), and Annual Update. Retrieved October 24, 2025, from https://www.bea.gov/news/2025/gross-domestic-product-2nd-quarter-2025-third-estimate-gdp-industry-corporate-profits#:~:text=Real%20gross%20domestic%20product%20(GDP,decreased%200.6%20percent%20(revised).
The broader economy has also provided a strong backdrop for auto demand. The U.S. economy expanded by 3.8% in the second quarter of 2025, supported by accelerating consumer spending. According to the Federal Reserve Bank of Atlanta, both consumer & investment expenditures continued to rise in the third quarter, suggesting further momentum in car sales. It was a particularly strong month for several major automakers. BMW posted the largest gain at 26.4%, followed by Stellantis (+17.7%), Toyota (+14.2%), Hyundai (+12.8%), boosted by discounts on its Ioniq 5 electric SUV, Ford (+12.5%), Kia (+11.2%) & Tesla (+10.1%).
Looking ahead, the industry faces a few uncertainties. Automakers may continue to absorb tariffs in hopes of a reversal of trade restrictions, while the October government shutdown could temporarily dampen consumer sentiment. Still, with the economy gaining strength, the underlying demand for new vehicles remains solid.
Sources:
MarkLines, Co., Ltd. (2025, October 2). USA - Automotive Sales volume, 2025. Retrieved October 24, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Federal Reserve Bank of Atlanta (2025, October 17). GDPNow. Retrieved October 24, 2025, from https://www.atlantafed.org/cqer/research/gdpnow
Bureau of Economic Analysis (2025, Sepember 25). Gross Domestic Product, 2nd Quarter 2025 (Third Estimate), GDP by Industry, Corporate Profits (Revised), and Annual Update. Retrieved October 24, 2025, from https://www.bea.gov/news/2025/gross-domestic-product-2nd-quarter-2025-third-estimate-gdp-industry-corporate-profits#:~:text=Real%20gross%20domestic%20product%20(GDP,decreased%200.6%20percent%20(revised).
U.S. new car sales rose in August to 1,459,369 units, which is up 2.3% Year-Over-Year (YoY), partly fueled by a spike in EV demand w/ the phase-out of subsidies on the horizon. Meanwhile, a key court ruling found many of the Trump administration reciprocal tariffs unconstitutional, limiting presidential authority under the International Emergency Economic Powers Act (IEEPA). That ruling, plus trade deals w/ South Korea, Japan, the EU & UK, collectively signals efforts to ease pricing pressures & boost the quantity demanded for new vehicles. A few words on top performers are in order. Toyota & Nissan (12.7%), Hyundai (11.3%), Kia (10.4%) & GM (5.9%) w/ GM’s EV sales hitting record highs. Lots of legal uncertainty remains around tariffs & higher court rulings could significantly impact car prices & demand going forward.
Sources:
MarkLines, Co., Ltd. (2025, September 4). USA - Automotive Sales volume, 2025. Retrieved September 8, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2025, September 4). USA - Automotive Sales volume, 2025. Retrieved September 8, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
U.S. new car sales surged in July to 1,371,830 units, which represents a 7.5% Year-Over-Year (YoY). One reason for this stellar increase could be attributed to a stronger than expected increase in the economy, w/ real GDP increasing at an annualized rate of 3.3% according to the Bureau of Economic Analysis (BEA). As sales accelerated, the total vehicle inventory fell from 2.83 million at the end of June to 2.68 million units at the end of July. Toyota experienced an increase of 20.9% YOY driven in part by sales of RAV4, Grand Highlander, 4Runner & Corolla Cross. Other standout performers included Hyundai (14.4%), Mazda (13%), Stellantis (12.7%), GM (11.9%), Kia (11.9%) & Ford (10.4%). Looking ahead, resolving trade uncertainties in relation to tariffs remains one of most critical points that can impact the automotive sector.
Sources:
MarkLines, Co., Ltd. (2025, August 4). USA - Automotive Sales volume, 2025. Retrieved September 8, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Bureau of Economic Analysis (2025, August 28). Gross Domestic Product, 2nd Quarter 2025 (Second Estimate) and Corporate Profits (Preliminary). Retrieved September 8, 2025, from https://www.bea.gov/news/2025/gross-domestic-product-2nd-quarter-2025-second-estimate-and-corporate-profits-preliminary#:~:text=BEA%2025%E2%80%9435-,Gross%20Domestic%20Product%2C%202nd%20Quarter%202025%20(Second%20Estimate)%20and,by%20a%20downturn%20in%20investment.
Sources:
MarkLines, Co., Ltd. (2025, August 4). USA - Automotive Sales volume, 2025. Retrieved September 8, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Bureau of Economic Analysis (2025, August 28). Gross Domestic Product, 2nd Quarter 2025 (Second Estimate) and Corporate Profits (Preliminary). Retrieved September 8, 2025, from https://www.bea.gov/news/2025/gross-domestic-product-2nd-quarter-2025-second-estimate-and-corporate-profits-preliminary#:~:text=BEA%2025%E2%80%9435-,Gross%20Domestic%20Product%2C%202nd%20Quarter%202025%20(Second%20Estimate)%20and,by%20a%20downturn%20in%20investment.
U.S. new car sales declined in June, falling 5.6% Year-Over-Year (YoY) to 1,259,037 units, marking a weak performance for the month. The drop was driven in part by declining sales from Japanese & European automakers, who remain especially vulnerable to lingering tariff policies from the Trump administration. Despite the overall slowdown, a few brands posted gains, including Ford (11%), as well as Hyundai & Genesis (4.5%). Trade & tariff-related uncertainty continues to weigh on the sector & it will be important to monitor how upcoming economic data, including jobs, unemployment & Q2 2025 real GDP reports, may shape demand moving forward.
Sources:
MarkLines, Co., Ltd. (2025, July 2). USA - Automotive Sales volume, 2025. Retrieved September 8, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2025, July 2). USA - Automotive Sales volume, 2025. Retrieved September 8, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Despite growing concerns about the broader economy, U.S. new car sales increased in May to 1,468,632 units, representing a 1.4% Year-Over-Year (YoY) gain. Trade war & tariff uncertainties appear to have motivated some consumers to purchase vehicles ahead of anticipated price increases. Ford benefited significantly, extending its employee pricing program through June, which helped drive a strong 16.9% YoY sales increase in May. Other notable performers included Volvo, Hyundai & Toyota posting YoY gains of 15%, 8.1% & 7.6% respectively. However, the broader economic backdrop signals caution. Revised figures for Q1 2025 real GDP show a sharper contraction than previously estimated, i.e., a decrease of 0.5% versus the initial 0.3% decline. This downward revision could indicate softening demand ahead for the auto sector.
Sources:
MarkLines, Co., Ltd. (2025, June 4). USA - Automotive Sales volume, 2025. Retrieved July 2, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2025, June 4). USA - Automotive Sales volume, 2025. Retrieved July 2, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
In April, U.S. new car sales rose 9.9% Year-Over-Year (YoY) to 1,463,493 units. Inventory levels declined from 2.99 million units at the beginning of March to 2.66 million by mid-March & further to 2.57 million by mid-April. This drop likely reflects consumers accelerating purchases to take advantage of current pre-tariff prices in anticipation of higher prices later this year. Empirical data supports this trend, showing increased demand for vehicles from South Korean & Japanese automakers, which are vulnerable to tariffs. U.S. automakers such as General Motors (GM) are also impacted due to their dependence on global supply chains. Ford experienced a boost in sales after extending employee discount pricing to all consumers. Top-performing brands in March included Mazda (21% YoY increase), Genesis (20%), GM (19.6%), Hyundai (18.5%), Honda (18.1%), BMW (16.1%), Kia (13.8%) & Ford (13.3%). Looking ahead, trade uncertainty remains a major concern. This was underscored by a 0.3% contraction in real GDP in Q1 2025, signaling strong headwinds for the auto industry & broader economy if trade tensions persist.
Sources:
MarkLines, Co., Ltd. (2025, May 2). USA - Automotive Sales volume, 2025. Retrieved May 8, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2025, May 2). USA - Automotive Sales volume, 2025. Retrieved May 8, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
In light of the current state of the automotive sector, today's edition could well be titled 'U.S. New Car Sales Surge Amid Tariff Fears.' Specifically, in March, U.S. new car sales rose 9.1% Year-Over-Year (YoY) to 1,591,710 units. Inventory levels declined from 2.99 million new units at the beginning of March to 2.66 million by mid-March. This drop is likely driven by consumer fears over a 25% tariff on imported vehicles, which prompted many buyers to accelerate purchases in order to lock in lower pre-tariff prices. This preemptive shift in consumption is particularly evident in countries with which the U.S. has ratified free trade agreements, such as the United States-Korea Free Trade Agreement (KORUS FTA) & the United States-Mexico-Canada Agreement (USMCA). The trend is supported by empirical data showing increased demand for vehicles from South Korean & Japanese automakers that are most vulnerable to the potential tariffs. American manufacturers like General Motors (GM) are also affected by this tariff policy, due to their reliance on international supply chains. GM, for instance, operates four plants in Mexico (Ramos Arizpe, Silao, San Luis Potosí & Toluca) to source many inputs & parts from abroad. As a result, March sales for GM, Subaru, Mazda, Hyundai, Honda & Kia posted YoY gains of 22.7%, 16.6%, 16.1%, 13.7%, 13.3% & 13.1%, respectively.
Looking ahead, resolving trade uncertainties remains a key concern. Furthermore, as consumers shift their spending toward imports, away from domestic goods & services; while, the government adopts austerity measures on its spending, GDP growth for Q1 2025 may fall short of prior forecasts. If economic conditions continue to deteriorate, the automotive industry may face significant headwinds later this year.
Sources:
MarkLines, Co., Ltd. (2025, April 2). USA - Automotive Sales volume, 2025. Retrieved May 7, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Looking ahead, resolving trade uncertainties remains a key concern. Furthermore, as consumers shift their spending toward imports, away from domestic goods & services; while, the government adopts austerity measures on its spending, GDP growth for Q1 2025 may fall short of prior forecasts. If economic conditions continue to deteriorate, the automotive industry may face significant headwinds later this year.
Sources:
MarkLines, Co., Ltd. (2025, April 2). USA - Automotive Sales volume, 2025. Retrieved May 7, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
As we cautioned in our January edition, tariff uncertainties played a role in dampening automotive sales. U.S. new car sales in February declined 2.3% Year-Over-Year (YoY) to 1,221,863 units. Inventory levels continued to rise, increasing from 2.88 million new units in early January to 2.95 million in early February. Acura, Nissan, Hyundai, Genesis, INFINITI, Buick, RAM, Jeep, Dodge, Ford & Lincoln held substantial inventories, translating to 55–142 days of supply. While the overall market softened, a few brands performed well. Volvo led with a 34.4% YoY increase, followed by Volkswagen (9.3%), General Motors (9.1%) & Kia (7.2%). Looking ahead, resolving trade uncertainties remains a critical factor. The imposition of tariffs would likely intensify inflationary pressures, potentially influencing the Federal Reserve’s decision in its March meeting. A more cautious Fed could delay interest rate cuts, leading to continued higher borrowing costs for automotive consumers & further impacting demand.
Sources:
MarkLines, Co., Ltd. (2025, March 4). USA - Automotive Sales volume, 2025. Retrieved March 18, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2025, March 4). USA - Automotive Sales volume, 2025. Retrieved March 18, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
U.S. new car sales in January rose 3.8% Year-Over-Year (YoY) to 1,112,944 units, despite ongoing uncertainties surrounding U.S.-Canada-Mexico tariff disputes. These concerns were heightened as the U.S. administration proposed a series of new tariffs on Canadian & Mexican imports. The growth was driven in part by increased electric vehicle sales from Hyundai, Kia & Honda. Meanwhile, total new vehicle inventory climbed to approximately 2.88 million units, with INFINITI, Nissan, Buick, Lincoln, Dodge & Fiat carrying significant stock, equating to an estimated 62 to 122 days of inventory turnover.
Among standout performers, Volkswagen saw the highest YoY sales growth (28.3%), followed by General Motors (18.6%), Mercedes-Benz (16.1%), Nissan (14.9%), Hyundai (14.6%), Kia (11.6%) & Mazda (11.3%). Looking ahead, resolving trade uncertainties will be a key factor. If tariffs are implemented, they could exacerbate inflationary pressures, making the Federal Reserve more hesitant to lower interest rates. This, in turn, could lead to higher borrowing costs for automotive consumers, potentially dampening future sales growth.
Sources:
MarkLines, Co., Ltd. (2025, February 4). USA - Automotive Sales volume, 2025. Retrieved March 17, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Among standout performers, Volkswagen saw the highest YoY sales growth (28.3%), followed by General Motors (18.6%), Mercedes-Benz (16.1%), Nissan (14.9%), Hyundai (14.6%), Kia (11.6%) & Mazda (11.3%). Looking ahead, resolving trade uncertainties will be a key factor. If tariffs are implemented, they could exacerbate inflationary pressures, making the Federal Reserve more hesitant to lower interest rates. This, in turn, could lead to higher borrowing costs for automotive consumers, potentially dampening future sales growth.
Sources:
MarkLines, Co., Ltd. (2025, February 4). USA - Automotive Sales volume, 2025. Retrieved March 17, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
U.S. new car sales in 2024 ended on a high note, reaching a total of 15,954,053 units, a 2.1% Year-Over-Year (YOY) increase. December sales contributed to this growth with a 1.8% YOY rise, totaling 1,491,310 units. Mitsubishi led the market for the third consecutive month with an impressive 22.1% surge. Other strong performers included Kia (21.6%), GM (18.6%), Mercedes-Benz (13%) & Honda (9.9%). Looking ahead, 2025 is poised to be a much stronger year for the automotive industry, supported by a strong economy, a looming corporate tax reduction & declining interest rates.
Sources:
MarkLines, Co., Ltd. (2025, January 6). USA - Automotive Sales volume, 2024. Retrieved January 7, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2025, January 6). USA - Automotive Sales volume, 2024. Retrieved January 7, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
U.S. new car sales in November continued the upward momentum from October, climbing an impressive 9.8% year-over-year (YOY) to 1,363,968 units. This growth was driven by larger incentives, holiday promotions & price reductions designed to clear year-end inventory. Mitsubishi led the market for the second consecutive month with a remarkable 50.8% surge. Other top performers included Mercedes-Benz (24.2%), GM (21.5%), Mazda (20.5%), Kia (20.2%), Nissan (18.3%), VW (15.3%), Honda (14.5%), Ford (11.3%), BMW (11.2%) & Hyundai (10.4%). Looking ahead, December auto sales are expected to remain strong, supported by a robust economy & declining interest rates.
Sources:
MarkLines, Co., Ltd. (2024, December 4). USA - Automotive Sales volume, 2024. Retrieved January 6, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2024, December 4). USA - Automotive Sales volume, 2024. Retrieved January 6, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
U.S. new car sales in October showed impressive growth, rising 9.5% year-over-year (YOY) to 1,327,307 units, even amidst pre-election uncertainty. This growth was fueled in part by increased manufacturer incentives (e.g., Mazda) & slightly lower interest rates. Mazda experienced a remarkable 58.8% YOY surge, while Mitsubishi led the market with an extraordinary 69.9% increase. Other standout performers included GM (23.9%), Hyundai (18.2%), Kia (16.4%), Mercedes-Benz (15%), Nissan (13.1%) & Ford (12.3%). Looking ahead, the outlook for auto sales remains strong for the rest of 2024, supported by a robust economy & declining interest rates.
Sources:
MarkLines, Co., Ltd. (2024, November 5). USA - Automotive Sales volume, 2024. Retrieved January 6, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2024, November 5). USA - Automotive Sales volume, 2024. Retrieved January 6, 2025, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
In September, U.S. new car sales declined 12% year-over-year (YOY) to 1,176,847 units, though there were three fewer selling days compared to last September. Higher borrowing costs & disruptions from Hurricane Helene likely contributed to the drop. Despite the overall decline, Mitsubishi, Tesla & Mazda saw YOY increases of 24%, 9.1% & 6.5%, respectively. Hyundai reported higher hybrid sales, while Kia softened its decline from strong sales of its EV9 & plug-in hybrids. Another positive was an 11.7% YOY increase in GMC Sierra sales. Looking ahead to Q4 2024, the Federal Reserve's decisions on interest rates will be key to a potential recovery in automotive sales.
Sources:
MarkLines, Co., Ltd. (2024, October 2). USA - Automotive Sales volume, 2024. Retrieved October 22, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2024, October 2). USA - Automotive Sales volume, 2024. Retrieved October 22, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
In August, U.S. new car sales surged by 6% year-over-year (YOY), reaching 1,421,551 units, with Labor Day weekend providing a significant boost. Among the top performers was Honda, showing a remarkable 25% YOY growth, continuing its upward trajectory over the past 18 months. Other brands that saw strong growth include Mazda, which led the pack with a 36.7% YOY increase, followed by Volkswagen at 29.3%, Hyundai at 21.2%, Subaru at 11.8% & Ford at 10.1%. Subaru's success was largely driven by the Crosstrek, which enjoyed an impressive 47% jump in sales, making August its best month ever. As we move into the fall, many in the automotive industry are closely watching the Federal Reserve's upcoming decision on interest rates, which could significantly influence sales in the coming months.
Sources:
MarkLines, Co., Ltd. (2024, September 5). USA - Automotive Sales volume, 2024. Retrieved September 6, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Subaru of America, Inc. (2024, September 4). Subaru of America reports august sales up 11.8 percent; Crosstrek posts all-time monthly sales record. Retrieved September 6, 2024, from https://media.subaru.com/pressrelease/2203/1/subaru-america-reports-august-sales-up-11.8-percent
Sources:
MarkLines, Co., Ltd. (2024, September 5). USA - Automotive Sales volume, 2024. Retrieved September 6, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Subaru of America, Inc. (2024, September 4). Subaru of America reports august sales up 11.8 percent; Crosstrek posts all-time monthly sales record. Retrieved September 6, 2024, from https://media.subaru.com/pressrelease/2203/1/subaru-america-reports-august-sales-up-11.8-percent
U.S. new auto sales in July declined by 2.8% Year-Over-Year (YOY), totaling 1,277,232 units, as the market continued to feel the lingering effects of the CDK cyberattack disruptions. Despite the overall decline, several brands, including Mazda, Volkswagen, Honda & Nissan, posted significant YOY gains of 30.1%, 25.5%, 8.0% & 4.8%, respectively. Notably, while inventory build-up typically signals an impending decline in sales, this dynamic played out differently for Nissan & Stellantis. Stellantis saw a sharp YOY sales drop of 25.7%, as anticipated, but Nissan defied expectations with the aforementioned sales increase. Looking ahead, fall sales may be influenced by the Federal Reserve's decision on whether to cut the federal funds rate & by how much. Lower interest rates could make car purchases more affordable, potentially benefiting automakers.
Sources:
MarkLines, Co., Ltd. (2024, August 2). USA - Automotive Sales volume, 2024. Retrieved September 4, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2024, August 2). USA - Automotive Sales volume, 2024. Retrieved September 4, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
June U.S. new auto sales took a hit due to a combination of factors, including higher interest rates & a CDK cyberattack on June 19th, which disrupted sales operations for about 15,000 dealerships. Anderson Economic Group estimated that the cyberattack & resulting software outages caused dealers to lose 56,200 new-vehicle sales & $1.02 billion between June 19 & July 15. Consequently, 1,344,092 new units were sold in June, marking a 3% Year-Over-Year (YOY) decrease. There were a few bright spots, such as Volkswagen & Mazda, which reported YOY gains of 29.8% & 19.8%, respectively. Given the impact of the CDK incident, it is unclear how quickly the software outages will be resolved to help dealers recover some of the lost sales by the end of July.
Sources:
MarkLines, Co., Ltd. (2024, July 4). USA - Automotive Sales volume, 2024. Retrieved July 16, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Huetter, J. (2024, July 15). Dealerships lost $1.02B in business after CDK cyberattack, updated AEG study says Anderson Economic Group estimated dealerships lost 56,200 new-vehicle sales and $1.02 billion between June 19 and July 15 because of the CDK Global cyberattacks and subsequent software outages. Automotive News. Available at:
from https://www.autonews.com/dealers/dealers-lost-102b-cdk-cyberattack-revised-aeg-study-says (Accessed: 16 July 2024).
Sources:
MarkLines, Co., Ltd. (2024, July 4). USA - Automotive Sales volume, 2024. Retrieved July 16, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Huetter, J. (2024, July 15). Dealerships lost $1.02B in business after CDK cyberattack, updated AEG study says Anderson Economic Group estimated dealerships lost 56,200 new-vehicle sales and $1.02 billion between June 19 and July 15 because of the CDK Global cyberattacks and subsequent software outages. Automotive News. Available at:
from https://www.autonews.com/dealers/dealers-lost-102b-cdk-cyberattack-revised-aeg-study-says (Accessed: 16 July 2024).
May was a strong month for U.S. auto sales, which surged to 1,444,543 units, showing impressive Year-Over-Year (YOY) & month-on-month (MOM) increases of 5% & 8.8%, respectively. Among the high performers, we highlight Jaguar, Land Rover (JLR), Volkswagen (VW), Lucid, Toyota & Hyundai, which saw YOY gains of 76.46%, 35.3%, 19.4%, 14.2% & 11.6%. On a model level, many of April's best sellers continued to perform strongly in May, with the Honda Civic, Toyota RAV4, Chevrolet Equinox, Chevrolet Silverado & Honda CR-V posting gains of 48.9%, 24.7%, 21.8%, 15.2% & 11% compared to May 2023.
A notable development is Lucid's recent trademark filing with the United States Patent & Trademark Office (USPTO) to claim the name "Ocean." Previously, Ocean was the flagship model of Fisker. However, with Fisker filing for bankruptcy protection this month (June 2024), Lucid may now use Ocean as a model name. This bankruptcy highlights the ongoing shake-ups in the automotive industry, which may be further intensified by the potential entry of Chinese manufacturers like BYD. As we move forward, the dynamic shifts within the automotive market will be crucial to watch, with new players & strategic moves shaping the future landscape of the industry.
Sources:
MarkLines, Co., Ltd. (2024, June 4). USA - Automotive Sales volume, 2024. Retrieved June 20, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Doll, S. (2024, June 19). Lucid Ocean? With Fisker now bankrupt, another EV automaker is swooping in on the trademark. Electrek. Available at:
from https://electrek.co/2024/06/19/lucid-ocean-fisker-bankrupt-ev-automaker-trademark-filing/ (Accessed: 20 June 2024).
A notable development is Lucid's recent trademark filing with the United States Patent & Trademark Office (USPTO) to claim the name "Ocean." Previously, Ocean was the flagship model of Fisker. However, with Fisker filing for bankruptcy protection this month (June 2024), Lucid may now use Ocean as a model name. This bankruptcy highlights the ongoing shake-ups in the automotive industry, which may be further intensified by the potential entry of Chinese manufacturers like BYD. As we move forward, the dynamic shifts within the automotive market will be crucial to watch, with new players & strategic moves shaping the future landscape of the industry.
Sources:
MarkLines, Co., Ltd. (2024, June 4). USA - Automotive Sales volume, 2024. Retrieved June 20, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Doll, S. (2024, June 19). Lucid Ocean? With Fisker now bankrupt, another EV automaker is swooping in on the trademark. Electrek. Available at:
from https://electrek.co/2024/06/19/lucid-ocean-fisker-bankrupt-ev-automaker-trademark-filing/ (Accessed: 20 June 2024).
April marked a disappointing month for automotive sales in the U.S., with a 2.4% Year-Over-Year decrease & an 8.1% month-on-month decline, totaling 1,327,976 units. This slump can be partly attributed to waning consumer sentiment regarding job security, future income & business confidence, as reflected in the 5.92% retreat of the Consumer Confidence Index tracked by the Conference Board. Despite the overall decline, some automakers like Jaguar, Land Rover (JLR), Volkswagen (VW), Toyota & Volvo saw monthly gains of 55.7%, 27.2%, 13.7% & 10.3%. Additionally, standout models such as the Honda Civic, Toyota RAV4, Toyota Corolla & Chevrolet Silverado recorded notable increases of 35.1%, 32.2%, 27.0% & 8.1% compared to April 2023. Interest rates are critical to automotive sales; hence, a few words might be warranted on that topic. Economic variables like the Producer Price Index & consumer inflation expectations (that's hovering around 3%) may continue to fuel market uncertainty as a result of potential rate hikes by the Fed. Higher rates could pose challenges for automotive sales in the near future, so there will be a lot to digest in coming months!.
Sources:
MarkLines, Co., Ltd. (2024, May 2). USA - Automotive Sales volume, 2024. Retrieved May 11, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
The Conference Board (2024, April 30). US Consumer Confidence Retreats in April. Retrieved May 11, 2024, from https://www.conference-board.org/topics/consumer-confidence
Board of Governors of the Federal Reserve System (2024, March 01). Monetary Policy Report – March 2024. Retrieved May 11, 2024, from https://www.federalreserve.gov/monetarypolicy/2024-03-mpr-summary.htm
Sources:
MarkLines, Co., Ltd. (2024, May 2). USA - Automotive Sales volume, 2024. Retrieved May 11, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
The Conference Board (2024, April 30). US Consumer Confidence Retreats in April. Retrieved May 11, 2024, from https://www.conference-board.org/topics/consumer-confidence
Board of Governors of the Federal Reserve System (2024, March 01). Monetary Policy Report – March 2024. Retrieved May 11, 2024, from https://www.federalreserve.gov/monetarypolicy/2024-03-mpr-summary.htm
In March, U.S. sales surged to 1,455,030 units, showing impressive Year-Over-Year (YOY) & month-on-month (MOM) increases of 5.1% & 15.5% respectively. Noteworthy brands such as Rivian, Mitsubishi, Volvo, Volkswagen (VW), Jaguar, Land Rover (JLR), Toyota & Subaru saw remarkable YOY gains of 74.3%, 52.8%, 49.7%, 36.9%, 35.1%, 22.5% & 15.2%. Among the standout models were Toyota RAV4, Honda Civic, GMC Sierra, Toyota Camry & Honda CR-V, which recorded gains of 51.2%, 44.9%, 21.7%, 21.3% & 17.9% compared to March 2023. Looking forward, while steady sales are anticipated, caution is warranted following the stronger-than-expected inflation rate relayed in the March CPI report. Attention is now on the Federal Reserve & its decision on rates, which could potentially dampen automotive sales momentum.
Sources:
MarkLines, Co., Ltd. (2024, April 3). USA - Automotive Sales volume, 2024. Retrieved April 16, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2024, April 3). USA - Automotive Sales volume, 2024. Retrieved April 16, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
February delivered robust performance, with significant growth across key metrics. Sales of new cars surged by an impressive 9.73% year-over-year (YOY), reaching 1,161,393 units. This strong performance was driven in part by robust growth in the U.S. market. Real GDP in the last quarter of '23 (3.3%, which is an advance estimate released by the Bureau of Economic Analysis). Notably, Rivian, Jaguar, Land Rover (JLR), Lucid, Honda, Nissan, Mitsubishi, Volkswagen (VW) & Toyota showcased remarkable YOY gains of 93.8%, 64.2%, 32.5%, 32.3%, 26.6%, 25.9%, 17.7% & 16.9%. Furthermore, standout models like the Honda CR-V, Nissan Rogue, Toyota RAV4, Honda Civic & Tesla Model Y experienced substantial increases 98.6%, 44.9%, 44.0%, 36.6% & 17.2%, pointing towards continued positive trends. Looking ahead, we anticipate ongoing production increases across automakers, likely resulting in more discounts & negotiations for consumers in March & beyond.
Sources:
MarkLines, Co., Ltd. (2024, March 4). USA - Automotive Sales volume, 2024. Retrieved March 16, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Bureau of Economic Analysis (2024, January 25). Gross Domestic Product, Fourth Quarter and Year 2023 (Advance Estimate). Retrieved March 16, 2024, from https://www.bea.gov/news/2024/gross-domestic-product-fourth-quarter-and-year-2023-advance-estimate#:~:text=Real%20gross%20domestic%20product%20(GDP,the%20Bureau%20of%20Economic%20Analysis.
Sources:
MarkLines, Co., Ltd. (2024, March 4). USA - Automotive Sales volume, 2024. Retrieved March 16, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Bureau of Economic Analysis (2024, January 25). Gross Domestic Product, Fourth Quarter and Year 2023 (Advance Estimate). Retrieved March 16, 2024, from https://www.bea.gov/news/2024/gross-domestic-product-fourth-quarter-and-year-2023-advance-estimate#:~:text=Real%20gross%20domestic%20product%20(GDP,the%20Bureau%20of%20Economic%20Analysis.
In January, there was significant news to digest, including the release of a new reliability report by J.D. Power & updated sales figures for January 2024. Sales in the U.S. reached 1,082,620 units, marking a Year-Over-Year (YOY) increase of 2.2% with an extra selling day compared to 2023. Before delving into reliability metrics, it's important to recognize the top performers for the month.
Rivian, Mazda, Mitsubishi, Toyota, Polestar & Lucid all experienced notable YOY gains of 103.4%, 31.8%, 23.6%, 21.6%, 19.8% & 11.7% respectively. On a model-level, the Toyota RAV4, Toyota Camry, Honda CR-V, Honda Civic, Ford Explorer & Tesla Model Y showed significant increases of 46.4%, 32.3%, 31.6%, 23.6%, 20.6% & 19.7% respectively.
The robust sales of Toyota vehicles are closely correlated with their high reliability metrics. Lexus and Toyota secured the top two spots as the most reliable brands. Following them were Buick, Chevrolet, MINI, Porsche, Mazda, Kia, BMW, Dodge & Jeep, with BMW, Dodge & Jeep tied for the 9th spot.
Overall, J.D. Power identified 4 more problems per 100 vehicles compared to the previous year, with a significant portion of issues related to infotainment systems. However, this trend is expected to improve as technology components evolve & supply-chain constraints normalize, leading to enhanced quality.
In the car segment, the Toyota Camry, Honda Civic, Lexus ES, Toyota Corolla & Porsche 718 emerged as the most reliable vehicles in their respective classes. In the SUV segment, the Lexus NX (followed closely by the Cadillac XT4), Chevrolet Equinox, Chevrolet Tahoe, Toyota 4Runner, Chevrolet Traverse, Buick Encore, BMW X1, BMW X6 & Lexus RX were the top performers. Meanwhile, in the van and pickup segment, the Kia Sedona (with Toyota Sienna as a close runner-up), Ford Super Duty (with GMC Sierra HD closely trailing), Toyota Tundra (with GMC Sierra in close competition) & Toyota Tacoma were recognized as the most reliable options.
Sources:
MarkLines, Co., Ltd. (2024, February 2). USA - Automotive Sales volume, 2024. Retrieved February 13, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Bell, S. (2024, February 10). Toyota Tops Most Dependable Brands And Cars Survey, Chrysler Dead Last. Carscoops. Retrieved February 13, 2024, from https://www.carscoops.com/2024/02/toyota-and-lexus-lead-2024-vehicle-dependability-study-chrysler-comes-in-dead-last/
Rivian, Mazda, Mitsubishi, Toyota, Polestar & Lucid all experienced notable YOY gains of 103.4%, 31.8%, 23.6%, 21.6%, 19.8% & 11.7% respectively. On a model-level, the Toyota RAV4, Toyota Camry, Honda CR-V, Honda Civic, Ford Explorer & Tesla Model Y showed significant increases of 46.4%, 32.3%, 31.6%, 23.6%, 20.6% & 19.7% respectively.
The robust sales of Toyota vehicles are closely correlated with their high reliability metrics. Lexus and Toyota secured the top two spots as the most reliable brands. Following them were Buick, Chevrolet, MINI, Porsche, Mazda, Kia, BMW, Dodge & Jeep, with BMW, Dodge & Jeep tied for the 9th spot.
Overall, J.D. Power identified 4 more problems per 100 vehicles compared to the previous year, with a significant portion of issues related to infotainment systems. However, this trend is expected to improve as technology components evolve & supply-chain constraints normalize, leading to enhanced quality.
In the car segment, the Toyota Camry, Honda Civic, Lexus ES, Toyota Corolla & Porsche 718 emerged as the most reliable vehicles in their respective classes. In the SUV segment, the Lexus NX (followed closely by the Cadillac XT4), Chevrolet Equinox, Chevrolet Tahoe, Toyota 4Runner, Chevrolet Traverse, Buick Encore, BMW X1, BMW X6 & Lexus RX were the top performers. Meanwhile, in the van and pickup segment, the Kia Sedona (with Toyota Sienna as a close runner-up), Ford Super Duty (with GMC Sierra HD closely trailing), Toyota Tundra (with GMC Sierra in close competition) & Toyota Tacoma were recognized as the most reliable options.
Sources:
MarkLines, Co., Ltd. (2024, February 2). USA - Automotive Sales volume, 2024. Retrieved February 13, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Bell, S. (2024, February 10). Toyota Tops Most Dependable Brands And Cars Survey, Chrysler Dead Last. Carscoops. Retrieved February 13, 2024, from https://www.carscoops.com/2024/02/toyota-and-lexus-lead-2024-vehicle-dependability-study-chrysler-comes-in-dead-last/
Happy New Year & we're excited to sum up the results for new car sales in '23, as well as mention a few developing storylines that will spark the imagination! December was a positive month for both light trucks (SUVs & pickup trucks) & passenger cars, incrementing the overall new vehicle sales in the U.S. by 1,454,246 units, which is a Year-Over-Year (YOY) increase of 13%. This is a significant year-end result, pointing to the trajectory of recovery, or the start of the convergence to pre-pandemic new car sales levels, where on a seasonally adjusted annualized basis the month of December surpassed 16 million units. Tesla, Rivian, Polestar & Lucid posted 25.4%, 146.5%, 29.2% & 117.6% gains for all of '23. Many legacy automakers had a great run in '23 w/ Honda, Volvo, Mazda, Nissan, Volvo & JLR (Jaguar, Land Rover) posting 31.5%, 25.8%, 23.2%, 23.2% & 16.9%. Big news came out of China, as a number of startups like Xiaomi, as well as recently well-established automotive companies like BYD & Li Auto are intensifying their entries in different international markets by ramping up the production of EVs & hybrid vehicles. BYD, in particular, dethroned Tesla as the top EV producer in the 4th quarter of '23 & that's a notable result given how aggressive BYD is when it comes to finding ways of cutting production & operational costs in order to deliver low-priced vehicles to consumers. This increased level of competition from companies that are laser focused on cost-cutting techniques, like BYD, will certainly raise eyebrows in many executive suits, prompting their teams to go back to the drawing board! Going forward, we definitely expect more competition to spur more innovations to drive production of lower priced EVs to hit that sweet spot to attract conventional car shoppers who go beyond early adopters! Stay tuned for more news!
Sources:
MarkLines, Co., Ltd. (2024, January 4). USA - Automotive Sales volume, 2023. Retrieved January 7, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2024, January 4). USA - Automotive Sales volume, 2023. Retrieved January 7, 2024, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
November was again strong for light trucks (SUVs & pickup trucks) boosting the overall new vehicle sales in the U.S. to 1,242,376, which is a Year-Over-Year (YOY) increase of 8.8%. Tesla, Rivian, Polestar & Lucid posted 17.6%, 85.1%, 22.3% & 29.5% YOY gains respectively. Many legacy automakers had an October lackluster repeat, but VW, Honda, Volvo & Toyota were the shinning stars posting YOY increases in sales of 47.2%, 32.8%, 26.4% & 17.8%. As is mentioned above, light trucks continued its strong momentum from prior months. Honda CR-V sales continued to climb at a 59.7% rate, Tesla Model Y was up 55.9%, Toyota RAV4, Chevrolet Equinox, Hyundai Tucson & GMC Sierra were up 49.5%, 35.3%, 33.1% & 30.8% respectively. All eyes are now on the final month of the year & it's a race to see if the annual new vehicle sales in the US can finally surpass a 16-million level that hasn't been achieved since pre-pandemic years.
Sources:
MarkLines, Co., Ltd. (2023, December 5). USA - Automotive Sales volume, 2023. Retrieved December 9, 2023, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2023, December 5). USA - Automotive Sales volume, 2023. Retrieved December 9, 2023, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
October proved to be a disappointing month, where sales & production were partly affected by the United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) labor strikes against General Motors, Ford & Stellantis, as well as little to no help on interest rates with the Federal Reserve's decision to maintain its federal funds rate within a 5.25%-5.5% target range. Overall, 1,211,141 new vehicles were sold in the US in October, which represents a Year-Over-Year (YOY) increase of 2%, where the slight increase was buoyed by a 3% increase in sales of light trucks (SUVs & pickup trucks). Tesla, Rivian, Polestar & Lucid posted 17.3%, 74.4%, 22.5% & 123.5% YOY gains respectively. Legacy automakers didn't have a strong showing w/ the exception of Honda, Volvo, VW & Subaru posting YOY increases in sales of 32.6%, 19.2%, 16.8% & 10.7%. On a positive note, many SUVs maintained strong momentum from previous months. Honda CR-V sales continued to climb at a 55.7% rate, Tesla Model Y was up 55.5%, Toyota RAV4, Nissan Rogue & GMC Sierra were up 19.2%, 14.3% & 13.4% respectively. One notable exception on the passenger side, was Toyota Corolla, which had a strong month, posting an increase of 36.7% in its sales. Looking ahead, a strong finish in the last quarter of 2023 is anticipated due to the economy's resiliency to the aforementioned challenges & its continued growth at a very robust pace of 4.9% (as measured by the 3rd quarter increase in the real gross domestic product).
Sources:
MarkLines, Co., Ltd. (2023, November 2). USA - Automotive Sales volume, 2023. Retrieved November 10, 2023, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Bureau of Economic Analysis (2023, October 26). Gross Domestic Product, Third Quarter 2023 (Advance Estimate). Retrieved November 10, 2023, from https://www.bea.gov/news/2023/gross-domestic-product-third-quarter-2023-advance-estimate
Sources:
MarkLines, Co., Ltd. (2023, November 2). USA - Automotive Sales volume, 2023. Retrieved November 10, 2023, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Bureau of Economic Analysis (2023, October 26). Gross Domestic Product, Third Quarter 2023 (Advance Estimate). Retrieved November 10, 2023, from https://www.bea.gov/news/2023/gross-domestic-product-third-quarter-2023-advance-estimate
September sales didn't disappoint, as we've witnessed a continuum of growth from where we've left off in August! Overall, 1,337,707 new vehicles have been sold in September in the US, which represents a Year-Over-Year (YOY) increase of 19%, which, again to a large degree, can be attributed to a 19.7% YOY increase in light truck sales (SUVs & pickup trucks). Tesla, Rivian, Polestar & Lucid posted 15.4%, 125.7%, 24.8% & 151.4% YOY gains respectively. Legacy automakers, for the most part, had a strong month with Volvo, Honda, Nissan, VW, Mitsubishi, Subaru & General Motors posting YOY increases in sales of 55.8%, 45.5%, 36.8%, 25.5%, 23.8%, 23.4% & 21.9%! As mentioned above, SUV & pickup truck sales picked up its pace from a year ago, so it wasn't surprising to see a number of SUVs & pickup trucks performing well in the month of September. Honda CR-V sales continued its uptick with another impressive run of 55.7%, Tesla Model Y was up 53.1%, Chevrolet Silverado saw its sales going up by 30.2%, GMC Sierra posted an impressive increase of 29.8%, Ford F-Series went up by 26.6%, Nissan Rogue & Toyota RAV4 were up 26.1% & 19.8% respectively. Looking ahead, the focus of the conversation shifted to the United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) contract talks with Detroit's Big Three automakers, as it's still uncertain how these negotiations will be resolved. If no resolution is to be reached any time soon, UAW strikes can have serious repercussions on the production side of the aforementioned Big Three automakers; albeit, wage increase demands coupled with efforts to bring EV factories into the UAW fold will have cost ramifications for Big Three automakers, where some of these cost increases might be passed onto consumers in the form of price increases.
Sources:
MarkLines, Co., Ltd. (2023, October 4). USA - Automotive Sales volume, 2023. Retrieved October 10, 2023, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
MarkLines, Co., Ltd. (2023, October 4). USA - Automotive Sales volume, 2023. Retrieved October 10, 2023, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
It's time to wrap up the movers & shakers at the end of the summer with August sales finishing up on the uptick. Overall, 1,341,169 new vehicles have been sold in August in the US, which represents a Year-Over-Year (YOY) increase of 16.2%, which, to a large degree, can be attributed to a 17.2% YOY increase in light truck sales (SUVs & pickup trucks). Sales are expected to increase in the remainder of the year, with automakers continually being pressured by free market competitive forces to solving supply-chain constraints, as well as finding incentive solutions to financing challenges given the Fed's hawkish stance on the monetary policy. EV automakers featured a newcomer, VinFast, a Singapore-based automotive company entering the US market by selling 394 units in August. Tesla, Rivian, Polestar & Lucid posted 33.7%, 108%, 26.4% & 163.4% YOY gains respectively, where Tesla competitors' strong growth combined with the debut of VinFast caused Tesla to slightly slip in its US market share to 4.4%. On the legacy automaker side, a number of original equipment manufacturers (OEMs) did really well with Honda, Nissan, JLR (Jaguar Land Rover), Volvo, Mitsubishi & General Motors posting YOY increases in sales of 56.7%, 45.2%, 39.1%, 30.8%, 30.7% & 22.2%! As mentioned above, SUV & pickup truck sales picked up its pace from a year ago, so it wasn't surprising to see a number of SUVs & pickup trucks performing well in the month of August. To name a few, Tesla Model Y was up 74.4% (which, in part, was a response to the decrease in its price in August), Honda CR-V was up 71.4%, GMC Sierra posted an impressive increase of 48.4%, Nissan Rogue increased by 47.3%, Chevrolet Silverado & Toyota RAV4 were up 22.8% & 20.3% respectively. One interesting dynamic of passenger cars was a massive increase of 53.1% for Toyota Corolla, which represented a further increase from its July growth mark of 33.5%. Interestingly enough, during the first quarter of '23 Tesla Model Y overtook over Toyota Corolla as the best-selling car in the world, so continued sale growth trajectories of both models, collectively, is a welcoming trend in the automotive industry with consumers being spoiled with a newly-born rivalry (relatively speaking). Looking ahead, the focus will be on the sales data coming from the Labor Day weekend & September in particular to signal as to how the automotive sales dynamic may play out in the final quarter of '23.
Source:
MarkLines, Co., Ltd. (2023, August 2). USA - Automotive Sales volume, 2023. Retrieved August 2, 2023, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Source:
MarkLines, Co., Ltd. (2023, August 2). USA - Automotive Sales volume, 2023. Retrieved August 2, 2023, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
What a month it has been featuring a lot of moves in the automotive sector, so let's recap. Overall, 1,322,447 new vehicles have been sold in the US in July, which represents a Year-Over-Year (YOY) increase of 15.4%. EV automakers Tesla, Lucid & Rivian posted 39.7%, 126.3% & 106.3% YOY gains respectively, propelling Tesla to capture a US market share of 4.5%. We believe this trend will continue given Tesla's drive to increase its production capacity in '24 by adding gigawatt hours of battery production across their plants. Many legacy automakers were equally impressive with Volvo, Honda, JLR (Jaguar Land Rover), Mitsubishi, Nissan, Mazda, Subaru & General Motors leading the way with YOY increases in sales of 113.2%, 56.9%, 55%, 43.9%, 40.5%, 30.9%, 21.3% & 19.6%! Many legacy automakers are working hard to increase their EV production in '24 & '25, with General Motors, as one notable example, expecting to surpass a 1-million mark at some point in '25. A few words on the best-selling models might be in order. Nissan Rogue, Tesla Model Y, GMC Sierra & Honda CR-V are up 82.9%, 82.2%, 62.6% & 51.8% YOY! One factor that may contribute to the aforementioned trend is the national average gas price that came down significantly from its heights just a year ago, playing a complementary effect for Nissan Rogue, GMC Sierra & Honda CR-V SUV & pick-up truck sales. There were also reports that Tesla cut down prices (per kWh) in various regions throughout July, 2022-July, 2023, so that dynamic can be interpreted as an attempt to remain competitive in the cost of vehicle operation & may have helped with Model Y sales.
Source:
MarkLines, Co., Ltd. (2023, August 2). USA - Automotive Sales volume, 2023. Retrieved August 2, 2023, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Source:
MarkLines, Co., Ltd. (2023, August 2). USA - Automotive Sales volume, 2023. Retrieved August 2, 2023, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
June has been impressive with new vehicle sales reaching 1,385,862 units, which is a whooping Year-Over-Year (YOY) increase of 20.8%. So there's a lot to unpack here! EV automakers Tesla, Lucid & Rivian posted 39.5%, 205.5% & 189% YOY gains respectively, propelling Tesla to capture a US market share of 4.3%. As for legacy automakers, brace yourself to see big numbers across many of those auto manufacturers! Mazda saw its YOY sales soaring 96.9%; while, JLR (Jaguar Land Rover), Honda, Volvo, Nissan, Subaru & General Motors were equally impressive with YOY increases in sales of 63.3%, 56.9%, 53.3%, 47.3%, 27.8% & 17.6%! As is evident from these trends, EVs are on the rise, so let's take a look at the vehicle market share by powertrain. Internal combustion Engine (ICE) cars compromise 84.6% of the market; whereas, EVs, Hybrid & Plug-in Hybrid cars captured 6.9%, 6.9% & 1.6% respectively. These trends have been consistent with Tesla capturing more market share from just a few years ago. There are more peculiar trends on the best-selling model level. Nissan Rogue, Tesla Model Y, Jeep Grand Cherokee, Honda CR-V & GMC Sierra are up 124.8%, 81.9%, 52.8%, 36.3% & 28.3% YOY! These increasing numbers partially come as a result of pent-up demand & YOY increased incentives offered by manufacturers & despite the Fed's tightening monetary policy. Looking ahead, incentives will be a category worth keeping close tabs on, especially as inventory volumes keep recovering from pandemic levels.
Sources:
Wards Intelligence
Patrick Manzi (2023), June 2023 Market Upbeat. National Automobile Dealers Association
MarkLines, Co., Ltd. (2023, July 6). USA - Automotive Sales volume, 2023. Retrieved August 2, 2023, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Sources:
Wards Intelligence
Patrick Manzi (2023), June 2023 Market Upbeat. National Automobile Dealers Association
MarkLines, Co., Ltd. (2023, July 6). USA - Automotive Sales volume, 2023. Retrieved August 2, 2023, from https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
Annual New Vehicle Sales Summaries
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2025 Annual Summary
New Vehicle Sales16,675,488
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2025 | 1,141,587 | 3.14% |
| Feb 2025 | 1,246,616 | -1.46% |
| Mar 2025 | 1,631,637 | 10.92% |
| Apr 2025 | 1,500,439 | 10.39% |
| May 2025 | 1,498,362 | 1.75% |
| Jun 2025 | 1,310,649 | -2.80% |
| Jul 2025 | 1,425,720 | 7.28% |
| Aug 2025 | 1,500,357 | 2.96% |
| Sep 2025 | 1,299,164 | 7.06% |
| Oct 2025 | 1,316,870 | -3.74% |
| Nov 2025 | 1,305,179 | -7.03% |
| Dec 2025 | 1,498,908 | -2.60% |
Note: Sales figures may differ from those reported in the June–December 2025 Automotive Trends & Highlights segments due to differences in estimation methods used by FRED & MarkLines. Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2024 Annual Summary
New Vehicle Sales16,333,472
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2024 | 1,106,813 | 2.16% |
| Feb 2024 | 1,265,044 | 7.61% |
| Mar 2024 | 1,471,038 | 3.62% |
| Apr 2024 | 1,359,238 | -2.89% |
| May 2024 | 1,472,636 | 4.47% |
| Jun 2024 | 1,348,410 | -4.71% |
| Jul 2024 | 1,328,935 | -0.82% |
| Aug 2024 | 1,457,159 | 6.75% |
| Sep 2024 | 1,213,436 | -12.28% |
| Oct 2024 | 1,368,031 | 10.37% |
| Nov 2024 | 1,403,806 | 10.23% |
| Dec 2024 | 1,538,926 | 2.25% |
Note: Sales figures may differ from those reported in the June–December 2024 Automotive Trends & Highlights segments due to differences in estimation methods used by FRED & MarkLines. Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2023 Annual Summary
New Vehicle Sales16,009,268
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2023 | 1,083,376 | 5.97% |
| Feb 2023 | 1,175,628 | 9.08% |
| Mar 2023 | 1,419,662 | 9.27% |
| Apr 2023 | 1,399,712 | 10.05% |
| May 2023 | 1,409,601 | 23.04% |
| Jun 2023 | 1,415,002 | 19.47% |
| Jul 2023 | 1,339,904 | 15.04% |
| Aug 2023 | 1,364,968 | 15.87% |
| Sep 2023 | 1,383,381 | 18.64% |
| Oct 2023 | 1,239,497 | 1.21% |
| Nov 2023 | 1,273,488 | 8.24% |
| Dec 2023 | 1,505,049 | 14.11% |
Note: Sales figures may differ from those reported in the June–December 2023 Automotive Trends & Highlights segments due to differences in estimation methods used by FRED & MarkLines. Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2022 Annual Summary
New Vehicle Sales14,230,324
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2022 | 1,022,334 | -10.46% |
| Feb 2022 | 1,077,808 | -12.14% |
| Mar 2022 | 1,299,226 | -20.91% |
| Apr 2022 | 1,271,888 | -18.32% |
| May 2022 | 1,145,623 | -28.78% |
| Jun 2022 | 1,184,437 | -11.81% |
| Jul 2022 | 1,164,691 | -11.54% |
| Aug 2022 | 1,178,066 | 4.35% |
| Sep 2022 | 1,166,015 | 10.74% |
| Oct 2022 | 1,224,679 | 12.42% |
| Nov 2022 | 1,176,556 | 12.10% |
| Dec 2022 | 1,319,001 | 5.44% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2021 Annual Summary
New Vehicle Sales15,408,515
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2021 | 1,141,709 | -2.29% |
| Feb 2021 | 1,226,714 | -11.35% |
| Mar 2021 | 1,642,749 | 60.53% |
| Apr 2021 | 1,557,152 | 109.50% |
| May 2021 | 1,608,628 | 40.77% |
| Jun 2021 | 1,342,999 | 18.70% |
| Jul 2021 | 1,316,697 | 3.80% |
| Aug 2021 | 1,128,965 | -16.64% |
| Sep 2021 | 1,052,965 | -23.68% |
| Oct 2021 | 1,089,348 | -22.15% |
| Nov 2021 | 1,049,604 | -15.03% |
| Dec 2021 | 1,250,985 | -24.25% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2020 Annual Summary
New Vehicle Sales14,881,356
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2020 | 1,168,457 | -0.30% |
| Feb 2020 | 1,383,714 | 7.35% |
| Mar 2020 | 1,023,317 | -37.73% |
| Apr 2020 | 743,276 | -45.88% |
| May 2020 | 1,142,705 | -29.84% |
| Jun 2020 | 1,131,390 | -27.26% |
| Jul 2020 | 1,268,455 | -12.18% |
| Aug 2020 | 1,354,397 | -19.67% |
| Sep 2020 | 1,379,676 | 4.82% |
| Oct 2020 | 1,399,305 | 1.32% |
| Nov 2020 | 1,235,258 | -14.18% |
| Dec 2020 | 1,651,406 | 5.91% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2019 Annual Summary
New Vehicle Sales17,488,154
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2019 | 1,172,004 | -0.90% |
| Feb 2019 | 1,288,921 | -3.02% |
| Mar 2019 | 1,643,423 | -2.67% |
| Apr 2019 | 1,373,379 | -1.35% |
| May 2019 | 1,628,757 | 0.08% |
| Jun 2019 | 1,555,493 | -2.03% |
| Jul 2019 | 1,444,447 | 2.88% |
| Aug 2019 | 1,685,949 | 10.31% |
| Sep 2019 | 1,316,202 | -10.82% |
| Oct 2019 | 1,381,028 | -1.84% |
| Nov 2019 | 1,439,322 | 1.14% |
| Dec 2019 | 1,559,229 | -6.47% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2018 Annual Summary
New Vehicle Sales17,712,804
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2018 | 1,182,612 | 1.49% |
| Feb 2018 | 1,329,071 | -1.78% |
| Mar 2018 | 1,688,494 | 6.60% |
| Apr 2018 | 1,392,164 | -4.05% |
| May 2018 | 1,627,509 | 5.33% |
| Jun 2018 | 1,587,643 | 5.58% |
| Jul 2018 | 1,404,041 | -2.64% |
| Aug 2018 | 1,528,370 | 1.00% |
| Sep 2018 | 1,475,854 | -5.04% |
| Oct 2018 | 1,406,915 | 1.45% |
| Nov 2018 | 1,423,054 | -0.18% |
| Dec 2018 | 1,667,077 | 1.59% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2017 Annual Summary
New Vehicle Sales17,565,127
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2017 | 1,165,212 | -2.03% |
| Feb 2017 | 1,353,163 | -1.59% |
| Mar 2017 | 1,583,986 | -1.92% |
| Apr 2017 | 1,450,982 | -4.86% |
| May 2017 | 1,545,127 | -0.55% |
| Jun 2017 | 1,503,708 | -2.97% |
| Jul 2017 | 1,442,074 | -6.82% |
| Aug 2017 | 1,513,174 | -1.79% |
| Sep 2017 | 1,554,253 | 6.22% |
| Oct 2017 | 1,386,790 | -0.83% |
| Nov 2017 | 1,425,669 | 1.78% |
| Dec 2017 | 1,640,989 | -4.57% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2016 Annual Summary
New Vehicle Sales17,878,307
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2016 | 1,189,300 | 0.92% |
| Feb 2016 | 1,375,000 | 6.94% |
| Mar 2016 | 1,615,066 | 2.19% |
| Apr 2016 | 1,525,166 | 3.02% |
| May 2016 | 1,553,604 | -6.95% |
| Jun 2016 | 1,549,801 | 1.98% |
| Jul 2016 | 1,547,629 | -0.01% |
| Aug 2016 | 1,540,748 | -3.66% |
| Sep 2016 | 1,463,250 | -0.86% |
| Oct 2016 | 1,398,361 | -6.00% |
| Nov 2016 | 1,400,755 | 3.01% |
| Dec 2016 | 1,719,627 | 2.82% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2015 Annual Summary
New Vehicle Sales17,857,324
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2015 | 1,178,448 | 12.98% |
| Feb 2015 | 1,285,772 | 5.27% |
| Mar 2015 | 1,580,393 | 1.13% |
| Apr 2015 | 1,480,427 | 5.13% |
| May 2015 | 1,669,661 | 1.54% |
| Jun 2015 | 1,519,734 | 4.68% |
| Jul 2015 | 1,547,741 | 5.01% |
| Aug 2015 | 1,599,332 | -0.50% |
| Sep 2015 | 1,476,009 | 16.04% |
| Oct 2015 | 1,487,551 | 13.35% |
| Nov 2015 | 1,359,864 | 2.70% |
| Dec 2015 | 1,672,392 | 8.70% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2014 Annual Summary
New Vehicle Sales16,859,843
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2014 | 1,043,019 | -2.14% |
| Feb 2014 | 1,221,370 | 0.29% |
| Mar 2014 | 1,562,748 | 5.63% |
| Apr 2014 | 1,408,232 | 7.19% |
| May 2014 | 1,644,367 | 11.61% |
| Jun 2014 | 1,451,814 | 1.82% |
| Jul 2014 | 1,473,962 | 10.34% |
| Aug 2014 | 1,607,315 | 5.23% |
| Sep 2014 | 1,272,036 | 10.34% |
| Oct 2014 | 1,312,329 | 6.22% |
| Nov 2014 | 1,324,117 | 4.14% |
| Dec 2014 | 1,538,534 | 11.19% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2013 Annual Summary
New Vehicle Sales15,882,712
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2013 | 1,065,798 | 13.60% |
| Feb 2013 | 1,217,858 | 3.58% |
| Mar 2013 | 1,479,427 | 3.17% |
| Apr 2013 | 1,313,768 | 9.07% |
| May 2013 | 1,473,275 | 7.58% |
| Jun 2013 | 1,425,802 | 8.83% |
| Jul 2013 | 1,335,833 | 14.00% |
| Aug 2013 | 1,527,483 | 17.02% |
| Sep 2013 | 1,152,814 | -4.42% |
| Oct 2013 | 1,235,532 | 10.40% |
| Nov 2013 | 1,271,446 | 8.69% |
| Dec 2013 | 1,383,676 | 0.62% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2012 Annual Summary
New Vehicle Sales14,779,484
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2012 | 938,170 | 12.17% |
| Feb 2012 | 1,175,820 | 16.76% |
| Mar 2012 | 1,434,004 | 12.31% |
| Apr 2012 | 1,204,471 | 2.64% |
| May 2012 | 1,369,493 | 26.66% |
| Jun 2012 | 1,310,158 | 22.30% |
| Jul 2012 | 1,171,809 | 7.90% |
| Aug 2012 | 1,305,342 | 19.27% |
| Sep 2012 | 1,206,182 | 12.09% |
| Oct 2012 | 1,119,148 | 6.76% |
| Nov 2012 | 1,169,803 | 13.71% |
| Dec 2012 | 1,375,084 | 8.41% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2011 Annual Summary
New Vehicle Sales13,048,386
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2011 | 836,366 | 17.39% |
| Feb 2011 | 1,007,082 | 26.94% |
| Mar 2011 | 1,276,843 | 17.80% |
| Apr 2011 | 1,173,520 | 17.67% |
| May 2011 | 1,081,272 | -3.25% |
| Jun 2011 | 1,071,229 | 7.07% |
| Jul 2011 | 1,086,064 | 1.91% |
| Aug 2011 | 1,094,479 | 8.20% |
| Sep 2011 | 1,076,037 | 10.48% |
| Oct 2011 | 1,048,258 | 8.61% |
| Nov 2011 | 1,028,774 | 15.84% |
| Dec 2011 | 1,268,462 | 9.08% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2010 Annual Summary
New Vehicle Sales11,772,526
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2010 | 712,469 | 6.26% |
| Feb 2010 | 793,362 | 13.07% |
| Mar 2010 | 1,083,953 | 24.19% |
| Apr 2010 | 997,334 | 19.79% |
| May 2010 | 1,117,570 | 19.09% |
| Jun 2010 | 1,000,455 | 14.35% |
| Jul 2010 | 1,065,748 | 5.34% |
| Aug 2010 | 1,011,564 | -20.64% |
| Sep 2010 | 973,954 | 28.21% |
| Oct 2010 | 965,135 | 13.02% |
| Nov 2010 | 888,085 | 16.57% |
| Dec 2010 | 1,162,897 | 10.83% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2009 Annual Summary
New Vehicle Sales10,601,978
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2009 | 670,466 | -36.95% |
| Feb 2009 | 701,635 | -41.36% |
| Mar 2009 | 872,848 | -36.69% |
| Apr 2009 | 832,588 | -34.60% |
| May 2009 | 938,410 | -33.94% |
| Jun 2009 | 874,874 | -27.85% |
| Jul 2009 | 1,011,769 | -12.48% |
| Aug 2009 | 1,274,678 | 0.44% |
| Sep 2009 | 759,633 | -22.85% |
| Oct 2009 | 853,942 | -0.59% |
| Nov 2009 | 761,865 | -0.27% |
| Dec 2009 | 1,049,270 | 14.53% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2008 Annual Summary
New Vehicle Sales13,493,258
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2008 | 1,063,408 | -5.41% |
| Feb 2008 | 1,196,431 | -6.90% |
| Mar 2008 | 1,378,605 | -12.46% |
| Apr 2008 | 1,272,999 | -6.81% |
| May 2008 | 1,420,485 | -10.68% |
| Jun 2008 | 1,212,540 | -18.14% |
| Jul 2008 | 1,156,003 | -13.15% |
| Aug 2008 | 1,269,113 | -15.41% |
| Sep 2008 | 984,592 | -26.29% |
| Oct 2008 | 859,026 | -31.64% |
| Nov 2008 | 763,936 | -36.37% |
| Dec 2008 | 916,120 | -35.22% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2007 Annual Summary
New Vehicle Sales16,460,081
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2007 | 1,124,216 | -4.42% |
| Feb 2007 | 1,285,136 | -1.00% |
| Mar 2007 | 1,574,877 | -0.11% |
| Apr 2007 | 1,365,965 | -8.31% |
| May 2007 | 1,590,262 | 3.69% |
| Jun 2007 | 1,481,210 | -4.15% |
| Jul 2007 | 1,331,024 | -13.07% |
| Aug 2007 | 1,500,386 | -1.94% |
| Sep 2007 | 1,335,814 | -4.19% |
| Oct 2007 | 1,256,533 | -0.32% |
| Nov 2007 | 1,200,511 | -2.92% |
| Dec 2007 | 1,414,147 | -4.22% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2006 Annual Summary
New Vehicle Sales17,048,689
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2006 | 1,176,162 | 7.33% |
| Feb 2006 | 1,298,130 | 0.94% |
| Mar 2006 | 1,576,647 | -2.43% |
| Apr 2006 | 1,489,804 | -3.39% |
| May 2006 | 1,533,712 | -0.23% |
| Jun 2006 | 1,545,268 | -10.16% |
| Jul 2006 | 1,531,114 | -17.04% |
| Aug 2006 | 1,530,014 | 0.38% |
| Sep 2006 | 1,394,215 | 2.00% |
| Oct 2006 | 1,260,626 | 6.46% |
| Nov 2006 | 1,236,584 | 2.98% |
| Dec 2006 | 1,476,413 | -3.23% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2005 Annual Summary
New Vehicle Sales17,444,746
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2005 | 1,095,851 | -4.68% |
| Feb 2005 | 1,286,074 | -1.35% |
| Mar 2005 | 1,615,983 | 4.91% |
| Apr 2005 | 1,542,051 | 5.94% |
| May 2005 | 1,537,321 | -7.44% |
| Jun 2005 | 1,720,006 | 16.16% |
| Jul 2005 | 1,845,713 | 16.14% |
| Aug 2005 | 1,524,158 | 4.15% |
| Sep 2005 | 1,366,930 | -7.02% |
| Oct 2005 | 1,184,160 | -13.57% |
| Nov 2005 | 1,200,786 | -2.47% |
| Dec 2005 | 1,525,713 | -3.66% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2004 Annual Summary
New Vehicle Sales17,298,518
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2004 | 1,149,668 | 3.73% |
| Feb 2004 | 1,303,718 | 5.34% |
| Mar 2004 | 1,540,321 | 4.44% |
| Apr 2004 | 1,455,643 | 1.32% |
| May 2004 | 1,660,854 | 3.73% |
| Jun 2004 | 1,480,758 | -1.44% |
| Jul 2004 | 1,589,173 | 3.27% |
| Aug 2004 | 1,463,409 | -11.64% |
| Sep 2004 | 1,470,081 | 10.57% |
| Oct 2004 | 1,370,093 | 2.74% |
| Nov 2004 | 1,231,197 | -4.21% |
| Dec 2004 | 1,583,603 | 8.22% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2003 Annual Summary
New Vehicle Sales16,967,491
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2003 | 1,108,279 | -1.92% |
| Feb 2003 | 1,237,619 | -6.86% |
| Mar 2003 | 1,474,819 | -4.31% |
| Apr 2003 | 1,436,733 | -2.38% |
| May 2003 | 1,601,145 | 4.07% |
| Jun 2003 | 1,502,328 | -3.94% |
| Jul 2003 | 1,538,781 | -0.85% |
| Aug 2003 | 1,656,167 | -4.54% |
| Sep 2003 | 1,329,499 | 6.28% |
| Oct 2003 | 1,333,497 | 0.18% |
| Nov 2003 | 1,285,360 | 4.71% |
| Dec 2003 | 1,463,264 | -0.30% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2002 Annual Summary
New Vehicle Sales17,138,497
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2002 | 1,129,999 | -5.54% |
| Feb 2002 | 1,328,755 | -3.82% |
| Mar 2002 | 1,541,215 | -5.32% |
| Apr 2002 | 1,471,801 | 6.88% |
| May 2002 | 1,538,496 | -5.91% |
| Jun 2002 | 1,563,938 | -5.34% |
| Jul 2002 | 1,551,996 | 12.91% |
| Aug 2002 | 1,734,956 | 17.37% |
| Sep 2002 | 1,250,986 | -4.69% |
| Oct 2002 | 1,331,090 | -24.08% |
| Nov 2002 | 1,227,557 | -8.93% |
| Dec 2002 | 1,467,708 | 9.85% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2001 Annual Summary
New Vehicle Sales17,472,500
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2001 | 1,196,300 | -3.47% |
| Feb 2001 | 1,381,500 | -10.25% |
| Mar 2001 | 1,627,800 | -4.97% |
| Apr 2001 | 1,377,000 | -10.52% |
| May 2001 | 1,635,200 | -1.78% |
| Jun 2001 | 1,652,200 | -0.63% |
| Jul 2001 | 1,374,600 | -6.40% |
| Aug 2001 | 1,478,200 | -6.37% |
| Sep 2001 | 1,312,500 | -12.87% |
| Oct 2001 | 1,753,200 | 28.19% |
| Nov 2001 | 1,347,900 | 6.90% |
| Dec 2001 | 1,336,100 | 5.11% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
2000 Annual Summary
New Vehicle Sales17,811,600
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 2000 | 1,239,300 | 10.29% |
| Feb 2000 | 1,539,300 | 16.11% |
| Mar 2000 | 1,713,000 | 8.40% |
| Apr 2000 | 1,538,900 | 6.01% |
| May 2000 | 1,664,900 | 1.98% |
| Jun 2000 | 1,662,700 | 0.68% |
| Jul 2000 | 1,468,600 | -3.95% |
| Aug 2000 | 1,578,800 | 3.62% |
| Sep 2000 | 1,506,300 | 4.42% |
| Oct 2000 | 1,367,700 | -2.08% |
| Nov 2000 | 1,260,900 | -4.27% |
| Dec 2000 | 1,271,200 | -11.76% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1999 Annual Summary
New Vehicle Sales17,415,000
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1999 | 1,123,700 | 7.62% |
| Feb 1999 | 1,325,700 | 13.02% |
| Mar 1999 | 1,580,200 | 12.43% |
| Apr 1999 | 1,451,700 | 4.37% |
| May 1999 | 1,632,600 | 5.75% |
| Jun 1999 | 1,651,400 | 2.79% |
| Jul 1999 | 1,529,000 | 20.88% |
| Aug 1999 | 1,523,600 | 20.43% |
| Sep 1999 | 1,442,500 | 9.75% |
| Oct 1999 | 1,396,800 | -0.76% |
| Nov 1999 | 1,317,200 | 11.97% |
| Dec 1999 | 1,440,600 | 4.77% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1998 Annual Summary
New Vehicle Sales15,967,300
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1998 | 1,044,100 | -6.33% |
| Feb 1998 | 1,173,000 | -0.37% |
| Mar 1998 | 1,405,500 | -1.43% |
| Apr 1998 | 1,390,900 | 6.15% |
| May 1998 | 1,543,900 | 7.53% |
| Jun 1998 | 1,606,600 | 18.57% |
| Jul 1998 | 1,264,900 | -8.11% |
| Aug 1998 | 1,265,100 | -6.16% |
| Sep 1998 | 1,314,400 | 6.13% |
| Oct 1998 | 1,407,500 | 9.79% |
| Nov 1998 | 1,176,400 | 2.64% |
| Dec 1998 | 1,375,000 | 6.78% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1997 Annual Summary
New Vehicle Sales15,498,100
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1997 | 1,114,600 | 6.09% |
| Feb 1997 | 1,177,400 | -4.89% |
| Mar 1997 | 1,425,900 | 1.53% |
| Apr 1997 | 1,310,300 | -3.60% |
| May 1997 | 1,435,800 | -5.72% |
| Jun 1997 | 1,355,000 | -3.50% |
| Jul 1997 | 1,376,600 | 4.50% |
| Aug 1997 | 1,348,200 | 1.11% |
| Sep 1997 | 1,238,500 | 0.58% |
| Oct 1997 | 1,282,000 | -1.13% |
| Nov 1997 | 1,146,100 | -0.03% |
| Dec 1997 | 1,287,700 | 11.80% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1996 Annual Summary
New Vehicle Sales15,456,200
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1996 | 1,050,600 | 1.85% |
| Feb 1996 | 1,237,900 | 9.67% |
| Mar 1996 | 1,404,400 | 0.08% |
| Apr 1996 | 1,359,300 | 11.78% |
| May 1996 | 1,522,900 | 6.68% |
| Jun 1996 | 1,404,200 | -4.94% |
| Jul 1996 | 1,317,300 | 4.94% |
| Aug 1996 | 1,333,400 | -2.33% |
| Sep 1996 | 1,231,400 | 1.40% |
| Oct 1996 | 1,296,600 | 5.76% |
| Nov 1996 | 1,146,400 | -1.94% |
| Dec 1996 | 1,151,800 | -4.22% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1995 Annual Summary
New Vehicle Sales15,116,800
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1995 | 1,031,500 | -1.34% |
| Feb 1995 | 1,128,700 | -3.60% |
| Mar 1995 | 1,403,300 | -4.68% |
| Apr 1995 | 1,216,000 | -9.11% |
| May 1995 | 1,427,500 | 3.28% |
| Jun 1995 | 1,477,200 | -0.16% |
| Jul 1995 | 1,255,300 | 2.94% |
| Aug 1995 | 1,365,200 | 2.70% |
| Sep 1995 | 1,214,400 | -3.01% |
| Oct 1995 | 1,226,000 | -5.09% |
| Nov 1995 | 1,169,100 | -2.40% |
| Dec 1995 | 1,202,600 | -1.34% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1994 Annual Summary
New Vehicle Sales15,397,700
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1994 | 1,045,500 | 14.22% |
| Feb 1994 | 1,170,900 | 19.96% |
| Mar 1994 | 1,472,200 | 19.80% |
| Apr 1994 | 1,337,900 | 5.06% |
| May 1994 | 1,382,100 | 2.97% |
| Jun 1994 | 1,479,600 | 6.98% |
| Jul 1994 | 1,219,500 | -3.74% |
| Aug 1994 | 1,329,300 | 14.71% |
| Sep 1994 | 1,252,100 | 7.51% |
| Oct 1994 | 1,291,800 | 9.24% |
| Nov 1994 | 1,197,900 | 5.00% |
| Dec 1994 | 1,218,900 | 5.74% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1993 Annual Summary
New Vehicle Sales14,185,500
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1993 | 915,300 | 5.47% |
| Feb 1993 | 976,100 | -1.25% |
| Mar 1993 | 1,228,900 | 8.91% |
| Apr 1993 | 1,273,500 | 11.23% |
| May 1993 | 1,342,200 | 14.75% |
| Jun 1993 | 1,383,100 | 6.64% |
| Jul 1993 | 1,266,900 | 9.39% |
| Aug 1993 | 1,158,800 | 8.79% |
| Sep 1993 | 1,164,600 | 6.32% |
| Oct 1993 | 1,182,500 | 4.44% |
| Nov 1993 | 1,140,900 | 15.41% |
| Dec 1993 | 1,152,700 | 7.66% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1992 Annual Summary
New Vehicle Sales13,106,600
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1992 | 867,800 | 3.40% |
| Feb 1992 | 988,500 | 6.58% |
| Mar 1992 | 1,128,400 | 2.29% |
| Apr 1992 | 1,144,900 | 8.05% |
| May 1992 | 1,169,700 | -0.37% |
| Jun 1992 | 1,297,000 | 10.35% |
| Jul 1992 | 1,158,200 | -2.28% |
| Aug 1992 | 1,065,200 | 0.21% |
| Sep 1992 | 1,095,400 | 3.13% |
| Oct 1992 | 1,132,200 | 8.08% |
| Nov 1992 | 988,600 | 6.06% |
| Dec 1992 | 1,070,700 | 11.36% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1991 Annual Summary
New Vehicle Sales12,530,400
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1991 | 839,300 | -27.73% |
| Feb 1991 | 927,500 | -13.59% |
| Mar 1991 | 1,103,100 | -14.83% |
| Apr 1991 | 1,059,600 | -13.59% |
| May 1991 | 1,174,000 | -11.87% |
| Jun 1991 | 1,175,300 | -10.01% |
| Jul 1991 | 1,185,200 | -4.76% |
| Aug 1991 | 1,063,000 | -11.19% |
| Sep 1991 | 1,062,200 | -7.22% |
| Oct 1991 | 1,047,600 | -10.38% |
| Nov 1991 | 932,100 | -6.84% |
| Dec 1991 | 961,500 | -2.60% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1990 Annual Summary
New Vehicle Sales14,137,200
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1990 | 1,161,300 | 7.11% |
| Feb 1990 | 1,073,400 | -4.78% |
| Mar 1990 | 1,295,200 | -3.17% |
| Apr 1990 | 1,226,300 | -9.48% |
| May 1990 | 1,332,100 | -7.39% |
| Jun 1990 | 1,306,100 | -1.74% |
| Jul 1990 | 1,244,400 | -2.71% |
| Aug 1990 | 1,196,900 | -16.99% |
| Sep 1990 | 1,144,800 | -9.42% |
| Oct 1990 | 1,169,000 | 4.66% |
| Nov 1990 | 1,000,500 | -4.50% |
| Dec 1990 | 987,200 | -2.44% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1989 Annual Summary
New Vehicle Sales14,832,700
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1989 | 1,084,200 | -3.41% |
| Feb 1989 | 1,127,300 | -13.87% |
| Mar 1989 | 1,337,600 | -11.12% |
| Apr 1989 | 1,354,800 | 1.60% |
| May 1989 | 1,438,400 | -1.17% |
| Jun 1989 | 1,329,200 | -10.38% |
| Jul 1989 | 1,279,100 | -1.82% |
| Aug 1989 | 1,441,900 | 9.48% |
| Sep 1989 | 1,263,800 | 3.32% |
| Oct 1989 | 1,116,900 | -10.64% |
| Nov 1989 | 1,047,600 | -12.05% |
| Dec 1989 | 1,011,900 | -21.27% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1988 Annual Summary
New Vehicle Sales15,777,500
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1988 | 1,122,500 | 22.16% |
| Feb 1988 | 1,308,800 | 13.97% |
| Mar 1988 | 1,505,000 | 8.92% |
| Apr 1988 | 1,333,500 | -3.74% |
| May 1988 | 1,455,400 | 12.08% |
| Jun 1988 | 1,483,100 | 4.47% |
| Jul 1988 | 1,302,800 | -3.91% |
| Aug 1988 | 1,317,000 | -5.97% |
| Sep 1988 | 1,223,200 | -5.94% |
| Oct 1988 | 1,249,900 | 4.75% |
| Nov 1988 | 1,191,100 | 7.24% |
| Dec 1988 | 1,285,200 | 2.88% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1987 Annual Summary
New Vehicle Sales15,162,400
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1987 | 918,900 | -24.30% |
| Feb 1987 | 1,148,400 | -2.86% |
| Mar 1987 | 1,381,700 | 6.48% |
| Apr 1987 | 1,385,300 | -0.35% |
| May 1987 | 1,298,500 | -15.15% |
| Jun 1987 | 1,419,600 | -0.48% |
| Jul 1987 | 1,355,800 | -1.61% |
| Aug 1987 | 1,400,600 | 4.20% |
| Sep 1987 | 1,300,500 | -24.98% |
| Oct 1987 | 1,193,200 | -6.09% |
| Nov 1987 | 1,110,700 | -0.82% |
| Dec 1987 | 1,249,200 | -12.71% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1986 Annual Summary
New Vehicle Sales16,317,800
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1986 | 1,213,800 | 1.44% |
| Feb 1986 | 1,182,200 | -2.35% |
| Mar 1986 | 1,297,600 | -6.71% |
| Apr 1986 | 1,390,100 | 0.71% |
| May 1986 | 1,530,300 | 2.09% |
| Jun 1986 | 1,426,500 | 7.02% |
| Jul 1986 | 1,378,000 | 3.02% |
| Aug 1986 | 1,344,100 | -0.13% |
| Sep 1986 | 1,733,600 | 18.46% |
| Oct 1986 | 1,270,600 | 2.20% |
| Nov 1986 | 1,119,900 | -0.09% |
| Dec 1986 | 1,431,100 | 19.38% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1985 Annual Summary
New Vehicle Sales15,720,100
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1985 | 1,196,600 | 13.22% |
| Feb 1985 | 1,210,600 | 4.46% |
| Mar 1985 | 1,391,000 | 2.92% |
| Apr 1985 | 1,380,300 | 10.80% |
| May 1985 | 1,498,900 | 3.25% |
| Jun 1985 | 1,332,900 | 1.29% |
| Jul 1985 | 1,337,600 | 8.12% |
| Aug 1985 | 1,345,800 | 19.14% |
| Sep 1985 | 1,463,500 | 38.93% |
| Oct 1985 | 1,243,200 | -1.84% |
| Nov 1985 | 1,120,900 | -1.77% |
| Dec 1985 | 1,198,800 | 11.54% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1984 Annual Summary
New Vehicle Sales14,483,300
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1984 | 1,056,900 | 33.90% |
| Feb 1984 | 1,158,900 | 41.05% |
| Mar 1984 | 1,351,500 | 22.64% |
| Apr 1984 | 1,245,800 | 23.07% |
| May 1984 | 1,451,700 | 30.80% |
| Jun 1984 | 1,315,900 | 9.17% |
| Jul 1984 | 1,237,200 | 17.64% |
| Aug 1984 | 1,129,600 | 13.74% |
| Sep 1984 | 1,053,400 | 7.45% |
| Oct 1984 | 1,266,500 | 12.48% |
| Nov 1984 | 1,141,100 | 8.66% |
| Dec 1984 | 1,074,800 | 1.97% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1983 Annual Summary
New Vehicle Sales12,295,900
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1983 | 789,300 | 10.48% |
| Feb 1983 | 821,600 | -2.25% |
| Mar 1983 | 1,102,000 | 4.23% |
| Apr 1983 | 1,012,300 | 15.40% |
| May 1983 | 1,109,900 | 8.79% |
| Jun 1983 | 1,205,400 | 38.81% |
| Jul 1983 | 1,051,700 | 27.11% |
| Aug 1983 | 993,100 | 25.08% |
| Sep 1983 | 980,400 | 10.02% |
| Oct 1983 | 1,126,000 | 33.90% |
| Nov 1983 | 1,050,200 | 8.10% |
| Dec 1983 | 1,054,000 | 25.58% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1982 Annual Summary
New Vehicle Sales10,542,200
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1982 | 714,400 | -12.27% |
| Feb 1982 | 840,500 | -11.45% |
| Mar 1982 | 1,057,300 | -10.31% |
| Apr 1982 | 877,200 | -8.90% |
| May 1982 | 1,020,200 | 9.33% |
| Jun 1982 | 868,400 | -7.88% |
| Jul 1982 | 827,400 | -7.75% |
| Aug 1982 | 794,000 | -21.31% |
| Sep 1982 | 891,100 | 3.04% |
| Oct 1982 | 840,900 | 2.30% |
| Nov 1982 | 971,500 | 30.75% |
| Dec 1982 | 839,300 | 24.67% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1981 Annual Summary
New Vehicle Sales10,789,900
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1981 | 814,300 | -21.85% |
| Feb 1981 | 949,200 | -8.62% |
| Mar 1981 | 1,178,800 | 3.23% |
| Apr 1981 | 962,900 | 1.72% |
| May 1981 | 933,100 | 4.40% |
| Jun 1981 | 942,700 | 1.07% |
| Jul 1981 | 896,900 | -10.90% |
| Aug 1981 | 1,009,000 | 14.11% |
| Sep 1981 | 864,800 | 2.05% |
| Oct 1981 | 822,000 | -21.22% |
| Nov 1981 | 743,000 | -14.65% |
| Dec 1981 | 673,200 | -18.04% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1980 Annual Summary
New Vehicle Sales11,469,200
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1980 | 1,042,000 | -3.29% |
| Feb 1980 | 1,038,700 | -9.58% |
| Mar 1980 | 1,141,900 | -23.04% |
| Apr 1980 | 946,600 | -27.44% |
| May 1980 | 893,800 | -34.90% |
| Jun 1980 | 932,700 | -21.21% |
| Jul 1980 | 1,006,600 | -13.55% |
| Aug 1980 | 884,200 | -26.76% |
| Sep 1980 | 847,400 | -17.70% |
| Oct 1980 | 1,043,400 | -12.88% |
| Nov 1980 | 870,500 | -14.54% |
| Dec 1980 | 821,400 | -14.41% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1979 Annual Summary
New Vehicle Sales14,148,500
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1979 | 1,077,500 | 15.70% |
| Feb 1979 | 1,148,700 | 7.21% |
| Mar 1979 | 1,483,800 | 0.22% |
| Apr 1979 | 1,304,600 | -7.24% |
| May 1979 | 1,373,000 | -11.85% |
| Jun 1979 | 1,183,800 | -23.60% |
| Jul 1979 | 1,164,400 | -9.68% |
| Aug 1979 | 1,207,200 | -8.34% |
| Sep 1979 | 1,029,600 | -6.70% |
| Oct 1979 | 1,197,600 | -14.27% |
| Nov 1979 | 1,018,600 | -18.43% |
| Dec 1979 | 959,700 | -10.18% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1978 Annual Summary
New Vehicle Sales15,420,800
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1978 | 931,300 | -3.98% |
| Feb 1978 | 1,071,400 | -1.90% |
| Mar 1978 | 1,480,600 | 2.03% |
| Apr 1978 | 1,406,500 | 3.85% |
| May 1978 | 1,557,600 | 13.11% |
| Jun 1978 | 1,549,400 | 6.14% |
| Jul 1978 | 1,289,200 | 7.25% |
| Aug 1978 | 1,317,100 | 6.69% |
| Sep 1978 | 1,103,500 | -0.10% |
| Oct 1978 | 1,397,000 | 4.15% |
| Nov 1978 | 1,248,700 | 5.68% |
| Dec 1978 | 1,068,500 | -2.03% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1977 Annual Summary
New Vehicle Sales14,859,000
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1977 | 969,900 | 9.57% |
| Feb 1977 | 1,092,100 | 9.79% |
| Mar 1977 | 1,451,100 | 16.69% |
| Apr 1977 | 1,354,400 | 13.70% |
| May 1977 | 1,377,100 | 14.45% |
| Jun 1977 | 1,459,800 | 16.35% |
| Jul 1977 | 1,202,000 | 3.42% |
| Aug 1977 | 1,234,500 | 20.31% |
| Sep 1977 | 1,104,600 | 4.41% |
| Oct 1977 | 1,341,300 | 18.76% |
| Nov 1977 | 1,181,600 | 8.96% |
| Dec 1977 | 1,090,600 | 2.71% |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA
Monthly Vehicle Sales & Year-Over-Year (YOY) Change
1976 Annual Summary
New Vehicle Sales13,294,500
| Month | New Vehicle Sales | Year-Over-Year (YOY) Change (%) |
|---|---|---|
| Jan 1976 | 885,200 | N/A |
| Feb 1976 | 994,700 | N/A |
| Mar 1976 | 1,243,600 | N/A |
| Apr 1976 | 1,191,200 | N/A |
| May 1976 | 1,203,200 | N/A |
| Jun 1976 | 1,254,700 | N/A |
| Jul 1976 | 1,162,300 | N/A |
| Aug 1976 | 1,026,100 | N/A |
| Sep 1976 | 1,057,900 | N/A |
| Oct 1976 | 1,129,400 | N/A |
| Nov 1976 | 1,084,400 | N/A |
| Dec 1976 | 1,061,800 | N/A |
Note: Monthly & annual total new vehicle sales, not seasonally adjusted, include new light-duty vehicles (passenger cars & light trucks) as well as heavy-duty trucks
Source: U.S. Bureau of Economic Analysis. (n.d.). Total Vehicle Sales [TOTALNSA]. Retrieved October 8, 2026, from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/TOTALNSA