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Automotive Update US Vehicle Sales & Market Trends


Market Trends and Regulatory
1.32 million units in June, representing a 19.5% increase from June 2020 and an 8.3% decrease from June 2019, with the decline attributed to weak fleet sales.  The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is projected to be 
15.8 million units.  The same forecast notes that U.S. retail sales continue to experience strong demand, but “
the effect of fewer vehicles in inventory at dealerships is finally starting to have a material effect on aggregate industry sales volumes.” Cox Automotive, in its 2021 Mid-Year Review, predicts 
U.S. new light vehicle sales will reach 1.38 million in June,
 representing a SAAR of 16.4 million units. ....

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