New light-vehicle sales in the United States rose on a seasonally adjusted basis by 7.9% to 14.1 million units in November 2022 from a year ago, though it fell by 6.5% compared with October. Vehicle availability continued to improve, with inventory on the ground and in transit reaching 1.65 million units in November, up 57% year over year and up 6.9% from October. NADA’s monthly report also flagged rising transaction prices, rising interest rates and incentive spending that remains near record lows as factors that pushed new-vehicle payments higher. Moreover, the report warned that interest rates are poised to rise even higher before the end of the year, as the Fed is expected to boost rates again at its December meeting. Looking ahead to December, NADA does not expect too many surprises and projects total sales in 2022 to stand at 13.6 million units. GM, Toyota and Ford grabbed the lion’s share of the market, with crossover and pickup trucks accounting for nearly two-thirds of sales. source: National Automobile Dealers Association

Total Vehicle Sales in the United States averaged 15.52 Million from 1993 until 2022, reaching an all time high of 21.77 Million in October of 2001 and a record low of 8.60 Million in April of 2020. This page provides the latest reported value for - United States Total Vehicle Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Total Vehicle Sales - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

Total Vehicle Sales in the United States is expected to be 15.00 Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Total Vehicle Sales is projected to trend around 18.00 Million in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
United States Total Vehicle Sales



Calendar GMT Actual Previous Consensus TEForecast
2022-11-02 05:00 AM Oct 14.9M 13.5M
2022-12-07 12:00 AM Nov 14.1M 14.9M
2023-01-06 12:00 AM Dec 14.1M


Related Last Previous Unit Reference
Total Vehicle Sales 14.10 14.90 Million Nov 2022

United States Total Vehicle Sales
In the United States, Total Vehicle Sales measures the annualized number of new vehicles sold domestically in the reported month.
Actual Previous Highest Lowest Dates Unit Frequency
14.10 14.90 21.77 8.60 1993 - 2022 Million Monthly
Volume, SA

News Stream
US New Light-Vehicle Sales Rise YoY in Nov
New light-vehicle sales in the United States rose on a seasonally adjusted basis by 7.9% to 14.1 million units in November 2022 from a year ago, though it fell by 6.5% compared with October. Vehicle availability continued to improve, with inventory on the ground and in transit reaching 1.65 million units in November, up 57% year over year and up 6.9% from October. NADA’s monthly report also flagged rising transaction prices, rising interest rates and incentive spending that remains near record lows as factors that pushed new-vehicle payments higher. Moreover, the report warned that interest rates are poised to rise even higher before the end of the year, as the Fed is expected to boost rates again at its December meeting. Looking ahead to December, NADA does not expect too many surprises and projects total sales in 2022 to stand at 13.6 million units. GM, Toyota and Ford grabbed the lion’s share of the market, with crossover and pickup trucks accounting for nearly two-thirds of sales.
2022-12-07
US New Light-Vehicle Sales Rise in June
New light-vehicle sales in the United States increased 2.3% to 13 million units on a seasonally adjusted basis in June 2022 from the previous month’s sales of 12.7 million units. However, June 2022’s sales were down 16% compared to the same month last year. Demand is still outpacing supply, but a lack of inventory caused by supply chain disruptions continues to be the biggest factor limiting sales, according to NADA’s monthly report. Additionally, the low interest rate environment of the past few years will shift from a tailwind to a headwind as the Federal Reserve continues to boost interest rates in an effort to rein in inflation. Toyota, GM, Ford and Stellantis grabbed the lion’s share of the market, with crossover and pickup trucks accounting for nearly two-thirds of sales.
2022-07-06
US New Light-Vehicle Sales Improves in April
New light-vehicle sales in the United States increased to 14.3 million units on a seasonally adjusted basis in April 2022 from the previous month’s sales of 13.3 million units. However, April 2022’s sales was down 21.9% compared to the stellar sales pace seen in April 2021 which was driven by strong consumer demand and enough inventory available to meet that demand. April 2021 was one of the last sales months before inventory began to decline significantly and limit the sales pace. “We don’t expect that April’s month-end inventory level will change much from March’s level of 1.23 million units as the industry is still unable to produce enough vehicles to meet current demand, let alone restock dealer lots,” NADA said in a monthly report. “For the rest of the year vehicle availability will continue to be the principal limiting factor for new light-vehicle sales. Our forecast for sales in all of 2022 remains unchanged at 15.4 million units,” it added.
2022-05-05