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Automotive Industry:United States: Difference between revisions
Automotive Industry:United States (view source)
Revision as of 19:14, 12 January 2024
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Sales up nearly 14% YTD, but dipped from Q2 – headwinds likely to slow market in Q4 | Sales up nearly 14% YTD, but dipped from Q2 – headwinds likely to slow market in Q4 | ||
[[File:Screenshot 2023-10-10 103859.png|center|thumb|1051x1051px|https://www.coxautoinc.com/wp-content/uploads/2023/09/Sept-26-Q3-2023-Cox-Automotive-Industry-Insights-Presentation.pdf]] | [[File:Screenshot 2023-10-10 103859.png|center|thumb|1051x1051px|https://www.coxautoinc.com/wp-content/uploads/2023/09/Sept-26-Q3-2023-Cox-Automotive-Industry-Insights-Presentation.pdf]] | ||
=== December 2023 === | |||
== Prices == | == Prices == | ||
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* The total '''used-vehicle sales''' forecast for 2023 remained the same by Cox Automotive to be '''35.7 million, 2% below 2022.''' | * The total '''used-vehicle sales''' forecast for 2023 remained the same by Cox Automotive to be '''35.7 million, 2% below 2022.''' | ||
* ox Automotive raised its '''new car sales full-year forecast to 15.4 million''', from 15 million in June. | * ox Automotive raised its '''new car sales full-year forecast to 15.4 million''', from 15 million in June. | ||
== Forecast 2024 == | |||
=== December 2023 === | |||
== Individual Manufacturer Performance == | == Individual Manufacturer Performance == | ||
* Volkswagen Sales are down 13.6% y/y in 2022 from 641,094 cars sold in 2021 to 554,145 in 2022. <ref>https://www.coxautoinc.com/wp-content/uploads/2023/01/Jan-12-2023-Cox-Automotive-Industry-Insights-and-Forecast-Call-Presentation.pdf Page 27</ref><br /> | * Volkswagen Sales are down 13.6% y/y in 2022 from 641,094 cars sold in 2021 to 554,145 in 2022. <ref>https://www.coxautoinc.com/wp-content/uploads/2023/01/Jan-12-2023-Cox-Automotive-Industry-Insights-and-Forecast-Call-Presentation.pdf Page 27</ref><br /> | ||
== Auto Industry behaviour during recession == | == Auto Industry behaviour during recession == | ||
== References == | == References == | ||