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| == COX Sales Data == | | == COX Sales Data == |
| | [[US Auto Cox Sales: Historical Releases]] |
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| === <big>June 2024</big> === | | === <big>June 2024</big> === |
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| * While annual EV sales continue to grow in the U.S. market, the growth rate has slowed notably. '''Sales in Q1 rose 2.6% year over year, but fell 15.2% compared to Q4 2023.''' The increase last quarter was well below the previous two years. | | * While annual EV sales continue to grow in the U.S. market, the growth rate has slowed notably. '''Sales in Q1 rose 2.6% year over year, but fell 15.2% compared to Q4 2023.''' The increase last quarter was well below the previous two years. |
| * One bright spot in Q1: Strong EV sales from luxury makers, suggesting the EV market continues to be luxury-driven. Cadillac achieved a 499.2% year-over-year increase in electric vehicle sales due to robust sales of its Lyriq model. At Mercedes, EV sales were up 66.9%. BMW posted a 62.6% increase in EV sales compared to Q1 2023. At Audi, Q1 EV sales grew 28.8% year over year. | | * One bright spot in Q1: Strong EV sales from luxury makers, suggesting the EV market continues to be luxury-driven. Cadillac achieved a 499.2% year-over-year increase in electric vehicle sales due to robust sales of its Lyriq model. At Mercedes, EV sales were up 66.9%. BMW posted a 62.6% increase in EV sales compared to Q1 2023. At Audi, Q1 EV sales grew 28.8% year over year. |
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| === <big>December 2023</big> ===
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| ==== Used ====
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| Weekly sales estimates declined at the end of December, up 4% Y/Y for Week 52; YTD -3%<ref>https://www.coxautoinc.com/wp-content/uploads/2024/01/2024-Cox-Automotive-Industry-Insights-Webcast-Presentation.pdf</ref>
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| ==== New ====
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| 2023 Finishes with 15.46 Million[[File:Screenshot 2024-01-12 131928.png|center|thumb|874x874px|https://www.coxautoinc.com/wp-content/uploads/2024/01/2024-Cox-Automotive-Industry-Insights-Webcast-Presentation.pdf]]
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| === <big>September 2023</big> ===
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| ==== Used ====
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| Weekly sales remain near recent yearly peak, up 7% vs. prior year
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| [[File:Screenshot 2023-10-10 110132.png|center|thumb|887x887px|https://www.coxautoinc.com/wp-content/uploads/2023/09/Sept-26-Q3-2023-Cox-Automotive-Industry-Insights-Presentation.pdf]]
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| ==== New ====
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| Sales up nearly 14% YTD, but dipped from Q2 – headwinds likely to slow market in Q4
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| [[File:Screenshot 2023-10-10 103859.png|center|thumb|858x858px|https://www.coxautoinc.com/wp-content/uploads/2023/09/Sept-26-Q3-2023-Cox-Automotive-Industry-Insights-Presentation.pdf]]
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| === <big>June 2023</big> ===
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| ==== Used ====
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| [[File:Screenshot 2023-07-21 142755.png|center|thumb|472x472px|https://www.coxautoinc.com/wp-content/uploads/2023/06/2023-Cox-Automotive-Mid-Year-Review-Presentation.pdf]]
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| * Total used-vehicle sales in June are estimated to be near 3.0 million units, up '''2.8% from June 2022.'''
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| * The seasonally adjusted annual rate, or SAAR, is estimated to have finished near '''36.7 million, up from last June’s 35.7 million pace and up from May’s downwardly revised 34.1 million level.'''
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| * Retail used-vehicle sales are estimated to be 1.6 million, up 3.3% from June 2022. The used retail sales pace ticked higher to 19.4 million in June from May’s downwardly revised 18.1 million level.<ref>https://www.coxautoinc.com/market-insights/estimated-monthly-used-vehicle-saar-and-volume/</ref>
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| ==== New ====
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| [[File:Screenshot 2023-07-21 142202.png|center|thumb|https://www.coxautoinc.com/wp-content/uploads/2023/06/2023-Cox-Automotive-Mid-Year-Review-Presentation.pdf]]
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| * New-vehicle sales in June by volume were the highest since May 2021. Sales into fleet and increasing incentives contributed to the '''20.7% year-over-year volume gain.''' Compared with May, new-vehicle sales were up 0.5% in June.<ref>https://www.coxautoinc.com/market-insights/kbb-atp-june-2023/</ref>
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| === <big>March 2023</big> ===
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| ==== Used ====
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| * Total used-vehicle sales in March are estimated to be near 3.3 million units, down 4% from March 2022.
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| * The seasonally adjusted annual rate, or SAAR, is estimated to have finished near 35.5 million, down from last March’s 37.0 million level but up from February’s revised 33.9 million level.
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| * Retail used-vehicle sales are estimated to be 1.8 million, down 3.5% from March 2022.
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| * The used retail sales pace ticked higher to 18.8 million in March from February’s revised 17.9 million level. <ref>https://www.coxautoinc.com/market-insights/estimated-monthly-used-vehicle-saar-and-volume/</ref>
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| ==== New ====
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| * Total new-vehicle sales were up 9% from a year ago for a sales pace, or seasonally adjusted annual rate (SAAR), of 14.8 million, up from 13.6 million a year ago but down from February’s revised 15 million.
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| * During March, we saw sales surpass the 1-million mark for a 30-day period for the first time since early September 2021. Higher sales have been boosted, in part, by improving inventory, which has been running at around 1.8 million or so for the past several weeks.<ref>https://www.coxautoinc.com/newsroom/market-insights/</ref>
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| === <big>2022</big> ===
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| Full-year sales for 2022 totaled 13,903,429 units, a decrease of 7.8% compared to the end of 2021. This is the lowest level seen since 2011 when sales were recovering from the Great Recession
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| * Truck and SUV full-year sales were down 6.4% to 10,920,758 units, while passenger car sales were down 12.8% to 2,979,113 units for 2022.<ref>https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month#dec</ref>
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| == Prices == | | == Prices == |
