US Auto Cox Sales: Historical Releases
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Developments
December 2023
Used
Weekly sales estimates declined at the end of December, up 4% Y/Y for Week 52; YTD -3%[1]
New
2023 Finishes with 15.46 Million
September 2023
Used
Weekly sales remain near recent yearly peak, up 7% vs. prior year
New
Sales up nearly 14% YTD, but dipped from Q2 – headwinds likely to slow market in Q4
June 2023
Used
- Total used-vehicle sales in June are estimated to be near 3.0 million units, up 2.8% from June 2022.
- 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.
- 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.[2]
New
- 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.[3]
March 2023
Used
- Total used-vehicle sales in March are estimated to be near 3.3 million units, down 4% from March 2022.
- 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.
- Retail used-vehicle sales are estimated to be 1.8 million, down 3.5% from March 2022.
- The used retail sales pace ticked higher to 18.8 million in March from February’s revised 17.9 million level. [4]
New
- 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.
- 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.[5]
2022
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
- 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.[6]
References
- ↑ https://www.coxautoinc.com/wp-content/uploads/2024/01/2024-Cox-Automotive-Industry-Insights-Webcast-Presentation.pdf
- ↑ https://www.coxautoinc.com/market-insights/estimated-monthly-used-vehicle-saar-and-volume/
- ↑ https://www.coxautoinc.com/market-insights/kbb-atp-june-2023/
- ↑ https://www.coxautoinc.com/market-insights/estimated-monthly-used-vehicle-saar-and-volume/
- ↑ https://www.coxautoinc.com/newsroom/market-insights/
- ↑ https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month#dec