SAAR Archives

Cox Automotive Forecast: November Auto Sales Stuck in Low Gear As Consumers and Dealers Face Tight New-Vehicle Inventory and High Prices 11/29/2021 ATLANTA, Nov. 29, 2021 – When auto sales for November are confirmed by many automakers later this week, the results are forecast by Cox Automotive to show a market still held in check by limited new-vehicle supply and high prices. The November sales pace is expected to be down notably year over year, but should show a slight improvement from October, as select manufacturers have been… Read Article

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Cox Automotive Forecast: October New-Vehicle Sales Expected To Slow For Sixth Straight Month 10/27/2021 UPDATED, Nov. 3, 2021 – With new-vehicle inventory levels hovering around 1 million units in October, less than half the level of one year ago, the Cox Automotive Industry Insights team forecasted another month of relatively slow new-vehicle sales in October. And indeed, sales were down notably from one year ago, with some brands dropping more than 30% compared to October 2020. Final results will be… Read Article

new-vehicle sales sales forecast SAAR Press Releases

Cox Automotive Forecast: New-Vehicle Sales Stall in September 09/27/2021 UPDATED, Oct. 4, 2021 – The Cox Automotive Industry Insights team was expecting U.S. auto sales to cool in the third quarter, following a strong second quarter that greatly reduced inventory. That outlook proved correct, with vehicle inventory falling even further than initially expected and new-vehicle sales in September finishing very near our forecasted volume of 1 million units, among the lowest for a month in… Read Article

new-vehicle sales sales forecast SAAR Press Releases

Cox Automotive Forecast: August New-Vehicle Sales Pace Slowest of 2021 Due to Low Supply 08/25/2021 UPDATED Sept. 1, 2021 – With new-inventory extremely tight for most brands across the country, a slowdown in sales compared to July was widely expected. Initial reports indicate that tight inventory is now negatively impacting sales at nearly all brands. A few will ultimately squeeze out small year-over-year gains – Acura, Mazda – but a vast majority will be down in August. Given the severity of… Read Article

new-vehicle sales sales forecast SAAR Press Releases

Cox Automotive Forecast: Tight Supply Puts Brakes on New-Vehicle Sales 07/27/2021 UPDATED August 4, 2021 – The automotive sales pace in July slowed substantially, as tight vehicle supply severely limited sales at some automakers. The Cox Automotive Industry Insight team had forecasted slowing sales, as available inventory at the start of July was at the lowest point in memory. Days of supply had dropped to 29, according to an analysis of vAuto Available Inventory data. Inventory levels have generally… Read Article

new-vehicle sales sales forecast SAAR Press Releases

Cox Automotive May Forecast: As Memorial Day Approaches, Tight Vehicle Inventory Slows Auto Sales 05/26/2021 ATLANTA, May 26, 2021 – According to a forecast released today by Cox Automotive, automobile sales in the U.S. are expected to be healthy in May, but down from April’s historic result. Sales are expected to finish at a seasonally adjusted annual rate (SAAR) of 16.5 million, with sales volume at 1.54 million. This is an improvement over last May’s COVID impacted 12.1 million SAAR and… Read Article

new-vehicle sales sales forecast SAAR Press Releases

Cox Automotive April Forecast: Hot New-Vehicle Sales Pace Expected to Continue 04/28/2021 ATLANTA, April 28, 2021 – April U.S. auto sales, when announced next week, are expected to reveal a very hot new-vehicle market. The April sales pace is expected to finish near 16.5 million, which is down from last month’s robust 17.7 million level but still a healthy pace for the industry. Sales in March were especially strong due in part to some February sales being delayed as… Read Article

new-vehicle sales sales forecast SAAR Press Releases

Cox Automotive March Forecast: U.S. Auto Sales Pick Up Pace Heading Into Spring 03/26/2021 ATLANTA, March 26, 2021 – March U.S. auto sales, when reported next week, will show strong growth over February’s pace and a significant increase over last year’s pandemic hit numbers. The seasonally adjusted annual rate (SAAR) of sales this month is forecast by Cox Automotive to hit 16.5 million, up from February’s 15.7 million pace and well above last March’s dismal 11.4 million level. Sales volume is forecast… Read Article

new-vehicle sales sales forecast SAAR Press Releases

Cox Automotive February Forecast: U.S. Auto Sales Remain Relatively Strong Despite Challenges 02/23/2021 ATLANTA, Feb. 23, 2021 – February sales when reported next week are expected to show a relatively strong vehicle market in the U.S., though slowing from January’s robust post-holidays pace. The seasonally adjusted annual rate (SAAR) of sales this month is forecast by Cox Automotive to be near 16.3 million, down from January’s 16.6 million level and below last year’s 16.8 million. However, given ongoing pandemic… Read Article

new-vehicle sales sales forecast SAAR Press Releases

Cox Automotive Forecast: Relatively Healthy Auto Sales Continue in January 01/26/2021 ATLANTA, Jan. 26, 2021 – January is normally the quietest month of the year for vehicle sales as buyers take a break after holiday shopping, but according to a Cox Automotive forecast released today, January 2021 U.S. auto sales are expected to be healthy, up from last month and down less than 4% from January 2020. The forecast volume decline of 3.7% from last year –… Read Article

new-vehicle sales sales forecast SAAR Press Releases