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 15.51 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 January of 2023.
Total Vehicle Sales in the United States is expected to be 12.50 Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations.