New-vehicle retail sales for December 2021 are forecast to decline when compared with December 2020, according to the latest forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles are expected to reach 1,105,800 units, a -17.4% drop compared with December 2020 when adjusted for selling days. December 2021 has one fewer selling day than December 2020. Comparing the same sales volume without adjusting for the number of selling days translates to a decrease of -20.4% from 2020. New-vehicle retail sales in Q4 2021 are projected to reach 2,923,600 units, a -17.7% decrease from Q4 2020 when adjusted for selling days. New-vehicle retail sales for 2021 are projected to reach 13,074,500 units, a 6.5% increase from 2020 when adjusted for selling days.
Total new-vehicle sales for December 2021, including retail and non-retail transactions, are projected to reach 1,245,600 units, a -20.5% decrease from December 2020. Truck/SUVs are tracking at a record 80.2% of new-vehicle retail sales in December. Comparing the same sales volume without adjusting for the number of selling days translates to a decrease of -23.3% from 2020. The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is expected to be 13.0 million units, down –3.5 million units from 2020. Continue reading












Happy Holidays!
From US Census Fun Facts – The 2021 Holiday Season
Click to Enlarge.