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Tag Archives: J.D. Power and GlobalData
September 2025 U.S. Vehicle Sales Forecast Flat. Global Sales Better
Total U.S. new-vehicle sales for September 2025, including retail and non-retail transactions, are projected to reach 1,232,200, a 0.1% increase year over year, according to a joint forecast from J.D. Power and GlobalData released today. September 2025 has 24 selling days, one more than September 2024. Comparing the same sales volume without adjusting for the number of selling days translates to an increase of 4.5% from 2024.*
“In aggregate, September sales results point to another month of strong demand for new vehicles. However, as has been the case for the past few months, assessing the health of the industry requires a closer look at the underlying market dynamics,” said Thomas King, president of the data and analytics division at J.D. Power. Continue reading
Posted in auto news, economy, manufacturing, marketing, news analysis, sales
Tagged 2025 global vehicle sales forecast, august global light vehicle sales, auto industry commentary, AutoInformed news, autoinformed.com, automotive blog, Automotive news and analysis, EV sales, federal EV tax credit, FICO scores, GlobalData, j.d power, J.D. Power and GlobalData, Ken Zino of AutoInformed, plug-in hybrids, September 2025 global sales forecast, September 2025 U.S. Vehicle Sales Forecast, Thomas King, Tyson Jominy, X @KenAutoinformed
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July Record – $49.8B Spent New Vehicles in U.S.
Total U.S. new-vehicle sales for July 2025, including retail and non-retail transactions, are forecast to reach 1,380,500, a 3.2% increase from July 2024 according to a joint forecast from J.D. Power and GlobalData. Comparing the same sales volume without adjusting for the number of selling days translates to an increase of 7.4% from 2024. Nonetheless, consumer spending set record for month with $49.8 billion spent on new vehicles if the forecast holds, which is likely given the track record of the source.
“July retail sales are projected to finish 4.1% higher than a year ago but interpreting that gain requires care due to events both last year and this year that disrupted normal monthly sales patterns,” said Thomas King, president of the data and analytics division at J.D. Power. Continue reading
Consumer Spending Spree – October US Auto Sales
Total US new-vehicle sales during October 2023 are forecast to reach 1,201,800, a 6.6% increase from October 2022, according to numbers just released by J.D. Power and GlobalData.* The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is expected to be 15.5 million units, up 0.9 million units from October 2022. Retail buyers are on pace to spend $43.7 billion on new vehicles, up $0.3 billion from October 2022. Continue reading
November U.S. and Global New Vehicle Sales Forecast Down
Total new-vehicle sales for November 2025, including retail and non-retail transactions, are estimated to reach 1,255,900, a 5.2% decrease year over year, according to a joint forecast from J.D. Power and GlobalData released today. The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is expected to be 15.4 million units, down 1.2 million units from November 2024. Global November sales are expected to decrease 3.9% from November 2024. The global selling rate is expected to reach 92.7 million units in November, down from a rate of 95.8 million units in November 2024.
“November’s results reflect another notable—yet anticipated—decline in the [U.S.] new-vehicle sales pace, driven largely by the pull-ahead of electric vehicle (EV) purchases prior to the expiration of federal EV tax credits on Sept. 30. That expiration prompted many shoppers to accelerate buying decisions, resulting in a surge in EV sales that temporarily inflated the overall industry sales pace. Now, two months after the credit expired, the industry continues to feel the effect of those accelerated purchases. In November, EVs are expected to account for just 6.0% of new-vehicle retail sales, consistent with October but well below the 12.9% recorded in September,” said Thomas King, president of OEM solutions at J.D. Power. Continue reading →