US April Sales Up 6.5%. SAAR Down -21.9% YoY

Market Share of Cars and Light Trucks compared to Gas Prices Jan 2014- April 2022. Courtesy WARDS INTELLIGENCE

Ken Zino of on US April Sales Up 6.5%. SAAR Down -21.9%

SUVs accounted for ~55% of total sales, with Compact and Midsize Non-Premium models virtually tied for the market leadership. Compact models had a 17.7% share, just 0.2 ppts more than mid-size counterparts. Large Pickups ran a distant third place, accounting for 13.6% of sales. The Tesla Model Y spurred Compact Premium SUVs to a gain 1.2 ppts of share, more than any other segment. The best-ever month for the Ford Maverick made Compact Pickup represent 1% of sales – the segment did not exist in April 2021, of course.

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