US October Light Vehicle Sales Drop -23% YoY

US Light Vehicle Sales by Maker Oct 2021 – Courtesy NADA

Ken Zino of on US October Light Vehicle Sales Drop -23% YoY

Click to Enlarge.

“In October 2021 light-truck market share topped 80% for the first time, at 80.2% of all new light vehicles sold. Through the first 10 months of the year, light trucks have accounted for 77.2% of new-vehicle sales. After setting a record in September 2021, average new light-vehicle transaction prices are expected to set a new record of just under $44,000, says J.D. Power,” said Patrick Manzi, National Automobile Dealers Association Chief Economist.

Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *