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02 May 2023 Contact Us   |   Subscribe
     

Wards Intelligence Sales Report

U.S. Light-Vehicle Sales Continue to Surprise on High Side; Rise 13% Year/Year in April

Higher interest rates, elevated prices and fear of recession undoubtedly are pushing some consumers out of the market, but pent-up demand (especially from fleets), increased availability and an economy still seeing job growth and wage increases are offsetting the headwinds. Incentives are rising from rock-bottom lows, which helps, but those gains are more in line with what would be expected as inventory rises from historic lows rather than from automakers simply reacting to consumer pullback.

 

Higher interest rates, elevated prices and fear of recession undoubtedly are pushing some consumers out of the market, but pent-up demand (especially from fleets), increased availability and an economy still seeing job growth and wage increases are offsetting the headwinds. Incentives are rising from rock-bottom lows, which helps, but those gains are more in line with what would be expected as inventory rises from historic lows rather than from automakers simply reacting to consumer pullback.

U.S. Light Vehicle Sales, April 2023

U.S. light vehicle sales for April 2023 presented in interactive Excel tables and charts. Expandable reports highlight results by Company, Source, Segment, Model Line and Power Source by units or market share. Includes SAAR (seasonally adjusted annual rates), Top 15 models by vehicle type, and filterable flat file to query or export to external reports.

 

U.S. light vehicle sales for April 2023 presented in interactive Excel tables and charts. Expandable reports highlight results by Company, Source, Segment, Model Line and Power Source by units or market share. Includes SAAR (seasonally adjusted annual rates), Top 15 models by vehicle type, and filterable flat file to query or export to external reports.

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