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May 31, 2017 - Industry News

J.D. Power/LMC Expect Lowest May Retail SAAR Since 2013

(in millions of units)Source: Power Information Network® (PIN) from J.D. Power

Not even record incentive spending for the month is expected to keep May retail sales on pace with a year ago, according to the two firms.

Tags: incentive spending, J.D. Power and Associates, LMC Automotive, new-vehicle sales, SAAR

April 26, 2017 - Industry News

J.D. Power/LMC: Record Incentive Spending Keeps April Sales on Pace With a Year Ago

Source: Power Information Network® (PIN) from J.D. Power

April retail sales are expected to reach 1.17 million thanks to record incentive spending. However, average days to turn continues to rise, with nearly 30% of vehicles sold so far in 2017 having sat on dealer lots more than 90 days.

Tags: incentive spending, JD Power, LMC Automotive, new-vehicle sales

October 25, 2016 - Industry News

Have Pickup Sales Peaked?

Ford's decision to idle production of its F-150 pickup last week has followed several months of slowing demand in retail and fleet channels and may point to a larger trend in pickup sales.

Tags: Chevrolet, Ford, F-Series, General Motors, JD Power, LMC Automotive, Pickup Trucks, Ram, Silverado

September 27, 2016 - Industry News

LMC/J.D. Power: September Sales Expected to Fall Despite Record Incentives

For the fifth time in seven months, J.D. Power and LMC Automotive are predicting a year-over-year decline in new-vehicle retail sales for September. But officials with both firms said the numbers don't point to significant weakness or risk, but the firm does see challenges ahead.

Tags: Forecast, J.D. Power, LMC Automotive, new-vehicle sales, SAAR

July 14, 2016 - Industry News

LMC Lowers 2016 Sales Forecast

LMC Automotive has revised its forecast for U.S. auto sales for the 2016-2023 periods. The company expects nearly 250,000 fewer units will be sold each year during that timeframe, with a larger reduction occurring between 2016 and 2017.

Tags: Forecast, LMC Automotive, U.S. Sales

February 2, 2016 - Industry News

J.D. Power/LMC: Snow Storm Slows But Doesn’t Stop Car Sales in January

The two firms expect January total light-vehicle sales to total 1.1 million units, while the January SAAR is expected to have reached 16.8 million units. LMC Automotive said its sales forecast for 2016 remains at 17.8 million units.

Tags: fleet sales, J.D. Power, January sales, LMC Automotive, Retail Sales, SAAR

February 23, 2015 - Industry News

J.D. Power Projects Best February Sales in 13 Years

Total light-vehicle retail sales are expected to reach 1.3 million units in February, the highest total for the month since 2002, according to projections from J.D. Power and LMC Automotive.

Tags: J.D. Power and Associates, LMC Automotive, monthly sales, Retail Sales, SAAR

July 24, 2014 - Industry News

Summer Is Heating Up New-Vehicle Sales, LMC Automotive and J.D. Power Report

The SAAR for retail sales in July is expected to be 13.8 million units, an increase of 600,000 vehicles compared to the same period last year.

Tags: J.D. Power and Associates, July Auto Sales, LMC Automotive

July 1, 2014 - Industry News

J.D. Power: Transaction Prices Reach Record High

Transaction prices for the first six months of 2014 averaged a record $29,630. Consumer expenditures on new vehicles also reached a record high of $194 billion during the period.

Tags: J.D. Power and Associates, LMC Automotive, transaction prices, Vehicle Sales

June 26, 2014 - Industry News

New-Vehicle Sales Continue Year-Over-Year Growth

The expected SAAR for new light-vehicle retail sales in June will result in the fifth consecutive month of year-over-year growth, predicts J.D. Power and LMC Automotive.

Tags: J.D. Power and Associates, June Sales, LMC Automotive, SAAR

May 22, 2014 - Industry News

JD Power, LMC Expect Strong Sales This Memorial Day Weekend

J.D. Power and LMC Automotive predict the industry will record its highest selling rate this year during May, thanks to anticipated strong sales over the Memorial Day weekend.

Tags: J.D. Power and Associates, Light-Vehicle Sales, LMC Automotive, Memorial Day sales

March 20, 2014 - Industry News

Retail Light-Vehicle Sales Strengthening in March

New-vehicle retail sales in March are showing signs of improvement following slower-than-expected sales in the first two months of 2014, J.D. Power and LMC Automotive report.

Tags: J.D. Power and Associates, LMC Automotive, March, New Vehicles, Retail Sales

February 25, 2014 - Industry News

Light Vehicle Sales Rebounding in Late February, JD Power and LMC Report

Early returns for the month of February show sales of light vehicles rebounding after being hampered by severe weather disruptions in much of the United States.

Tags: JD Power, Light-Vehicle Sales, LMC Automotive, SAAR

December 26, 2013 - Industry News

J.D. Power: December Sales Expected to Finish Strong

U.S. consumers are expected to spend more than $34 billion on new vehicles in December, a historic high for the month, reports J.D. Power and LMC Automotive.

Tags: J.D. Power and Associates, LMC Automotive, monthly sales, new-vehicle sales

October 10, 2013 - Industry News

The Detroit News: Govt. Shutdown Could Slow Auto Sales

The Detroit News reports the prolonged government shutdown will likely negatively impact auto sales. Manufacturers report sales have not been hit hard yet, but industry experts say consumers can only take so much uncertainty.

Tags: Hyundai, LMC Automotive

August 22, 2013 - Industry News

J.D. Power: August New-Vehicle Sales Reach 7-Year High

New-vehicle retail sales in August are projected to come in at 1.27 million units, a 12 percent increase from August 2012 and the highest monthly sales volume since 2006.

Tags: J.D. Power and Associates, LMC Automotive, new-vehicle sales, SAAR

June 25, 2013 - Industry News

Big Summer Expected for New-Vehicle Sales, J.D. Power and LMC Predict

The automotive retail market is expected to close out the first half on a positive note, and the two market research firms believe the momentum should carry through the summer.

Tags: 2013, automotive, J.D. Power and Associates, June, LMC Automotive, Report, sales

March 21, 2013 - Industry News

J.D. Power, LMC: Loan Terms Stretching, March Sales Maintain Feb.’s Pace

March’s retail SAAR should match February’s 12.1 million-unit reading, J.D. Power and LMC Automotive reported this week. The two firms also spot a stretching of loan terms, with 72-month or longer loans now at record levels.

Tags: 2013, J.D. Power and Associates, LMC Automotive, March, SAAR, sales

February 26, 2013 - Industry News

SAAR to Reach 12.1 Million Units in February, Firms Predict

J.D. Power and LMC Automotive expect new-vehicle sales to reach 931,100 units in February, which would put the SAAR at 12.1 million units.

Tags: 2013, February, JD Power, LMC Automotive, SAAR, sales, Vehicle Sales

January 29, 2013 - Industry News

J.D. Power, LMC: New-Vehicle Retail Sales Ahead of Expectations

The two firms reported this week that January sales are off to their strongest start in five years, and could total 812,600 units by month end. Including fleet sales, total sales could reach 1.028 million units.

Tags: 2013, fleet sales, J.D. Power and Associates, LMC Automotive, new-vehicle sales, Power Information Network, Retail Sales, SAAR

December 20, 2012 - Industry News

J.D. Power, LMC: Luxury Share in December Highest Since 2009

In their monthly sales forecast, J.D. Power and Associates and LMC Automotive predict that December will record a SAAR of 12.2 million units. The two firms also expect luxury share to reach its highest level since 2009.

Tags: 2012, December, J.D. Power and Associates, LMC Automotive, luxury sales, SAAR, TransUnion

October 25, 2012 - Industry News

October New-Vehicle Sales Nearing 2008 Feat

If October maintains its current sales pace, the industry will have achieved something it hasn't done since 2008, J.D. Power and LMC Automotive report.

Tags: JD Power, LMC Automotive, new-vehicle sales, SAAR

September 25, 2012 - Industry News

September Sales on Pace for a 15 Percent Increase, J.D. Power Reports

September sales could outpace a year ago by a million units, with most major vehicle segments expected to show year-over-year sales gains.

Tags: J.D. Power and Associates, LMC Automotive

August 28, 2012 - Industry News

August New-Vehicle Sales Strong Amid Weak Economic Growth, JD Power and LMC Report

J.D. Power and LMC Automotive expect the industry to realize its highest monthly, new-vehicle selling rate in four and half years, with the industry expected to sell more than 1.066 million units this month.

Tags: JD Power, LMC Automotive, new-vehicle sales

July 26, 2012 - Industry News

Credit Availability Keeping July Sales on Pace, Report Says

Stretching loan terms and improved credit availability are keeping sales motoring along despite recent slowdown.

Tags: credit availability, J.D. Power and Associates, July Auto Sales, KBB, Kelley Blue Book, LMC Automotive, Power Information Network, SAAR

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