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LMC Automotive

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.

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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.

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.

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.

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.

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.

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.

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.

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.

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.