• NADA Market Beat (monthly auto sales trends)
• Dealership Financial Profiles (based on the average new car dealership)
NADA DATA 2014
There were 1.4 million light-vehicle sales in June 2014. This sales figure was down 11.7 percent from May 2014 and it was up 1.1 percent from June 2013.
June 2014 YTD light-vehicle sales amounted to 8.1 million up 4.2 percent from a year ago. The June 2014 Seasonally Adjusted Annual Rate (SAAR*) for light-vehicle sales was 16.9 million. The last time the SAAR reached 16.9 million was August 2005. June 2014 was the third month, this year, to record a SAAR value that exceeded 16.0 million.
In June 2014 YTD figures, car sales held a market share of 48.0 percent with sales down 10 basis points from a year ago while corresponding figures for light trucks put the light-truck share at 52.0 percent with sales up 8.4 percent from a year ago.
For Q2 2014, there were 4.4 million light-vehicle sales up 6.8 percent from Q2 2013. For Q2 2014, car sales were up 3.9 percent from Q2 2013 while light-truck sales were up 9.6 percent from Q2 2013.
For full details, read NADA Market Beat.
|* SAAR (Seasonally Adjusted Annual Rate) is a term used in the industry to depict the selling rate of vehicles for a particular month. For example, a SAAR rate of 12 million for a particular month indicates that the industry was on pace to sell 12 million vehicles on an annual basis.|