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June 27, 2017 - Industry News

J.D. Power/LCM: June SAAR Expected to Fall to Five-Year Low

Despite record incentive spending, the auto industry is on pace to record its weakest first-half sales performance since 2014, according to the two firms. Days to turn remained at 70 through June 18, the highest level since July 2009.

Tags: days to turn, fleet sales, Forecast, incentive spending, new-vehicle sales, SAAR

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 24, 2016 - Industry News

Consumers on Pace to Spend More Than $32 Billion on New Vehicles in February

J.D. Power and LMC Automotive said this week that consumers are on pace to spend more than $32 billion on new vehicles this month, a first for the month of February. The two firms noted, however, that their projected 13.9 million retail SAAR is the lowest level since June and well below the 15.3 million pace set last September.

Tags: Consumer Spending, Forecast, J.D. Power and Associates, LMC Automotive, new-vehicle sales

May 27, 2015 - Industry News

New-Car Sales to Reach 17.3 Million SAAR in May, KBB Reports

New-vehicle sales are expected to decline 1% year over year to a total of 1.59 million units in May 2015, resulting in an estimated 17.3 million seasonally adjusted annual rate, according to Kelley Blue Book.

Tags: Forecast, Kelley Blue Book, May, SAAR

February 10, 2015 - Industry News

NADA: Leasing Driving New-Vehicle Deliveries

Lease registrations have improved by an annual average of 18% since 2011, according to the NADA’s most recent installment of its Used Car Guide Perspective report.

Tags: Forecast, leasing, NADA Used Car Guide

November 18, 2014 - Industry News

NADA: New-Car Sales to Rise to 16.94 Million in 2015

At the NADA /J.D. Power Western Automotive Conference this week, NADA Chief Economist Steven Szakaly predicted that new-car and light truck sales will hit 16.94 million units in 2015.

Tags: Forecast, J.D. Power and Associates, NADA, National Automobile Dealers Association, SAAR

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