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LMC Automotive

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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 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

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 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

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

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