New light-vehicle sales in the United States increased 2.3% to 13 million units on a seasonally adjusted basis in June 2022 from the previous month’s sales of 12.7 million units. However, June 2022’s sales were down 16% compared to the same month last year. Demand is still outpacing supply, but a lack of inventory caused by supply chain disruptions continues to be the biggest factor limiting sales, according to NADA’s monthly report. Additionally, the low interest rate environment of the past few years will shift from a tailwind to a headwind as the Federal Reserve continues to boost interest rates in an effort to rein in inflation. Toyota, GM, Ford and Stellantis grabbed the lion’s share of the market, with crossover and pickup trucks accounting for nearly two-thirds of sales. source: National Automobile Dealers Association
Total Vehicle Sales in the United States averaged 15.55 Million from 1993 until 2022, reaching an all time high of 21.77 Million in October of 2001 and a record low of 8.60 Million in April of 2020. This page provides the latest reported value for - United States Total Vehicle Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Total Vehicle Sales - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Total Vehicle Sales in the United States is expected to be 14.00 Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Total Vehicle Sales is projected to trend around 18.00 Million in 2023, according to our econometric models.