/ Industry, News, Sales Reports / March new car sales in the U.S. show signs of improvement – forecast

March new car sales in the U.S. show signs of improvement – forecast

Linked In Share
March new car sales in the U.S. show signs of improvement – forecast

New car sales in the United States in March are expected to grow, after low results in January and February, LMC Automotive says.

According to LMC, in March new car sales in the US are expected to hit 1.19 million units, 7 percent more compared to March 2012 – and an annualized selling rate projected selling rate of 15.8 million units.

In addition, LMC forecasts that this year sales will hit 16.1 million units – down from their previous forecast of 16.2 million cars – and total new light vehicle sales in March 2014 will rise 6 percent to almost 1.5 million vehicles.

 ”The severe weather had an impact on retail sales in January and February, but as the weather has improved, so have sales,” said John Humphrey, senior vice president of the global automotive practice at JD Power.

In February new car sales fell less than 300 vehicles from 1,193,872 light cars sold in February 2013 – and January was down 3.3 percent.

“The selling pace for the year was slow out of the gate, but the industry remains poised for stable growth in the near- to mid-term,” said Jeff Schuster, senior vice president of forecasting at LMC Automotive.

US Car sales SAAR Levels 2014

US Auto production
The North American auto industry has built 1.4 million vehicles in February – up 4.8 percent from the same period of 2013 – but even so supply basis are still at 80 days – 20 days more than the ideal level.

Overall factory output (not only vehicles) in February was up 1.5 per cent from a year ago.

by Mircea Serafim (my Google+) - Friday, March 21st, 2014 - filed under Industry, News, Sales Reports. Image credit: .
Linked In Share
Related Articles
auto production March 2014 new car sales us auto sales


Discuss: March new car sales in the U.S. show signs of improvement – forecast

Leave a Reply















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Bosses slam ‘unacceptable’ Rosberg after Hamilton clash
Bosses slam ‘unacceptable’ Rosberg after Hamilton clashAug.24 (GMM/Inautonews.com) The championship rivalry between warring teammates Lewis Hamilton and Nico Rosberg exploded at ...
Ecclestone returns to F1′s executive board
Ecclestone returns to F1′s executive boardAug.24 (GMM/Inautonews.com) Bernie Ecclestone has returned to the executive board of F1's parent company. Although he remained ...
Lauda relieved Mercedes extending gap on rivals
Lauda relieved Mercedes extending gap on rivalsAug.24 (GMM/Inautonews.com) Niki Lauda has expressed relief at Spa as Mercedes pulled out an even greater advantage over the ...
Red Bull taking over Renault’s F1 electric development
Red Bull taking over Renault’s F1 electric developmentAug.24 (GMM/Inautonews.com) Red Bull is getting deeply involved with the improvement of engine partner Renault's F1 ...
Caterham lines up new Kobayashi substitute for Monza
Caterham lines up new Kobayashi substitute for MonzaAug.24 (GMM/Inautonews.com) Roberto Merhi has admitted he is in the running to be the next occupant of sidelined Caterham racer ...
McLaren will end driver uncertainty within season
McLaren will end driver uncertainty within seasonAug.24 (GMM/Inautonews.com) The delayed announcement of McLaren's 2015 lineup will not drag on until the winter, boss Eric ...
Red Bull won’t replace me – Newey
Red Bull won’t replace me – NeweyAug.23 (GMM/Inautonews.com) Adrian Newey says Red Bull will not replace him as technical director when he steps down at ...
Vergne learned of 2015 axe six days late
Vergne learned of 2015 axe six days lateAug.23 (GMM/Inautonews.com) Max Verstappen learned of his 2015 debut long before Jean-Eric Vergne learned of his impending ...
Villeneuve slams Verstappen debut
Villeneuve slams Verstappen debutAug.23 (GMM/Inautonews.com) Jacques Villeneuve has slammed Max Verstappen's 2015 debut as "the worst thing ever for formula ...
Chilton fumbles as F1′s next ‘pay-drivers’ line up
Chilton fumbles as F1′s next ‘pay-drivers’ line upAug.23 (GMM/Inautonews.com) He didn't want to say the words, but Max Chilton insists a Marussia kerfuffle in Belgium should not ...
Ecclestone sure about Russia, not about New York
Ecclestone sure about Russia, not about New YorkAug.23 (GMM/Inautonews.com) Bernie Ecclestone insists formula one is definitely going to controversial Russia -- but he is much ...
Test drive: Ford Ranger XLT 2.2 TDCi 150 HP
Test drive: Ford Ranger XLT 2.2 TDCi 150 HPFord is well known around the world for its F-150 pickup truck that actually doesn’t have a global presence. A paradox, yes? ...
2014 Belgian GP preview
2014 Belgian GP previewBuilt over 90 years ago, the Belgian track remains the most exciting in the calendar, with fearsome corners like Eau Rouge and ...
Lamborghini Gallardo gets crashed inside Austrian tunnel
Lamborghini Gallardo gets crashed inside Austrian tunnelA Lamborghini Gallardo has been recently crashed inside an Austrian tunnel after its driver lost control of the wheel and hit the ...
Dodge Charger SRT Hellcat Shooting Brake rendered
Dodge Charger SRT Hellcat Shooting Brake renderedThe first rendering with the recently unveiled Dodge Charger SRT Hellcat is showing the model in question in a new body style, ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

Ford_Ranger_DSC1108
lamborghini gallardo crash tunnel austria 1
Spy-Shots of Cars
Spy-Shots of Cars
Lamborghini Gallardo thinks it’s an Aventador in Russian tuning 1
Porsche 911 Turbo and Turbo S by TechArt tuning 1
2015 Chevrolet Silverado Rally Editions 1
Honda CR-Z supercharger kit 1
Opel Astra GTC Turbo i 1400 tuned by Irmscher 1
saab 9-3 ev prototype 1
audi r8 fire thailand 1
pagani huayra la monza 1

More automotive from inautonews
Ford is well known around the world for its F-150 pickup truck that actually doesn’t have a global presence. A paradox, yes? Well, actually no. That’s because the US company thinks the Ranger model we tested is a compact truck! By all means – if the 5359 mm long vehicle is compact, we dare ...
read more
Inautonews Editors Section
Test drive: Ford Ranger XLT 2.2 TDCi 150 HP
Test drive: Ford Ranger XLT 2.2 TDCi 150 HPFord is well known around the world for its F-150 pickup truck that actually doesn’t have a global presence. A paradox, yes? Well, actually no. ...
Top 10 Ferrari F1 drivers No.4 Niki Lauda
Top 10 Ferrari F1 drivers No.4 Niki LaudaThe man that saved Ferrari…These are the first words that came in mind when you heard about Niki Lauda, “The computer”. He was fast, tough in ...
Top 10 Ferrari F1 drivers No.5 Fernando Alonso
Top 10 Ferrari F1 drivers No.5 Fernando AlonsoA relentless fighter with a stupendous stamina and a will to never give-up in the Nuvolari mood. Arguably the most accomplished driver of his era, he ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety [VIDEO] 2015 Subaru Legacy and Outback earn Top Safety Pick+Two of the safest vehicles available for order are the 2015 Subaru Legacy and 2015 Outback, as they ... US: Honda makes last minute changes to enhance safety and crash-test scoreThe Japanese automaker has been hit by a sales dip and aims to recuperate the distance in the final ...
Safety Section