US Retail Sales Post Double-Digit Climb in November 2011

US retail light-vehicle sales in November rose 14.8% from a year ago to 818,609 units, which translates to a seasonally adjusted selling pace (SAAR) of 11.7 million units, based on analysis by J.D. Power’s Power Information Network® (PIN) and LMC Automotive. The sales pace in November was much stronger than the 9.7 million-unit pace in November 2010 and also surpassed October’s retail sales rate.

Fleet sales in November were less than 175,000 units and down 10.6% from a year ago. The fleet SAAR of 1.9 million units receded from 2.5 million units in November 2010. Continue reading ›

New-Vehicle Transaction Prices Up Slightly in December 2010

The average new-vehicle transaction price for December 2010 was 0.3% higher than in December 2009 and 0.9% higher than in November 2010 (not seasonally adjusted), based on Power Information Network® (PIN) retail transaction data from J.D. Power and Associates.

At the same time, the average cash rebate amount was down 4.1% from December 2009, . . . Continue Reading New-Vehicle Transaction Prices Up Slightly in December 2010