Automotive sales surge in October as inventory/incentives rise

As a result, October sales in the U.S. automotive market saw a 13% year-over-year increase. However, new vehicle inventory continues to rise, ...

New-Vehicle Inventory Tops 3 Million for the First Time Since the ...

New vehicle sales are running 13% above last year, as incentives grow to 7.7% of average transaction price and create positive momentum. Average ...

Kelley Blue Book Report: New-Vehicle Incentives Climb Higher in ...

New-vehicle sales incentives climbed higher in October, jumping from a revised 7.2% of the ATP in September to 7.7% in October, an increase of ...

Used Retail Vehicle Sales Increase in October - Cox Automotive Inc.

According to an analysis of Cox Automotive's vAuto Live Market View data estimates, retail used-vehicle sales in October1 increased by ...

New Vehicle Prices Rise Slightly in October, But So Do Incentives

Compared to a year ago, new-vehicle incentives have increased more than 60% as automakers compete for sales.

Kelley Blue Book Report: New-Vehicle Incentives Climb Higher in ...

New-vehicle sales incentives climbed higher in October, jumping from a revised 7.2% of the ATP in September to 7.7% in October, an increase of ...

KBB reports modest ATP increase for new vehicles in October

Additionally, new-vehicle sales incentives increased by 7.7% of ATP in October, up from 7.2% in September, a 6% increase month over month.

As New Vehicle Inventory Grows, So Does OEM Incentive Spending

The average incentive spending per unit in October 2024 will total $3,149, an increase of 70.5% year over year · Tysons, Va.— · Alternative-fueled ...

Shoppers Sit On Their Wallets; October Auto Sales Gain Only Slightly

In terms of monthly auto sales, the joint forecast is for a total of about 1.3 million cars and trucks in October, an increase of 2.1% vs.

October New-Vehicle Sales Expected to Increase 10% | Digital Dealer

Continuing a trend from September, new-vehicle inventory and heightened incentives are key factors helping maintain steady sales volume.

New Vehicle Inventory Surges as Prices Drop Across U.S. Dealerships

This marks the second consecutive month of a 90,000-unit increase, suggesting potential shifts in the automotive market's supply-demand dynamics ...

J.D. Power-GlobalData Automotive Forecast October 2024

Total new-vehicle sales for October 2024, including retail and non-retail transactions, are projected to reach 1327600, a 2.1% increase from ...

US new-vehicle sales set to increase in October - Autovista24

'Retail inventory is projected to be 1.9 million units, a 4% increase from September and a 25.1% increase from October 2023. Increasing ...

October New-Vehicle Sales Expected Up - F&I and Showroom

J.D. Power forecast shows robust inventory and incentives are ... Inventory is still on the rise, up 4% month-over-month and a sharp ...

When Will New Car Prices Drop? - Kelley Blue Book

Incentives to attract shoppers to new vehicles jumped from 7.2% in September to 7.7% in October, representing a 6% increase. Compared to one year ago, new ...

USA - Flash report, Automotive sales volume, 2024 - MarkLines

U.S. auto sales up 9.5% in October, double-digit gains ... Improved inventory conditions also tended to increase the amount of incentives and discounts.

U.S. auto sales to rise in October as supply chains improve - report

"Even with a modest increase in inventory, strong demand continues to allow manufacturers to maintain a low level of discounting," the report ...

March sales look robust, thanks to incentives and inventory

Analysts see March U.S. auto sales as the best month since May 2021 because of increasing inventories — and resulting rising incentives and ...

US new-vehicle sales set to slump in September - Autovista24

Average incentive spending per unit in September is expected to reach $3,047, up $1,210 from September 2023. Spending as a percentage of the ...

Automakers using aggressive incentives to close out year

Incentives accounted for 7.7% of the average transaction price (ATP) for new vehicles, up 6% from September and an increase of over 60% compared ...