US LV sales totaled 1.34 million units in September, according to GlobalData. The annualized selling rate accelerated from 15.1 million units/year in August, to 15.7 million units/year in September, similar to the levels seen in June and July. The daily selling rate was estimated at 51,600 units/day in September, compared to 49,300 units/day in August. After a slightly disappointing August, September appears to have heralded a rebound in activity, with the Labor Day weekend possibly contributing to results that exceeded expectations. According to initial estimates, retail sales totaled around 1.165 million units, while fleet sales accounted for approximately 177k units, representing around 13.2% of total sales, the lowest share for 12 months.
This content is for Free Membership members only. Log InJoin Now
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Neonode has won the Innovation Award for Driver Monitoring Softwarefor its camera-based, MultiSensing®-powered solution that delivers precise hands-on-wheel detection, regulatory-ready safety performance and low-footprint integration. Discover how Neonode is redefining driver monitoring, UX and compliance for next-generation semi-autonomous vehicles.
