Discounts Boost December Auto Sales; More Cars, Trucks To

Dec 23, 2024 · The U.S. retail auto industry, not including fleets, had a supply of 2 million unsold new cars and trucks in early December, an increase of 24.7% vs. a year ago, according to Cox …

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Discounts Boost December Auto Sales; More Cars, Trucks To

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Dec 23, 2024 · The U.S. retail auto industry, not including fleets, had a supply of 2 million unsold new cars and trucks in early December, an increase of 24.7% vs. a year ago, according to Cox …

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Jim Henry - Forbes

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Dec 23, 2024 · Discounts Boost December Auto Sales; More Cars, Trucks To Choose From. U.S. auto sales are expected to be around 1.5 million, an increase of 7.3% vs. December 2023, …

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Dealerships Are Giving Discounts Again, And It’s Boosting Sales

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Jan 3, 2025 · That means car buyers got about $3,400 in discounts and other incentives during December. That’s up over 25 percent from last year, according to data from JD Power …

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Rising Incentives Fueled A Strong Year For U.S. Auto Sales In 2024

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4 days ago · Leasing deals — some starting as low as $299 per month — helped push sales (especially EVs) by providing a more affordable entry point. Automaker winners and losers in …

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Dec. U.S. Auto Sales: Hyundai, Kia Set Records As ... - Automotive …

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Jan 3, 2024 · The average incentive per new light truck in December was expected to total $2,645, GlobalData and J.D. Power estimated, up from $1,346 a year earlier, while the …

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US New-vehicle Sales To Rise 13% In December On Discounts, …

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Dec 21, 2023 · Total new-vehicle sales, which include retail and non-retail transactions, are estimated to reach about 1,396,700 units in December, a 13.2% increase from a year ago, …

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Black Friday, Auto Discounts Boost US Retail Sales 0.7%

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December 17, 2024 9:41 AM, EST. Black Friday, Auto Discounts Boost US Retail Sales 0.7%. ... bolstered by a surge in car purchases that masked more mixed spending elsewhere. ...

ttnews.com

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US Car Sales Surge In December With A 13% Boost Fueled By …

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Dec 9, 2024 · Us car sales surge in december with a 13 boost fueled by discounts and increased availability – US car sales surged in December with a 13% boost fueled by discounts and …

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Discounts On The Dealership Lot Lift Car Sales - Yahoo Finance

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Dec 29, 2024 · Car buyers received about $3,400 in discounts and other incentives on average during the busy December shopping season, up more than 25% from a year earlier, according …

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Prices Eased In December, But Buying New Car Isn’t Getting

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Jan 13, 2023 · The average transaction price of a new vehicle was $49,507 by the end of last year, up 5% over 2021 and 28% higher than March 2020. Cox Automotive says the average …

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Up to $12 cash back · Nemir Auto Sales - 16 Cars for Sale. 6918 Newkirk Ave North Bergen, NJ 07047 Map & directions ... Pickup Truck Doors: 4 doors Drivetrain: Four-Wheel Drive …

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December Auto Sales Disappoint, Wrapping Up An …

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Dec 28, 2021 · Forecasters expect U.S. auto sales in December to be down more than 20% vs. December 2020, due to the ongoing shortage of new vehicles, in turn due to a computer chip …

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FAQs about Discounts Boost December Auto Sales; More Cars, Trucks To Coupon?

Why do automakers offer discounts?

Automakers offer discounts because some have too many cars to sell. “’Tis the season for automakers to make their final push for 2024 sales,” said Cox Automotive Executive Analyst Erin Keating. “While some automakers focus on managing production, many will likely maintain or even increase their seasonal incentives to attract buyers. ...

Is December a good month for auto sales?

December makes it six months in a row U.S. auto sales fell below the year-ago month, according to Thomas King, president of the data and analytics division at J.D. Power. Earlier this month, Cox Automotive said separately it expects full-year 2021 sales to be in a range from 14.8 to 15 million. ...

How many new cars were sold in December?

The U.S. retail auto industry, not including fleets, had a supply of 2 million unsold new cars and trucks in early December, an increase of 24.7% vs. a year ago, according to Cox Automotive data. In November, inventory represented about an 89-day supply, analysts said. ...

Are auto shoppers getting a higher discount in 2024?

Charlotte Smith/Ford Motor Co. Auto shoppers continue to have more inventory of new cars and trucks to choose from on dealer lots, and – totally related — a better chance of scoring a higher discount, judging by forecasts for U.S. auto sales in December, through the end of 2024, and into 2025. ...

How much money do car buyers get in December?

Car buyers received about $3,400 in discounts and other incentives on average during the busy December shopping season, up more than 25% from a year earlier, according to research firm J.D. Power. The offers have included low- and zero-percent interest rates, cash-back offers and cheap leases, especially on electric vehicles. ...

What is a good auto sales forecast for December 2020?

In a joint auto sales forecast, J.D. Power and LMC Automotive say they expect U.S. auto sales of about 1.2 million in December, down 20.5% vs. December 2020. TrueCar Inc. has a lower December auto sales forecast, of about 1.1 million. That would be down 27% vs. a year ago. ...