Light Vehicle Sales Data Report

United States Of America – In March 2022, new light-vehicle sales in the United States fell to 13.3 million units on a seasonally adjusted basis, down from 14.1 million units the previous month and 17.6 million units in March 2021.

“Sales fell throughout Q1 2022 as production, which was already constrained by scarce microchips, was further constrained by global shocks from the Ukraine war and ongoing supply chain disruptions beyond microchips,” NADA reported in its monthly report.

“For the remainder of the year, new-vehicle sales will be constrained by the number of vehicles that OEMs can produce.” 

While our forecast of 15.4 million new light-vehicle sales in 2022 remains unchanged from the beginning of the quarter, there are downside risks to our forecast from ongoing supply chain issues, global conflicts, and pandemic-related impacts,” it added.

According to NADA’s monthly report the remainder of the year new-vehicle sales will be constrained by the number of vehicles that OEMs can produce. While the NADA forecast of 15.4 million new light-vehicle sales in 2022 remains unchanged from the beginning of the quarter, there are downside risks to the NADA forecast from ongoing supply chain issues, global conflicts, and pandemic-related impacts, the NADA release stated.

Toyota, General Motors, Ford, and Stellantis dominated the market, with crossover and pickup trucks accounting for nearly two-thirds of sales.