S&P Global Mobility: U.S. auto sales showing signs of progress
S&P Global Mobility projects November US light vehicle sales to reach 1.31 million units, representing a 6% growth year-over-year. The seasonally adjusted rate (SAAR) is expected to hit 15.9 million units, aligned with October's 16.0 million. Retail sales show sustained progress, supported by rising inventory, year-end promotions, and potentially lower interest rates. Available retail advertised inventory reached 3.06 million vehicles in October, marking the second consecutive month above three million units since the pandemic. Battery Electric Vehicle (BEV) share has maintained above 8% since June, with November projected at 8.7%.
S&P Global Mobility prevede che le vendite di veicoli leggeri negli Stati Uniti a novembre raggiungeranno 1,31 milioni di unità, con una crescita del 6% rispetto all'anno precedente. Si stima che il tasso annualizzato (SAAR) raggiunga 15,9 milioni di unità, allineato ai 16,0 milioni di ottobre. Le vendite al dettaglio mostrano progressi costanti, supportati dall'aumento dell'inventario, dalle promozioni di fine anno e da potenziali tassi di interesse più bassi. L'inventario pubblicizzato al dettaglio disponibile ha raggiunto 3,06 milioni di veicoli a ottobre, segnando il secondo mese consecutivo sopra i tre milioni di unità dall'inizio della pandemia. La quota di veicoli elettrici a batteria (BEV) è rimasta sopra l'8% da giugno, con una previsione per novembre dell'8,7%.
S&P Global Mobility proyecta que las ventas de vehículos ligeros en EE. UU. en noviembre alcanzarán 1,31 millones de unidades, lo que representa un crecimiento del 6% en comparación con el año anterior. Se espera que la tasa ajustada estacionalmente (SAAR) llegue a 15,9 millones de unidades, alineándose con los 16,0 millones de octubre. Las ventas al por menor muestran un progreso sostenido, respaldado por el aumento del inventario, promociones de fin de año y posibles tasas de interés más bajas. El inventario publicitado disponible alcanzó 3,06 millones de vehículos en octubre, marcando el segundo mes consecutivo por encima de tres millones de unidades desde la pandemia. La cuota de vehículos eléctricos de batería (BEV) se ha mantenido por encima del 8% desde junio, proyectándose en un 8,7% para noviembre.
S&P 글로벌 모빌리티는 11월 미국 경량차 판매가 131만 대에 이를 것으로 예상하며, 이는 전년 대비 6% 성장한 수치입니다. 계절 조정 연율(SAAR)은 1590만 대1600만 대와 유사합니다. 소매 판매는 재고 증가, 연말 프로모션 및 잠재적으로 낮은 이자율에 힘입어 지속적인 성장을 보이고 있습니다. 10월에 이용 가능한 소매 광고 재고는 306만 대에 도달하여, 팬데믹 이후 두 번째 연속으로 300만 대를 초과한 월이 되었습니다. 배터리 전기 자동차(BEV)의 점유율은 6월 이후 8% 이상을 유지하고 있으며, 11월에는 8.7%로 예상됩니다.
S&P Global Mobility prévoit que les ventes de véhicules légers aux États-Unis en novembre atteindront 1,31 million d'unités, représentant une croissance de 6 % par rapport à l'année précédente. Le taux ajusté en fonction des saisons (SAAR) devrait atteindre 15,9 millions d'unités, en ligne avec les 16,0 millions d'octobre. Les ventes au détail montrent des progrès constants, soutenus par une augmentation des stocks, des promotions de fin d'année et potentiellement des taux d'intérêt plus bas. L'inventaire publicitaire de détail disponible a atteint 3,06 millions de véhicules en octobre, marquant le deuxième mois consécutif au-dessus de trois millions d'unités depuis la pandémie. La part des véhicules électriques à batterie (BEV) a maintenu plus de 8 % depuis juin, avec une prévision de 8,7 % pour novembre.
S&P Global Mobility prognostiziert, dass die Verkaufszahlen von leichten Fahrzeugen in den USA im November 1,31 Millionen Einheiten erreichen werden, was einem Wachstum von 6 % im Vergleich zum Vorjahr entspricht. Die saisonbereinigte Jahresrate (SAAR) wird voraussichtlich 15,9 Millionen Einheiten erreichen, was im Einklang mit den 16,0 Millionen im Oktober steht. Der Einzelhandel zeigt kontinuierliche Fortschritte, unterstützt durch steigende Bestände, Jahresendaktionen und möglicherweise niedrigere Zinssätze. Der verfügbare Einzelhandelsbestand erreichte im Oktober 3,06 Millionen Fahrzeuge, was den zweiten Monat in Folge über drei Millionen Einheiten seit der Pandemie markiert. Der Marktanteil von batterieelektrischen Fahrzeugen (BEV) liegt seit Juni über 8 % und wird für November auf 8,7 % prognostiziert.
- Light vehicle sales growth of 6% year-over-year
- Retail advertised inventory reached 3.06 million vehicles, highest since pandemic
- BEV market share consistently above 8% since June, reaching 8.6% in September
- Strong SAAR of 15.9 million units, maintaining October's momentum
- None.
Insights
The auto industry shows positive momentum with
This data points to a strengthening automotive market heading into 2024, with balanced inventory levels supporting sustainable growth. The sustained BEV share above
While the projected monthly volume remains familiar, retail sales levels reflect sustained advances
"Retail sales are showing sustained progress in November, aided by a combination of rising inventory, the beginning of year-end clearance promotional activity, and quite possibly relief from lower interest rates," said Chris Hopson, principal analyst at S&P Global Mobility. "The overall pace of sales would be relatively unchanged from the previous month, but advancing consumer demand could signal some easing of affordability issues."
Support from inventories also provides some indications that auto sales could indeed provide auto sales with a happy holiday season.
According to S&P Global Mobility Retail Advertised Inventory data, at the end of October 2024, available retail advertised inventory in the US was 3.06 million vehicles, a slight
US Light Vehicle Sales | ||||
Nov 24 (Est) | Oct 24 | Nov 23 | ||
Total Light Vehicle | Units, NSA | 1,309,400 | 1,325,263 | 1,235,583 |
In millions, SAAR | 15.9 | 16.0 | 15.5 | |
Light Truck | In millions, SAAR | 12.9 | 13.0 | 12.4 |
Passenger Car | In millions, SAAR | 3.0 | 3.0 | 3.1 |
Source: S&P Global Mobility (Est), | ||||
According to S&P Global Mobility new registration data, BEV share of sales has been above
About S&P Global Mobility
At S&P Global Mobility, we provide invaluable insights derived from unmatched automotive data, enabling our customers to anticipate change and make decisions with conviction. Our expertise helps them to optimize their businesses, reach the right consumers, and shape the future of mobility. We open the door to automotive innovation, revealing the buying patterns of today and helping customers plan for the emerging technologies of tomorrow.
S&P Global Mobility is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity, and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information, visit www.spglobal.com/mobility.
Media Contact:
Michelle Culver
S&P Global Mobility
248.728.7496 or 248.342.6211
Michelle.culver@spglobal.com
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SOURCE S&P Global Mobility
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