Norway: Plug-In Car Sales Increased 25% In November 2022
- BEVs: 15,915 (up 41%, at 81.6% market share) + 686 new vans.
- PHEVs: 1,502 (down 43%, at 7.7% market share)
- Total: 17,417 (up 25%, at 89.3% market share)
Are new car sales up or down in 2022?
November 2022 U.S. New-Vehicle Sales Forecast Highlights New-vehicle sales are expected to increase 10.8% from November 2021 but decline 4.2% compared to last month. The SAAR in November 2022 is estimated to be 14.3 million, above last year's 13.1 million level but down from last month's 14.9 pace.
What will happen to car sales in 2022?
While new car prices declined -1.4% in September from August's all-time high, they will likely remain elevated through the end of 2022 as inflationary pressures persist, before easing slightly in 2023. “There's still a lot of inflation bubbling up in the new vehicle supply chain.
Are car sales slowing down 2022?
According to a recent report from the California New Car Dealers Association (CNCDA), the new vehicle market fell 16.1% in the first nine months of 2022. That's compared to the same time frame in 2021. The report said there are a few contributing factors, including less-than-predictable supply chain issues.
How many new cars sold 2022?
Compare Car Insurance Quotes Online (2022 Rates) Cox Automotive's initial U.S. new-vehicle sales forecast for 2022 was 16 million, up about 7% vs. 15 million in 2021.