US auto sales by year
US auto sales in 2023
15.50 million new cars and light trucks were sold in the US in 2023, up 12.7% from 2022. The strongest month for the seasonally adjusted selling rate was June 2023 (16.06 million) and the weakest February 2023 (14.96 million).
15.50M
+12.7% vs 2022
Units sold in the yearSelling rate by month (SAAR, millions)
2023 month by month
| Month | SAAR | vs prior month | vs year ago | Units sold | Units y/y |
|---|---|---|---|---|---|
| Dec 2023 | 15.82M | +2.8% | +18.5% | 1.46M | +15.0% |
| Nov 2023 | 15.38M | +0.1% | +8.9% | 1.24M | +8.8% |
| Oct 2023 | 15.37M | -2.0% | +4.7% | 1.20M | +1.4% |
| Sep 2023 | 15.68M | +1.8% | +15.3% | 1.34M | +19.3% |
| Aug 2023 | 15.40M | -1.9% | +13.4% | 1.32M | +16.3% |
| Jul 2023 | 15.70M | -2.3% | +18.0% | 1.30M | +15.3% |
| Jun 2023 | 16.06M | +4.0% | +20.3% | 1.37M | +19.7% |
| May 2023 | 15.44M | -2.2% | +20.1% | 1.36M | +23.1% |
| Apr 2023 | 15.80M | +5.3% | +11.9% | 1.36M | +9.8% |
| Mar 2023 | 15.00M | +0.3% | +9.8% | 1.38M | +9.3% |
| Feb 2023 | 14.96M | -3.0% | +8.9% | 1.14M | +8.9% |
| Jan 2023 | 15.43M | +15.5% | +5.1% | 1.05M | +5.6% |
Sources: U.S. Bureau of Economic Analysis (vehicle unit sales), U.S. Bureau of Labor Statistics (consumer prices), Federal Reserve Board (G.19 auto loan rates, G.17 assemblies), U.S. Census Bureau (dealer sales), all via FRED, Federal Reserve Bank of St. Louis. Figures are revised by the agencies; this page shows the latest published values. Data checked Nov 6, 5:41 PM ET. Not investment advice.