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As the COVID-19 pandemic continues to unfold, IHS Markit offers
uniquely actionable, rapid insights to drive your business.
Insights powered by the most up-to-date information available
provide critical intelligence to inform near-term planning and
longer-term strategic decision making. Download our weekly Rapid
Response Report to get real-time market feedback on specific market
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Positive momentum continues, 18% month-to-date (mtd)
increase compared with mid-May in national retail registration
volume, representing over 50,000-unit improvement
Luxury segments up 45% mtd, representing an increase of 15,000
units nationally
Non-luxury utilities up 25% mtd, an increase of 32,000 units
driven by Non-luxury compact CUV contributing over 20,000
units
Non-luxury cars up 14% mtd, growing by more than 8,000 units
and almost half of the increase was in non-luxury compact cars
Pickup segments declined 7% mtd, not surprising as inventory is
extremely low and production is coming online
24% improvement in mtd performance for June in the top
10 retail volume states, highlights include:
Significant improvements in New Jersey, Michigan, and New York
all recently lessening business restrictions
Modest improvements in Texas, North Carolina, and Florida where
pent-up demand has been satisfied, continued concern about impact
to the industry as they experience a resurgence of coronavirus
disease
