United States - monthly vehicle sales by type through May 2023
U.S. auto market ended 2021 on a low note: The global automotive semiconductor shortage hit the industry, depleting vehicle supplies and sales in the second half of the year. While sales seemed to pick back up in December 2022, the industry still faces supply chain challenges which impact vehicle availability, and overall price inflation has been disrupting demand.
At just under 1.07 million unit sales, light trucks remained the largest U.S. auto market segment in May 2023, down from over 1.07 unit sales in April 2023 and increasing by approximately 23.06 percent year-on-year. The