01 Mar 2021

Auto Vehicle Sales Rise YoY in January 2021

Auto sales had a better start to the year than they did in 2020. Passenger car sales soared 71% YoY in January, with nearly 14.9k vehicles sold during the first month of the year, according to figures from the Automotive Information Council (AMIC). On a monthly basis, however, sales decelerated from 20k passenger vehicles sold in December 2020.

Bus and truck sales had mixed results. Truck sales rose 48% YoY to 3.7k, from 2.5k in the same month in 2020. This is a steep fall from 4.5k trucks sold in December 2020. Bus sales were down both YoY (-23%) and MoM (-24%) with 1.9k units sold. (Source: Enterprise)