Motor Intelligence Research
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QUERY THE MOTOR INTELLIGENCE SYSTEM (MIS)
for the most comprehensive historical analysis of U.S. industry vehicle sales, stock and incentive data.
MIS UPDATES
- Lease rates and residual values are now available for Alfa Romeo, Bentley, Buick, Chevrolet, GMC, Honda, Hyundai, Lexus, Maserati, Mazda, and Mini. 4/12/2021
- Lease price points are now available for Buick, Chevrolet, GMC, Honda, Nissan, Porsche, Subaru, and select Toyota regions. 4/12/2021
- Lease price points are now available for Chrysler, Dodge, Fiat, Jeep, Lexus, Mazda, and Ram. 4/8/2021
- Incentives are now available for Alfa Romeo, Chrysler, Dodge, Fiat, Jeep, Mini, Ram, and Toyota. 4/8/2021
- Lease price points are now available for Genesis, Maserati, Mini, and Mitsubishi. 4/7/2021
- Lease rates and residual values are now available for BMW, Genesis, Infiniti, Lincoln, and Mercedes-Benz. 4/7/2021
- Incentives are now available for Lexus, Maserati, Mazda, Nissan, and Subaru. 4/7/2021
OUR EXPERTISE
Email hello@motorintelligence.com for customized reports, statistics and in-depth industry analysis including:
- Trend Analysis for Multiple Vehicles & Segments
- Featured Lease Price Points Analysis
- Marketing Programs Spending Analysis
- U.S. New & Preowned Vehicle Retail Sales & Stock
- North American Production Statistics
- New Vehicle Retail Sales - Canada
- Incentive Program Comparisons for New &
Preowned Cars and Light Trucks
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March 2021 New Vehicle Sales, SAAR, Inventory and Incentives Spending Reporting has been updated with final MBUSA sales results for the month and quarter.
INCENTIVE HIGHLIGHTS
 2021 G80: Introduced a new 7,500 mile per year lease option, featuring an advertised payment of $499/month for 36 months with $5,499 due at signing. Effective 4/9/2021 on G80.
 2021 GLADIATOR, GRAND CHEROKEE: Added $1,000 'Spring Forward' lease cash on Gladiator Mojave / Rubicon and $500 on Grand Cherokee Laredo 4WD. Effective 4/9/2021 on Gladiator, Grand Cherokee.
 2021 CHARGER, CHALLENGER: Added $1,000 'Spring Forward' lease bonus cash on Charger GT AWD / SXT AWD and Challenger GT AWD / SXT AWD in its Northeast region. Effective 4/9/2021 on Charger, Challenger.
 2021 PACIFICA: Added $500 'Spring Forward' lease bonus cash on Pacifica Touring L in its Northeast region. Effective 4/9/2021 on Pacifica.
 2021 S90: Eliminated the $2,000 purchase bonus that was available last month and lowered lease cash by $2,000 (to $0 - $2,500). Effective 4/1/2021 on S90.
MI INSIGHTS
- Tight Inventory and Strong Retail Demand Continue to Push Incentive Spending Lower
U.S. Market light vehicle sales fell 12.7% in February 2021 as a result of a difficult year-over year comparison to a pre-pandemic market, weak fleet sales, fewer selling days and terrible weather in the Southern United States, particularly in Texas which accounts for just under 10% of sales volume for the country. Those issues are temporary and retail light vehicle demand remains extremely strong. The biggest issue for the auto industry moving forward continues to be the global semiconductor chip shortage, which is forcing most automakers to throttle back production. After starting to show signs of recovery before the chip issue arose, light vehicle inventory levels have started to decline once again. As of the end of February, the U.S. Market Days' Supply had fallen to 53, from 60 at the end of January and 68 during the same period a year ago. Beyond the statistics, Motor Intelligence has confirmed the low inventory levels by speaking with hundreds of dealers and performing visual checks on increasingly empty dealer lots. This tight inventory situation is causing automakers to cut back on incentive spending. As we have been saying, there's no need to provide a high level of costly incentives on vehicles when demand remains high and dealers don't have enough product to sell. We expect the chip issue to continue to be a problem for manufacturers for the next several months. The tight inventory situation may not begin to show meaningful improvement until Q3 and may linger for the rest of 2021. As a result, look for incentive spending to remain significantly lower on a year-over-year basis for the foreseeable future. Motor Intelligence on 03/03/2021
TRENDING NEWS
- GM shortens downtime at Tennessee plant as chip supply improves
GM’s Spring Hill Assembly plant will return to regular production on Monday instead of April 26, a week earlier than initially announced Thursday by the company. The facility builds the GMC Acadia and Cadillac XT5 and XT6 crossovers. GM also will not halt production next week of the Chevrolet Blazer at a plant in Mexico, which was announced last week due to the chip shortage... CNBC on 04/13/2021
- https://www.autonews.com/sales/luxury-sales-reaching-historic-highs
Overall, U.S. luxury sales rose 20 percent to 547,903 cars and light trucks in the quarter, significantly outperforming the broader industry's 12 percent increase. With the premium surge, the annualized light-vehicle sales pace in March jumped to 18.1 million, according to Motor Intelligence... Automotive News on 04/12/2021
- U.S., European consumers warm up to electric vehicles, but remain wary of price: survey
European and U.S. buyers are warming up to the idea of purchasing a battery-powered vehicle, but continue to have concerns over the price of the technology, a survey showed, underscoring the need for government subsidies to reach EV sales and environmental goals... Reuters on 04/12/2021
- Chip shortage could stretch for years
Automakers and analysts have been optimistic in recent weeks that the worldwide shortage of microchips would work itself out in the second half of this year. But that upbeat prediction is changing. Many are now concluding that there is no easy path out of the mess because of the cost and complexity of the semiconductor supply chain. The growing outlook: The auto industry may have to rethink how it sources chips until producers can fulfill commitments for new capacity — a process that will take years... Automotive News on 04/12/2021
- Ford Gives 100 Stores The Go-Ahead To Build Standalone Bronco Dealerships
The return of the Ford Bronco has been met with approval on the behalf of anyone who likes revamped, maneuverable off-road classics, and Ford has been keen to make the most of it. Which now means that we could possibly be seeing Bronco-only dealerships in the very near future. One hundred stores have already taken Ford up on the offer... Jalopnik on 04/11/2021
SALES TREND
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CAN WE HELP?
Regional marketing incentives are changing faster than usual due to the current market conditions.
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MI IN THE MEDIA
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Founded in 1990, Autodata Corporation and it's web analytitics system Motor Intelligence are the world's leading provider of vehicle sales and leasing data for the United States market. Motor Intelligence's analysis and information have helped vehicle manufacturers and financial analysts know where each model stacks up against the competition since 1990. Call us today to learn how we can help with your vehicle information needs. We specialize in online distribution of statistical data, market intelligence, and customizable management reports. Our information makes its way into the hands of OEMs, Wall Street analysts, financial institutions, and media throughout the world.
A full line of automotive statistical reports that cover new vehicle retail deliveries (unit sales), North American vehicle assembly (unit production), and inventory (stock) levels complete with car and truck model detail is available. Additionally, Autodata tracks product programs and marketing promotions including rebates, finance and lease information. Custom out-sourced solutions are also available with guaranteed on-time delivery. We value our long-standing business relationships and view them as a testament to our quality of work.
Our mission at Autodata Corporation is to best serve our clients by delivering high quality and timely market analysis tools, partnered with the best customer service in the industry.
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