Tag Archives: automotive sales

What COVID Did to NSG

NSG Group reported a decline in revenue in fiscal year 2020, largely due to the COVID-19 pandemic. According to the NSG Group Integrated Report 2020, the company‚Äôs 2020 revenue was nearly $5.4 billion USD*, down from approximately $5.9 billion in … Continue reading

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Recent Stats Show Decline in Auto Sales and Increase in Insurance and Repairs

Domestic auto sales experienced a slight decrease from May to June. According to the latest figures from the Bureau of Economic Analysis (BEA), U.S. automotive unit retail sales dropped by 8.3 percent, or 36,200 units, on a month over month … Continue reading

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Cars.com Analysts Predict Highest SAAR Since 2006

Cars.com analysts forecast April vehicle sales will hit 1,414,120, up 10 percent year-over-year and down 7.8 percent from March. A seasonally adjusted annual rate (SAAR) of 16.29 million new-car sales is expected for April, which is an increase of 7.2 percent from this time last year, and decrease of 0.7 percent month-over-month. This would mark the highest April SAAR since 2006, according to officials. Continue reading

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