In 2021, new vehicle sales incentives in the United States had dropped by close to 15 percent year-over-year, down to under 24,700 incentive programs. This slump linked to supply issues faced by automakers during the global chip shortage that year. U.S. inventory-to-sales ratio in the country reached its lowest point since 2009 in 2021.
Volume of new vehicle sales incentive programs offered by automakers in the United States between 2017 and 2021
Characteristic
Incentive program volume
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Cox Enterprises. (December 29, 2021). Volume of new vehicle sales incentive programs offered by automakers in the United States between 2017 and 2021 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1291211/us-new-vehicle-sales-incentive-program-volume/
Cox Enterprises. "Volume of new vehicle sales incentive programs offered by automakers in the United States between 2017 and 2021." Chart. December 29, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1291211/us-new-vehicle-sales-incentive-program-volume/
Cox Enterprises. (2021). Volume of new vehicle sales incentive programs offered by automakers in the United States between 2017 and 2021. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1291211/us-new-vehicle-sales-incentive-program-volume/
Cox Enterprises. "Volume of New Vehicle Sales Incentive Programs Offered by Automakers in The United States between 2017 and 2021." Statista, Statista Inc., 29 Dec 2021, https://www.statista.com/statistics/1291211/us-new-vehicle-sales-incentive-program-volume/
Cox Enterprises, Volume of new vehicle sales incentive programs offered by automakers in the United States between 2017 and 2021 Statista, https://www.statista.com/statistics/1291211/us-new-vehicle-sales-incentive-program-volume/ (last visited August 25, 2024)
Volume of new vehicle sales incentive programs offered by automakers in the United States between 2017 and 2021 [Graph], Cox Enterprises, December 29, 2021. [Online]. Available: https://www.statista.com/statistics/1291211/us-new-vehicle-sales-incentive-program-volume/