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
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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 November 13, 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 November 13, 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: November 13, 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 November 13, 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/
