Fact #445: November 27, 2006
U.S. Population Growth and Light Vehicle Sales
In 2006, one light vehicle was sold for every 17.8 persons in the U.S. In 2000, there was one light vehicle sold for every 16.2 persons. This indicates that the U.S. population is growing at a greater rate than vehicle sales for the first time in over 30 years.
Persons per New Light Vehicle Sale
Note: Full calendar year sales data for 2006 estimated by Automotive News Data Center.
Supporting Information
| Year | One sale for every: |
|---|---|
| 1960 | 24.9 persons |
| 1970 | 20.6 persons |
| 1980 | 20.2 persons |
| 1990 | 17.9 persons |
| 2000 | 16.2 persons |
| 2006 | 17.8 persons |
|
Source: Crain Communications, Automotive News, October 23, 2006. | |
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