DEFINITION of 'Motor Vehicle Sales '

The number of domestically produced units of cars, SUVs, mini-vans and light trucks that are sold. Motor vehicle sales are an economic indicator that records the reported sales by individual manufacturers on the first business day of every month.

BREAKING DOWN 'Motor Vehicle Sales '

Because motor vehicle sales are a large part of consumer spending in the United States, the motor vehicle sales data can provide important information on consumer-spending trends and on the overall direction of the economy.

Equity markets respond to strong economic growth, like higher motor vehicle sales, because they lead to higher profits and thus higher stock prices. The bond market, on the other hand, prefers moderate growth, so as to stem inflationary pressures, which hurt bond prices.

RELATED TERMS
  1. Alternative Motor Vehicle Credit

    A tax credit given to individuals who purchase vehicles that ...
  2. Gas Guzzler Tax

    An additional tax on the sale of vehicles that have poor fuel ...
  3. Qualified Electric Vehicle

    An electric vehicle that qualifies the owner to claim a nonrefundable ...
  4. Lemon Laws

    Regulations that attempt to protect consumers in the event that ...
  5. Schedule L

    A form attached to Form 1040 that is used to calculate the standard ...
  6. Car Allowance Rebate System - CARS

    A U.S. government program under the Obama administration that ...
Related Articles
  1. Personal Finance

    All Three U.S Car Makers See Canadian Sales Grow (F, GM)

    Ford, General Motors and Fiat Chrysler were all able to post increased sales in Canada for the month of June.
  2. Personal Finance

    Fiat, GM and Ford Benefit From Canada Sales (FCAU, GM)

    The Detroit automakers benefited from increased Canadians sales, and analysts predict that the remainder of 2016 can prove a blockbuster year for auto giants.
  3. Insights

    SUVs and Holiday Deals Drive U.S. Auto Sales (F, GM)

    U.S. auto sales beat estimates thanks a higher demand for SUVs and trucks, as well as incentives and holiday deals.
  4. Investing

    China Car Sales Jump on Lunar New Year Buying

    The growth of China’s vehicles sales indicates that the car market is heading out of contraction witnessed in mid-2015
  5. Investing

    Nissan Tops Honda for Fastest Sales Growth in U.S.

    It looks like the ghosts of Nissan's (NASDAQOTH: NSANY) past are indeed in its past. According to Industry Week, the Japanese manufacturer was the fastest-growing automaker in the U.S. over ...
  6. Investing

    General Motors Share Hurt By Lack Of Trucks, SUVs (GM)

    General Motors could see its market share in the U.S. erode as it reels from lack of supply for trucks and SUVs.
  7. Personal Finance

    Brexit Could Hurt Auto Sales (TM, TTM)

    A U.K. exit from the European Union could hurt auto sales both in the U.K. and abroad, according to the Society of Motor Manufacturers and Traders.
  8. Investing

    General Motors Stock Trades Ex-Dividend Wednesday (GM)

    General Motors will send its dividend payment on June 23 to shareholders of record as of June 10.
  9. Investing

    General Motors Stock Trades Ex-Dividend Monday (GM)

    General Motors will send its dividend payment on Dec. 22 to shareholders of record as of Dec. 7.
  10. Personal Finance

    AutoNation Numbers Confirm U.S. Auto Sales Slump

    AutonNation has provided the latest evidence that demand for cars and trucks in the U.S. is slowing.
RELATED FAQS
  1. How important are fleet sales to an automaker's business?

    Discover how fleet sales are important to an auto manufacturer's business, and see how these large volume sales of cars and ... Read Answer >>
  2. When buying a car, is it better to have a trade in or a down payment?

    When buying a car, it may be better to have a down payment rather than a trade in. A trade in offers convenience to the car ... Read Answer >>
  3. What types of companies are in the automotive sector besides auto manufacturers?

    Explore the relationships between automobile manufacturers and the numerous other types of companies that work in the automotive ... Read Answer >>
  4. What is the best way to get exposure to electric cars when investing in the automotive ...

    Learn more about the electric vehicle industry and what investment opportunities are available among auto manufacturers and ... Read Answer >>
  5. What are the most popular companies in the automotive sector right now?

    Learn about the largest global automobile manufacturers, including the most popular automakers by sales volume and companies ... Read Answer >>
Trading Center