Fact of the Week #1222

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Transportation Analysis Fact of the Week #1222

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January 24, 2022

Light-Duty Vehicle Sales For 2021 Were 3% Higher than 2020

Despite the shortage of new vehicle inventory due to supply chain issues, sales of new light-duty vehicles rose to 14.9 million in 2021 ‒ a 3% increase over 2020. This is 2.6 million lower than the peak of 17.5 million sales in 2016.

New Light-Duty Vehicle Sales, 1970-2021

Note: Includes all vehicles up to 14,000 lbs. gross vehicle weight rating.

Source: 1970-2020 – Oak Ridge National Laboratory, Transportation Energy Data Book: Edition 39, August 2021.

ABC News, New auto sales up in 2021, but long way before full recovery, Detroit, MI, January 4, 2022.

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