Atlanta, Phoenix are fastest growing new car markets

Jan. 1, 2020
Atlanta is the hottest U.S. market for new car buyers, according to Edmunds.com, An analysis of automotive registration data reveals that new retail car registrations in the Atlanta metropolitan area were 24 percent higher in the first half of 2011,
Atlanta is the hottest U.S. market for new car buyers, according to Edmunds.com. An analysis of automotive registration data reveals that new retail car registrations in the Atlanta metropolitan area were 24 percent higher in the first half of 2011, compared to the same period in 2010.

“Some consumers who deferred purchases earlier this summer are responding to improving vehicle supply and more competitive prices”

The analysis also shows that Atlanta’s registration figures are consistent with online shopping activity by visitors to Edmunds.com. The number of online users in Atlanta considering a new car on Edmunds.com has climbed 14 percent year-to-date over the same period last year.

Phoenix was next on the list, recording a 23 percent increase in new car registrations year over year. Sacramento, Salt Lake City and Birmingham, each with a 22 percent increase, round out the top five new car hot spots. Nationally, new retail car registrations have climbed 14 percent this year.

In a newly published update of her 2011 automotive sales forecast, Edmunds.com chief economist Lacey Plache says that early-year momentum in new-vehicle sales nationwide was slowed by disruptions triggered by the Japanese earthquake and other economic headwinds that have hurt consumer confidence.

“Some consumers who deferred purchases earlier this summer are responding to improving vehicle supply and more competitive prices,” said Plache. “But declining economic conditions are keeping other consumers away from dealer lots and will continue to do so at least through the end of the year.”

Edmunds.com also analyzed the slowest-growing new car markets, and while none of the top 50 U.S. markets have regressed in 2011, Detroit has shown the least growth compared to 2010, at just two percent. New York (+3%), Boston (+4%), Miami (+5%) and Providence (+7%) rounded out the bottom five.

For more information visit www.Edmunds.com. To access the original article and chart information click here.

Sponsored Recommendations

Access Carside OEM Repair Data with MOTOR TruSpeed

Now available on all Autel MaxiSYS Ultra Series tools, MOTOR TruSpeed Repair delivers expanded OEM service and repair data within days of being published by

ADAS Case Study: From 10 Calibrations a Month to Over 10 A Day

Originally published by Vehicle Service Pros, March 26, 2024

Autel MaxiTPMS TS900: 3-in-1 TPMS Tablet

Originally published by Tire Review, April 4, 2024

Ask The Expert: The Basics & Benefits of Bringing ADAS Calibrations In-house

Originally published by Vehicle Service Pros, March 26, 2024

Voice Your Opinion!

To join the conversation, and become an exclusive member of Vehicle Service Pros, create an account today!