NADA DATA 2008
In 2008, the nation’s franchised new car dealers sold 13.2 million units, down 18% from 2007. Sales in all vehicle segments declined with the exception of the lower small segment, which grew 7%. The top-selling car and truck of the year were the Toyota Camry and Ford F-Series, with sales of 436,617 and 515,513, respectively. In 2008, car sales represented 53% of industry sales.
Motor vehicle sales in the U.S. account for more than 18% of total retail sales. NADA estimates that dealers generate in excess of $20 billion in annual sales tax revenue from the sale of vehicles. This revenue is an important part of the budgets for state and local governments across the country.