In the first half of 2025, the new light vehicle market experienced some surprising shifts. Subcompact car sales rose sharply—up 50.5% overall and 94.5% in Q2—driven by growth in the Fiat 500E and strong sales of the Mitsubishi Mirage and Nissan Versa, despite historically low volumes.
Small pickups and vans also performed well, with sales increasing 38.7% and 38.1% respectively.
In contrast, luxury passenger cars dropped 46.9%, intermediate cars fell 33.6%, and the sport segment declined 18.9%, though Q2 was stronger than Q1.
Light trucks continued their long-term growth trend, rising 7.0% to 852,000 units, while passenger car sales dropped 3.1% to 124,000 units.

Wholesale Auction Market Sees First Year-Over-Year Decline Since 2022, but EV Sales Surge
Wholesale auction sales totaled 540,200 vehicles in June, down 1.9% year-over-year—the first annual decline since December 2022—though year-to-date sales remain up 5.7% compared to 2024.
Used Vehicle Prices Rise in June Amid Tariff Volatility; EV Values Rebound, Retail Sales Mixed
Wholesale used-vehicle prices rose in June, with the Manheim Used Vehicle Value Index (MUVVI) increasing 1.6% over May and 6.3% year over year, driven partly by seasonal adjustments amid tariff-related market volatility.