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Houston-area new vehicles sales increased 27.3 percent in March ’21 compared to March ’20. Dealers sold 30,177 vehicles in March ’21, the highest in 15 months, and up 6,480 vehicles from March ’20, according to TexAuto Facts, published by InfoNation, Inc. of Sugar Land. Truck/SUV sales jumped 27.9 percent, and car sales rose 28.8 percent.
The average retail price for a new vehicle was $42,289 in March ’21, up 10.6 percent from $38,237 in March ’20. The truck/SUV segment—which accounted for 74.8 percent of new vehicles sold during the month—carried an average sales price of $45,260, up 5.5 percent from $42,761 one year ago. The average price for a new car rose 3.6 percent, from $32,391 in March ’20 to $33,568 in March ’21.
Prepared by Greater Houston Partnership Research
Heath Duran
Manager, Research
713-844-3654
hduran@houston.org
Patrick Jankowski, CERP
Senior Vice President, Research
713-844-3616
pjankowski@houston.org
Houston-area auto dealers sold 30,177 new vehicles in March '21
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