The Partnership sends updates for the most important economic indicators each month. If you would like to opt-in to receive these updates, please click here.
Estimated Read Time: 1 minute
Houston-area dealers sold 347,252 cars, trucks, and SUVs in the 12 months ending August ’24, a minimal increase over the 347,242 sold over the comparable period in ‘23, according to TexAuto Facts, published by InfoNation, Inc. Car sales dropped 2.5 percent and truck and SUV sales rose 0.7 percent.
Both the 12-month total and year-to-date sales have declined compared to '23.
Weaker sales have put downward pressure on prices.
Trucks and SUVs accounted for 79.2 percent of all new vehicles sold in August and cars for 20.8 percent.
Prepared by Greater Houston Partnership Research
Patrick Jankowski, CERP
Chief Economist
Senior Vice President, Research
pjankowski@houston.org
Leta Wauson
Research Director
lwauson@houston.org
Cars, trucks, and SUVs sold in Houston in the 12 months ending Aug. '24