U.S. light-vehicle sales hit a big bump in August, casting a shadow over how well the rest of the year will do. So far, the expected summer blowout hasn’t happened. August sales came in well below expectation, at a seasonally adjusted annual rate (SAAR) of 16.5 million, compared with July’s forecast of 17.2 million and year-ago’s 17.9 million. Sales volume totaled 1.425 million, for a daily selling rate over the month’s 25 selling days of 56,981, 5.6% below year-ago’s 60,330 – 27 ...
Premium Content (PAID Subscription Required)
"August U.S. Sales Drop 5.6% From Year-Ago" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.