U.S. sales are headed for their weakest month in more than two years in terms of the seasonally adjusted annual rate (SAAR), although May still is forecast to remain strong by historical standards. Ward's is projecting the month at a 16.09 million SAAR, compared to 16.61 million the prior month and 17.12 million in May 2000. The danger in forecasting May — as in several recent months — is the uncertainty over how big a role incentives and other key factors will play. The upward impact of ...
Premium Content (PAID Subscription Required)
"May U.S. Sales to Continue Downward Trend; Inventory Down 2.5%" 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.