The jump in U.S. light-vehicle sales was higher than expected in May, besting April’s total by 13% on a daily-rate basis (each month with 26 selling days) and trailing year-ago by just 31%. The performance marked the lowest year-over-year decline since September 2008. May’s 35,500-unit daily selling rate also was the highest since September. May’s volume of 923,346 light vehicles broke a 7-month streak of sub-900,000-unit sales. However, last month was the ninth straight in which U.S. ...
Premium Content (PAID Subscription Required)
"U.S. Market Enjoys Higher Than Expected Bounce in May" 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.