Autos Gross sales Improve to fifteen.9 million SAAR in Could; Up 2.5% YoY

Date:

Share post:

by Calculated Danger on 6/03/2024 06:55:00 PM

Wards Auto launched their estimate of sunshine automobile gross sales for Could: Could U.S. Mild-Car Gross sales Proceed 2024 Development of Sluggish, Regular Development (pay web site).

Additional confirming as a theme for 2024, development in Could largely was centered in probably the most inexpensive CUV and automobile segments. Different sectors throughout the first 5 months of 2024 have both recorded sporadic good points or fell into regular decline, together with some, comparable to fullsize pickups, which can be coming off prolonged intervals of sturdy outcomes. To this point in 2024, market energy is with extra inexpensive small and midsize CUVs and small sedans.

Click on on graph for bigger picture.

This graph reveals gentle automobile gross sales since 2006 from the BEA (blue) and Wards Auto’s estimate for Could (crimson).

Gross sales in Could (15.90 million SAAR) had been up 1.0% from April, and up 2.5% from Could 2023.

The second graph reveals gentle automobile gross sales because the BEA began retaining knowledge in 1967. Vehicle SalesGross sales in Could had been on the consensus forecast.

Related articles

China hits again at Donald Trump with tariffs on US

Unlock the White Home Watch publication without spending a dimeYour information to what the 2024 US election means...

Commerce battle or shade battle?

Unlock the White Home Watch e-newsletter totally freeYour information to what the 2024 US election means for Washington...

Shares erase features after China retaliates towards US

Unlock the White Home Watch e-newsletter without spending a dimeYour information to what the 2024 US election means...

“Lowest calendar year home price growth of any year since 2011”

by Calculated Danger on 2/03/2025 11:49:00 AM At present, within the Actual Property Publication: ICE Mortgage Monitor: “Lowest calendar...