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

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    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.

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