Autos Gross sales Enhance 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 car gross sales for Could: Could U.S. Gentle-Automobile Gross sales Proceed 2024 Pattern of Sluggish, Regular Development (pay web site).

Additional confirming as a theme for 2024, progress in Could largely was centered in probably the most inexpensive CUV and automotive segments. Different sectors through the first 5 months of 2024 have both recorded sporadic positive aspects or fell into regular decline, together with some, resembling fullsize pickups, which might be coming off prolonged durations of robust outcomes. Thus far in 2024, market power is with extra inexpensive small and midsize CUVs and small sedans.

Click on on graph for bigger picture.

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

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

The second graph reveals gentle car gross sales for the reason that BEA began preserving information in 1967. Vehicle SalesGross sales in Could have been on the consensus forecast.

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