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Car sales continue to soften from the highs of last year. And May sales unchanged from April would mean no contribution to growth this month: U.S. Light Vehicle Sales increase to 17.4 million annual rate in May by Bill McBrideBased on a preliminary estimate from WardsAuto, light vehicle sales were at a 17.37 million SAAR in May (Preliminary estimate excluding Jaguar Land Rover and Volvo).That is down about 1.5% from May 2015, and up slightly from the 17.32 million annual sales rate last month.
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Car sales continue to soften from the highs of last year. And May sales unchanged from April would mean no contribution to growth this month: U.S. Light Vehicle Sales increase to 17.4 million annual rate in May by Bill McBrideBased on a preliminary estimate from WardsAuto, light vehicle sales were at a 17.37 million SAAR in May (Preliminary estimate excluding Jaguar Land Rover and Volvo).That is down about 1.5% from May 2015, and up slightly from the 17.32 million annual sales rate last month.
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WARREN MOSLER considers the following as important: Uncategorized
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Car sales continue to soften from the highs of last year.
And May sales unchanged from April would mean no contribution to growth this month:
U.S. Light Vehicle Sales increase to 17.4 million annual rate in May
by Bill McBride
Based on a preliminary estimate from WardsAuto, light vehicle sales were at a 17.37 million SAAR in May (Preliminary estimate excluding Jaguar Land Rover and Volvo).
That is down about 1.5% from May 2015, and up slightly from the 17.32 million annual sales rate last month.
