May US light vehicle sales
on June 1, 2016 in Uncategorized No Comments
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.