by Calculated Risk May 24, 2024 8:12 AM
WardsAuto says: U.S. light vehicle sales in May trended at the same annualized rate as April (Paid content). Excerpt:
May sales could well beat expectations, depending on how well holiday marketing attracts additional buyers. Second-quarter sales are expected to be 15.9 million units (SAAR), up 1% from the same period last year.
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This chart shows BEA’s actual sales (in blue) and Wards’ forecast for May (in red).
On a seasonally adjusted annualized basis, Wards’ forecast is for SAAR 15.8 million, up 0.4% from the previous month and 1.8% from a year ago.
