Automobiles Gross sales Improve to fifteen.9 million SAAR in Might; Up 2.5% YoY

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by Calculated Threat on 6/03/2024 06:55:00 PM

Wards Auto launched their estimate of sunshine car gross sales for Might: Might U.S. Mild-Automobile Gross sales Proceed 2024 Pattern of Gradual, Regular Development (pay web site).

Additional confirming as a theme for 2024, development in Might largely was centered in probably the most reasonably priced CUV and automotive segments. Different sectors in the course of the first 5 months of 2024 have both recorded sporadic features or fell into regular decline, together with some, equivalent to fullsize pickups, which might be coming off prolonged durations of robust outcomes. To this point in 2024, market energy is with extra reasonably priced small and midsize CUVs and small sedans.

Click on on graph for bigger picture.

This graph exhibits gentle car gross sales since 2006 from the BEA (blue) and Wards Auto’s estimate for Might (pink).

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

The second graph exhibits gentle car gross sales for the reason that BEA began maintaining knowledge in 1967. Vehicle SalesGross sales in Might had been on the consensus forecast.

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