Car sales for November came in at a higher-than-expected 15.54 million units, which represents a 8.7% increase from October and a 14.7% increase from November of last year (see chart). Here are some other highlights: 1. November car sales were … read more
With the Top 7 automakers all reporting their November sales, Ward’s Auto is estimating that light vehicle sales in November will be 15.47 million units (SAAR), which will be the highest monthly sales total since February 2008.
From Comerica Bank this morning: Comerica Bank’s Michigan Economic Activity Index ( a composite index based on seven individual variables) surged ahead by 2.0 points in July, rising to a level of 107.9 (see chart above). The July index reading … read more
Based on new vehicle sales during the first three weeks of this month, Ward’s Auto announced on Friday that it is predicting light vehicle sales during the full month of September to increase by 10.7% over last year and reach … read more
As predicted several weeks ago by J.D. Power based on the first 16 selling days of August, U.S. new car sales did reach a four and-a-half year high last month. Slightly more than 14.5 million units were sold in August … read more
Based on new vehicle sales during the first 16 selling days of this month, J.D. Power and Associates is predicting sales during the full month of August to increase by 20% over last year and reach the highest monthly sales … read more