by Calculated Danger on 9/04/2024 05:55:00 PM
Wards Auto launched their estimate of sunshine car gross sales for August: August U.S. Gentle-Car Gross sales Rise 4%, Ending Two Straight Declines (pay website).
Progress was stable in August regardless of the interval’s outcomes equaling a 7-month-low SAAR. Nevertheless, after rising 3.4% year-over-year within the first 5 months of 2024, demand over the three months since then has been almost flat. Calendar-year 2024 gross sales via August totaled 10.5 million models, 2.2% above like-2023’s 10.3 million.
Click on on graph for bigger picture.
This graph reveals gentle car gross sales since 2006 from the BEA (blue) and Wards’ estimate for Augus (pink).
Gross sales in August had been under the consensus forecast of 15.4 million.
The second graph reveals gentle car gross sales for the reason that BEA began conserving information in 1967. 
