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. Gentle-Car Gross sales Proceed 2024 Development of Gradual, Regular Development (pay web site).
Additional confirming as a theme for 2024, progress in Might largely was centered in probably the most inexpensive CUV and automotive segments. Different sectors throughout the first 5 months of 2024 have both recorded sporadic good points or fell into regular decline, together with some, resembling fullsize pickups, which can be coming off prolonged durations of sturdy outcomes. Up to now in 2024, market power is with extra inexpensive small and midsize CUVs and small sedans.
This graph reveals gentle car gross sales since 2006 from the BEA (blue) and Wards Auto’s estimate for Might (crimson).
Gross sales in Might (15.90 million SAAR) have been up 1.0% from April, and up 2.5% from Might 2023.
The second graph reveals gentle car gross sales because the BEA began preserving knowledge in 1967. Gross sales in Might have been on the consensus forecast.