Last Update: 06-Dec-18 18:08 ET
U.S. light vehicle sales were at a seasonally adjusted
annual rate (SAAR) of 17.40 million units in November versus a SAAR of
17.49 million units in October. The November run rate was down 0.7% from
the SAAR of 17.52 million units for November 2017.
- Total domestic sales decreased to 13.49 million SAAR
from 13.58 million SAAR in October.
- On a seasonally adjusted basis, domestic auto sales for November decreased to a SAAR of 4.01 million from a SAAR of 4.30 million in October. The sales rate was 11.5% below the year-ago period.
On a seasonally
adjusted basis, domestic truck sales increased 2.2% to 9.48 million SAAR in
October from 9.28 million SAAR in October. The sales rate was 6.0% above the
BMW -0.7% yr/yr
- Fiat Chrysler +16.8% yr/yr
- Ford -7.1% yr/yr
- Honda -9.5% yr/yr
- Hyundai-Kia +1.1% yr/yr
- Mercedez-Benz USA -3.7% yr/yr
- Nissan North America -18.7% yr/yr
- Subaru +9.8% yr/yr
- Tesla estimated +416.7% yr/yr
- Toyota Motor -0.6% yr/yr
VW Group of America
- Overall vehicle sales were held back by weak passenger car
- According to Automotive News, this November marked the
first year-over-year decline in sales in November since 2009.
- Rising rates, higher selling prices, and reduced
incentives created demand headwinds.
- According to ALG data cited by Automotive News, average
incentive spending per new vehicle was estimated to have declined 3.4%
year-over-year to $3,672.
|Domestic Light Vehicles
|Total Light Vehicles (incl imports)