- Korea: GDP (Q4); Thailand Auto Sales (Feb)
- Turkey: Capacity Utilization, Business Tendency survey (Mar); South Africa: Tourism & Migration (Jan), Manufacturing Survey (Q1)
- Croatia: Tourism (Jan); Montenegro: Foreign Trade (Feb); Czech Republic: CPI by COICOP (Feb), Registered Employment (Q4); Kazakhstan: Loans & Deposits (Feb); Slovenia: Business Cycle Indicators (Mar); Russia: Employment by Industry (Q4);
- more updates...
Economy in Brief
Texas Factory Sector Activity Remains Strong
The Dallas Fed indicated in its Texas Manufacturing Outlook Survey that the General Business Activity Index eased during March...
EMU Money and Credit Growth Are Less Than Impressive Than Euro-PMIs
EMU nominal money supply growth is slightly higher over three months, but credit growth in the EMU is slower...
Durable Goods Orders Strengthened by Another Jump in Aircraft
New orders for durable goods rose 1.7% (5.0% y/y) during February...
Correction to Unemployment Insurance Weekly Claims
The Department of Labor has issued a correction to yesterday's annual revision to seasonally adjusted weekly unemployment claims...
EMU PMIs Are Off to the Races...Farewell Mediocrity?
The PMI rankings for the manufacturing and service sector PMIs in the EMU are suddenly off the chart...
U.S. New Home Sales Improve While Prices Decline
Sales of new single-family homes increased 6.1% (12.8% y/y) during February to 592,000 units (AR)...
by Tom Moeller October 3, 2016
Total sales of light vehicles during September increased 4.5% (-1.6% y/y) to 17.76 million units (SAAR), and reversed most of August's decline.
Auto sales increased 6.9% to 7.24 million units (-8.3% y/y) following a 4.5% drop. The rise reflected a 7.9% rebound (-8.8% y/y) in domestic car sales to 5.30 million units, following the prior month's 4.8% decline. Imported car sales rose 4.4% (-6.8% y/y) to 1.94 million units, and made up August's 3.7% shortfall.
Sales of light trucks improved 2.9% (3.6% y/y) to 10.51 million units after a 5.3% decline. Domestic light truck sales recovered 3.8% (0.9% y/y) to 8.85 million units after a 6.3% decline. Sales of imported light trucks were off 2.0% (+20.3% y/y) to 1.66 million units following a 0.4% improvement. Truck sales eased m/m to 59.2% of the light vehicle market, but remained up from 55.6% during all of last year.
Imports share of the light vehicle market of 20.3% compared to 19.8% during all of last year. Imports share of the passenger car market of 26.8% compared to 27.1% during all of 2015. Imports share of the light truck market rose to 15.8% from 14.0% last year, though that was lower than the 17.5% peak during May.
U.S. vehicle sales figures are published by Autodata and can be found in Haver's USECON database.
|Light Vehicle Sales (SAAR, Mil. Units)||Sep||Aug||Jul||Sep Y/Y %||2015||2014||2013|