- Japan: Index of Business Conditions (Feb-Final), Electric Power Generated (Jan)
- Spain: Services Sector Activity, New Orders and Turnovers (Feb)
- Finland: PPI, Domestic Supply Prices (Mar)
- US: NABE Business Conditions Survey (Q1)
- Indonesia: Non-Oil and Gas Trade (Feb); Taiwan: Labor Market (Mar)
- Egypt: IP (Feb)
- more updates...
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by Tom Moeller November 1, 2016
Total sales of light vehicles during October increased 3.0% (0.6% y/y) to 18.29 million units (SAAR) according to Autodata, and added to September's 4.5% gain. The latest level was the strongest since July 2005.
Pacing the increase was a 4.9% rise (7.4% y/y) in sales of light trucks to 11.02 million units after a 2.9% gain. Sales of imported light trucks increased 5.6% (10.3% y/y) to 1.76 million units following a 2.0% decline. Domestic light truck sales gained 4.7% (6.9% y/y) to 9.27 million units after a 3.8% rise. Truck sales increased m/m to 60.2% of the light vehicle market, up from 55.6% during all of last year.
Auto sales nudged 0.3% higher to 7.27 million units (-8.2% y/y) following a 6.9% jump. Imported car sales rose 0.8% (-6.8% y/y) to 1.96 million units, adding to September's 4.4% improvement. Domestic car sales gained 0.1% (-8.7% y/y) to 5.31 million units, following the prior month's 7.9% jump.
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 27.0% compared to 27.1% during all of 2015. Imports share of the light truck market rose to 15.9% from 14.0% last year, though that was lower than the 17.5% peak in 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)||Oct||Sep||Aug||Oct Y/Y %||2015||2014||2013|