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Economy in Brief

U.S. Light Vehicle Sales Ease
by Tom Moeller  July 1, 2016

Total sales of light vehicles during June declined 4.5% versus May (-2.0% y/y) to 16.66 million units (SAAR), the lowest level in three months.

Auto sales fell 5.0% to 6.76 million units (-11.2% y/y). The decline reflected a 4.1% fall (-10.1% y/y) in domestic car sales to 4.95 million units. Imported car sales declined 7.3% to 1.81 million (-14.0% y/y).

Sales of light trucks declined 4.2% to 9.90 million units (+5.5% y/y). Sales of imported light trucks fell 6.9% to 1.66 million units (+22 .7% y/y). Domestic light truck sales declined 3.6% to 8.24 million units (+2.6% y/y). Truck sales edged up to 59.4% of the light vehicle market.

Imports share of the light vehicle market of 20.8% compared to 19.8% during all of last year. Imports share of the passenger car market of 26.7% compared to 27.1% during all of last year. Imports share of the light truck market eased to 16.8%.

U.S. vehicle sales figures are published by Autodata and can be found in Haver's USECON database.

Light Vehicle Sales (SAAR, Mil. Units) Jun May Apr Jun Y/Y % 2015 2014 2013
Total 16.66 17.45 17.42 -2.0 17.42 16.52 15.59
 Autos 6.76 7.12 7.06 -11.2 7.72 7.92 7.77
  Domestic 4.95 5.16 5.11 -10.1 5.63 5.68 5.48
  Imported 1.81 1.95 1.95 -14.0 2.09 2.24 2.30
 Light Trucks 9.90 10.33 10.36 5.5 9.69 8.60 7.82
  Domestic 8.24 8.55 8.73 2.6 8.33 7.51 6.74
  Imported 1.66 1.78 1.63 22.7 1.37 1.09 1.08
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