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Economy in Brief

U.S. Vehicle Sales Slipped
by Tom Moeller September 2, 2005

US sales of light vehicles slipped 19.0% m/m to 16.79M last month, according to the Autodata Corporation, as the allure of manufacturers' successful employee price discount programs faded

Sales of US made cars and trucks plummeted 21.8% m/m and fell 1.0% y/y. Truck sales fell nearly one third m/m (-5.0% y/y) and car sales fell 3.6% (+5.3% y/y).

Sales of imported cars & trucks also fell in August by 6.1% m/m (+6.2% y/y).

Light Vehicle Sales (SAAR, Mil. Units) Aug July Y/Y 2004 2003 2002
Total 16.79 20.72 0.4% 16.87 16.63 16.81
  Autos 7.78 8.08 6.8% 7.49 7.62 8.07
  Trucks 9.01 12.65 -4.6% 9.37 9.01 8.74
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