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Economy in Brief

U.S. Vehicle Sales Up Modestly
by Tom Moeller December 2, 2005

According to the Autodata Corporation, November US sales of light vehicles recovered most of the prior month's decline with a 6.7% m/m rise to 15.74M. The increase, however, failed to recoup the decline during the prior three months. As a result, the average of sales so far during 2005 is about equal to all of 2004.

Sales of US made cars & trucks improved 8.6% m/m. Domestic truck sales rose 11.8% (-11.8% y/y) while car sales rose a lesser 4.8% (2.6% y/y).

Sales of imported cars & trucks rose a modest 0.2% m/m (-3.3% y/y) as sales of imported trucks rose 0.8% (-8.5% y/y) and imported auto sales fell slightly (-0.5% y/y).

Import's share of the US light vehicle market slipped m/m to 21.2%.

Light Vehicle Sales (SAAR, Mil. Units) Nov Oct Y/Y 2004 2003 2002
Total 15.74 14.75 -5.5% 16.87 16.63 16.81
  Autos 7.56 7.32 1.7% 7.49 7.62 8.07
  Trucks 8.18 7.42 -11.3% 9.37 9.01 8.74
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