Vehicles Sales Increase to 15.8 million SAAR in July

The BEA released their estimate of light vehicle sales for July this morning.

Click on graph for larger image.

This graph shows light vehicle sales since 2006 from the BEA (blue) and BEA's estimate for July (red).

Sales in July (15.82 million SAAR) were up 4.2% from June, and down 0.8% from July 2023.

Sales in July were below the consensus forecast of 16.2 million.

The second graph shows light vehicle sales since the BEA started keeping data in 1967.