Thursday, April 26, 2018

Vehicle Sales Forecast: Sales Around 17 Million SAAR in April

by Bill McBride on 4/26/2018 05:48:00 PM

The automakers will report April vehicle sales on Tuesday, May 1st.

Note: There were 24 selling days in April 2018, down from 26 in April 2017.

From WardsAuto: U.S. Light-Vehicle Forecast: April Sets Stage for Strong Q2

The Wards Intelligence forecast calls for U.S. automakers to deliver 1.35 million light vehicles in April. ... The report puts the seasonally adjusted annual rate of sales for the month at 17.1 million units, below last month’s 17.4 million but slightly above year-ago’s 17.0
emphasis added
It appears April will be another solid month.  So far sales in 2018 are running at about the same rate as in 2017.