by Calculated Risk on 5/03/2011 04:10:00 PM
Tuesday, May 03, 2011
Click on graph for larger image in graph gallery.
Based on an estimate from Autodata Corp, light vehicle sales were at a 13.17 million SAAR in April. That is up 17% from April 2010, and up 0.8% from the sales rate last month (March 2011).
This graph shows the historical light vehicle sales (seasonally adjusted annual rate) from the BEA (blue) and an estimate for April (red, light vehicle sales of 13.17 million SAAR from Autodata Corp).
The second graph shows light vehicle sales since the BEA started keeping data in 1967.
Note: dashed line is current estimated sales rate.
This was above the consensus estimate of 13.0 million SAAR.
Note: The Japanese supply chain disruptions will impact sales over the next several months and I expect sales to be below this level for the next 6 months or so.