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SAAR Returns to 17M on Stronger May Sales

SAAR Returns to 17M on Stronger May Sales

U.S. dealers sold slightly fewer new vehicles last month than in May of 2018, but the annual forecast increased to 17.4 million units — thanks in no small part to strong fleet sales.

June 4, 2019

Sales Down 2.3% in April, SAAR Falls Below 17 Million

Sales Down 2.3% in April, SAAR Falls Below 17 Million

The annual forecast for U.S. light-vehicle sales fell to 16.41 million as volume fell 2.3% year-over-year in an April that was expected to bring the year’s first gain following an underwhelming first quarter.

May 2, 2019

Tesla Sales Fall 31% in Q1, Stock Follows

Tesla Sales Fall 31% in Q1, Stock Follows

Shares of Tesla Inc. fell by 9% following an underwhelming first-quarter sales report, but executives say they have the demand and capital they need to meet their 2019 production goals.

April 4, 2019

March Sales Down 3.1% as SAAR Soars

March Sales Down 3.1% as SAAR Soars

The U.S. new-vehicle sales forecast improved to 17.42 million units in March, but sales fell 3.1% year-over-year against slowing demand fueled by higher interest rates, prices, and payments and reduced incentive spending.

April 3, 2019

Perfect Storm

Perfect Storm

Industry Summit’s executive panel convened to discuss and debate the effects of Hurricane Harvey, the status of the used-car and subprime markets, the GM mandate, and the digitization of the F&I process.

December 4, 2017

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