Total Light Vehicle Sales Increase 11.4% in May, Autodata Reports
The industry SAAR jumped to 16.77 million units, up from last May’s 15.48 million-unit rate and last month’s 16.04 million-unit SAAR.
The industry SAAR jumped to 16.77 million units, up from last May’s 15.48 million-unit rate and last month’s 16.04 million-unit SAAR.
The weather cleared in time to drive up April sales by 4.1% from a year ago. April’s SAAR was 16.04 million, up from March’s SAAR but down from a year ago.
As a preferred website provider for Mitsubishi Motors North America, Haystak now offers website solutions at special rates to Mitsubishi‘s 382 U.S. dealers through its HAYSTAK KORE360 platform.
The spring thaw helped new-vehicle sales rebound in March, with the seasonally adjusted annual rate rising from last March’s 15.3 million rate to 16.4 million.
Vehicle OEMs are hopeful for a sales rebound after winter storms pushed down sales in late January. According to Autodata, both the industry SAAR and total sales were down from a year ago.
December sales were in line with last year’s total, while annual sales increased nearly 8% to 15.6 million units.
The 2014 Land Rover Range Rover was named by Edmunds.com as the fastest selling car in in November. The list contains several other familiar names, including the Chevrolet Corvette and Jeep Cherokee.
Manufacturers attribute the drop in the SAAR to fewer selling days in September and Labor Day sales being included in August sales totals. One manufacturer attributes the drop to troubles in Washington, D.C.
The conspiracies affected more than $5 billion in automobile parts sold to U.S. car manufacturers, and more than 25 million cars purchased by American consumers, the Department of Justice announced.
The U.S. Department of Justice settled a lawsuit filed against the former Union Mitsubishi of Los Angeles. The suit claimed the dealer charged non-Asian customers higher interest rate markups.
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