FYI: We like to track sales of pickup trucks as they are often a sign of strength or weakness in the small business and construction sectors. These types of businesses are the most common users of these vehicles, so sales of trucks provide a good barometer for how these industries are doing. In April, Ford truck sales continued to motor along with total sales of 70,774. Without taking into account changes in the calendar from year to year, this April’s total sales of Ford trucks was the strongest since 2005. While this is a decade high, in the ten year period from 1996 through 2005, total sales for April were routinely above current levels.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/strong-april-for-ford-truck-sales/Chart of the Day: April Auto Sales Tracking A Rebound:
Analysts are expecting a big rebound of about 1mm (seasonally adjusted annual rate) in auto sales this month. Below we chart our tracking of the sales rate for the month of March as it evolved throughout the day last month.
https://www.bespokepremium.com/chart-of-the-day/chart-of-the-day-april-auto-sales-tracking-a-rebound/
