FYI: With Fiat-Chrysler USA, Ford, and GM reported, we now have auto sales figures for ~45.8% of the US auto industry for the month of May. Below, we show our tracker for sales. We use seasonal adjustment factors and current market share reported to update the estimate for final sales that we are tracking as manufacturers report throughout the day. At this point, sales are tracking a 16.84mm SAAR versus the 17.2mm SAAR estimate from economists. That said, it’s still early, and we’ll have to wait and see more brands report before we can be confident what the final number will be.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/chrysler-surges-ford-plunges-but-auto-sales-currently-tracking-a-beat/Ford Truck Sales Increase 9% Y/Y In May:
While Auto sales have been a bit of a disappointment so far this morning, Ford did manage to post good numbers in its sales of F-Series trucks. During the month of May, the company reported monthly sales of 67,412 F-series trucks, which was up 9% relative last May’s raw total. As shown in the chart, though, while sales in May were up relative to last year, they are still down from levels in 2014 and 2013.
https://www.bespokepremium.com/think-big-blog/ford-truck-sales-increase-9-yy-in-may/
