October Vehicles Sales: 17.5 Million

The BEA released their estimate of October vehicle sales. The BEA estimated sales of 17.51 million SAAR in October 2018 (Seasonally Adjusted Annual Rate), up 0.5% from the September sales rate, and down 2.0% from October 2017. Through October, light vehicle sales are on pace to be mostly unchanged in 2018 compared to 2017. This would make 2018 the fifth best year on record after 2016, 2015, 2000, and 2017. Click on graph for larger image. This graph shows annual light vehicle sales since 1976.   Source: BEA. Sales for 2018 are estimated based on the pace of sales during the......(read more)

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