BEA: January Vehicles Sales increased to 16.8 Million SAAR

The BEA released their estimate of January vehicle sales this morning. The BEA estimated light vehicle sales of 16.84 million SAAR in January 2020 (Seasonally Adjusted Annual Rate), up 1.2% from the December sales rate, and up 0.8% from January 2019. Light vehicle sales in 2019 were revised down slightly to 16.95 million, down 1.5% from 17.21 million in 2018. Click on graph for larger image. This graph shows light vehicle sales since 2006 from the BEA (blue) and an estimate for January 2020 (red). A small decline in sales last year isn't a concern - I think sales will move mostly sideways at......(read more)

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