Steel Markets
June 21, 2017
US Vehicle Sales and NAFTA Vehicle Production through May 2017
Written by Peter Wright
Vehicle sales in the U.S. averaged 17.1 million units at a seasonally adjusted annual rate (SAAR) per month in the first five months of 2017, down from 18.1 million in Q4 2016. March, April and May sales were each below 17.0 million units SAAR for the first time since June last year. In May, light truck sales were unchanged at 10.5 million, but autos declined from 6.4 to 6.2 million.
Figure 1 shows auto and light truck sales since January 2004.
