April registered record breaking sales for the month, topping the record set in 2005. The sales recovery in April indicates that seasonal factors suppressed March sales and the industry still has room to grow.
With sales falling below analyst's expectations in March, SAAR dipped below 17M for the first time in 10 months. However, even with a weaker SAAR, sales still registered a 3% lift over last year. We expect stronger sales in April.
Where is the used car market heading? What should dealers know about trade-ins in 2016?
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US Auto Industry Sales: 13 Month Comparison
Market Share by Manufacturer is the percentage of industry sales for the months indicated for each manufacturer displayed.