Light Vehicle Sales Fall To Annual Rate Of 16.43 Million In September first appeared on Floating Path.
Autodata reports in its preliminary reading for the month of September that light weight motor vehicle sales were at a seasonally adjusted annual rate of 16.43 million. This is a decrease from the final August reading of a SAAR of 17.45 million as reported by the U.S. Bureau of Economic Analysis.
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The September sales rate is up 7.1% from the same period last year. The 3-month moving average of year over year growth is 7.2%.