Thursday , 28 March 2024

Tag Archives: car sales

Keep on Truckin’ – April SUV & Truck Sales UP 11%, Car Sales DOWN 5%

Last month Americans bought 1.5 million vehicles, a 3.6% bump from a year ago, establishing a new record for April and eclipsing the old mark set 11 years ago for a seasonally adjusted annualized pace of 17.4 million vehicles. That puts automakers on track for a second consecutive annual sales record and resultant strong profits could cause investors to pile into the stocks of major auto makers. Words: 537

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