by Calculated Risk on 12/03/2025 01:33:00 PM
The BEA reported that light vehicle sales were at 15.6 million in November on a seasonally adjusted annual basis (SAAR). This was up 2.0% from the sales rate in October, and down 5.6% from November 2024.
Click on graph for larger image.
This graph shows light vehicle sales since 2006 from the BEA (blue) through October (red from Omdia).
Vehicle sales were over 17 million SAAR in March and April as consumers rushed to “beat the tariffs”.
Then sales were depressed in May and June.
Sales were boosted in August and September due to the termination of the EV credit at the end of September.
The second graph shows light vehicle sales since the BEA started keeping data in 1967.
Sales in November were slightly above the consensus forecast of 15.4 million SAAR.
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