Higher than the 17.7M estimate
Autodata says that Dec. light vehicle sales SAAR (seasonally adjusted annualized rate) came in at 17.85M units. That was higher than the 17.7M estimate. However, total industry unit deliveries fell -5.2%.
- Sales pace for the year totaled 17.23 million units
- The >17M pace for the year - when coupled with the previous 2 years - is the first time the sales pace has been greater than 17M for 3 straight years.
- Sales were less than the 17.6 pace from 2016.