Domestic Auto & Light Truck Sales

FMI Data Analysis July 5

written by Michael Lewis on July 05, 2016

Vehicle Sales disappointed in June; as in March, much of the shortfall came in fleet sales. At the halfway point, 2016 sales are unlikely to break the long-standing record set in 2000, in part because of the surging popularity of ride-sharing services (which, among other things, are beginning to shift consumption to services from goods/autos). Regardless, the vehicle sector and the consumer remain in good shape.