April Autos Gross sales elevated to 18.51 Million SAAR; Highest Since 2005

by Calculated Threat on 5/04/2021 08:54:00 AM The BEA launched their estimate of sunshine automobile gross sales for April this morning. The BEA estimates gross sales of 18.51 million SAAR in April 2021 (Seasonally Adjusted Annual Price), up 3.1% from the March gross sales fee, and up greater than double from April 2020.  This was


by Calculated Threat on 5/04/2021 08:54:00 AM

The BEA launched their estimate of sunshine automobile gross sales for April this morning. The BEA estimates gross sales of 18.51 million SAAR in April 2021 (Seasonally Adjusted Annual Price), up 3.1% from the March gross sales fee, and up greater than double from April 2020. 

This was the best gross sales fee since 2005.

This was above the consensus estimate.

Click on on graph for bigger picture.

This graph exhibits mild automobile gross sales since 2006 from the BEA (blue) and the BEA’s estimate for April (purple).

The impression of COVID-19 was vital, and April 2020 was the worst month.

Since April 2020, gross sales have elevated are actually up in comparison with 2019.   

Gross sales-to-date are up 1.9% in comparison with the identical interval in 2019.

The second graph exhibits mild automobile gross sales for the reason that BEA began retaining information in 1967.

Vehicle SalesWord: dashed line is present estimated gross sales fee of 18.51 million SAAR.

Gross sales in April have been positively impacted by the American Rescue Plan Act.



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