Auto Sales

Auto sales refer to the number of vehicles sold in the United States by both domestic and foreign automakers. The reading is reported each month and generally compared on a year-over-year and month-to-month basis. In a positive auto market, you obviously want to see growth. Auto sales are generally dependent on the strength of the economy—namely the jobs market, consumer confidence, and the level of interest rates. The low financing costs we have seen during the past few years have helped to drive up the demand for autos due to the cheap carrying costs. Steady job creation has also helped to beef up the auto market.

As long as interest rates don’t rise too fast, auto sales should perform fine as we move into 2015. Investment guru Warren Buffett’s fund Berkshire Hathaway, Inc. (NYSE/BRK-B) added a majority stake in the Van Tuyl Group, which is the fifth-largest auto dealership group in the country. Buffett is positive on the auto sector.

Big benefactors of the growth in auto sales have been General Motors Company (NYSE/GM) and Ford Motor Company (NYSE/F)—the two largest automakers in the country. In September, auto sales were sizzling, with General Motors and Chrysler recording sales growth of 19.4% and 18.8%, respectively. The annualized growth in September was 16.43 million vehicles, up from an annualized 15.43 million a year earlier in September, according to Autodata.


On Tuesday, June 2, 2015, auto manufacturers reported their sales in the U.S. for the month of May. In total, there were 1.64 million vehicles sold during the month, a 1.6% increase year-over-year. Annualizing the data, U.S. auto sales are…

Between the first quarter of 2012 and the second quarter of 2014, auto sales in the U.S. economy have increased 16%. (Source: Federal Reserve Bank of St. Louis web site, last accessed August 21, 2014.) And auto sales this year…

Growth in the U.S. economy, as it stands, can be explained with one word. That word is “mirage.” The Merriam-Webster dictionary explains the word mirage as “something that is seen and appears to be real but that is not actually…

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All of a sudden, auto sales are declining… Auto sales in the U.S. economy declined to an annual rate of 15.4 million units in December. In November, this number stood at 16.41 million units—a decline of more than six percent.…

Auto sales in the U.S. economy look solid on the surface. According to Autodata, in November, the annual rate of auto sales in the U.S. economy was 16.41 million units. In October, the annual rate of auto sales was reported…