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October 2017 U.S. LV Sales Thread: Industry Hit 18.0 Million SAAR
U.S. automakers to report 1.35 million light-vehicle sales in October.
2 Min Read
OCTOBER 2017 US LV SALES
FORECAST v REPORTED | UNITS |
|---|---|
WardsAuto Forecast LV Sales | 1.31 million |
October Actual LV Sales | 1.35 million |
WardsAuto Forecast LV SAAR | 17.5 million |
October Actual LV SAAR | 18.0 million |
WardsAuto tracks light-vehicle (LV) deliveries throughout sales reporting day. Monthly year-over-year change represents the change in daily sales rate (DSR). October had 25 selling days this year compared with 26 days in 2016, meaning DSR % change will be higher than straight volume % change for year-over-year comparisons this month.
Related Table
U.S. Light Vehicle Sales Summary table
SUMMARY:
Another month ended well beyond expectations, as replacement sales and inventory clear-out boosted the daily sales rate to a 15-year high.
U.S. automakers sold 1.35 million vehicles in October, resulting in a daily sales rate of 53,945, 2.6% above prior-year.
A 18.00 million SAAR was ahead of year-ago’s 17.80 million and behind prior-month’s exceptionally high 18.48 million mark.
General Motors reached an 18.7% market share. Next was Ford, regainging the No. 2 spot with a 14.4% share. Toyota came in close behind, grabbing a 14.0%, followed by FCA with 11.3%. Honda's market share came in at 9.9%. Nissan accounted for 9.1% of the market.
Year-to-date, 14.15 million LVs have been sold, down 1.8% from like-2016.
NOTE: Above figures include estimates for BMW, which could not report today.
UPDATE 1:25PM ET
Daimler sold 31,552 light vehicles, gaining 3.2% on October 2016.
Kia saw a 5.7% drop in sales on 44,397 deliveries.
UPDATE 12:15PM ET
Volkswagen-brand sales totaled 27,732 units, increasing DSR 16.4%.
Audi also saw a big jump, up 14.0% on 19,425 deliveries.
Subaru sold 54,045 LVs, gaining 4.6% on year-ago.
UPDATE 11:00AM ET
Toyota posted 188,434 units, up 5.2% in DSR.
Nissan jumped 12.7% on 123,012 deliveries.
Honda recorded a 5.0% gain to 127,353 LVs.
UPDATE 10:30AM ET
Ford's daily sales rate rose 10.2%, selling 194,368 LVs in the month.
UPDATE 10:00AM ET
General Motors reported 252,813 LV sales in October, resulting in a 1.7% gain in daily sales.
FCA's LV sales dropped 9.8% on 151,959 units.
