There were 1.2 million light-vehicle sales in the United States in October 2013 – this marked an increase of 6 percent from September 2013 and an increase of 10.5 percent over October 2012.
October 2013 YTD figures brought total light-vehicle sales to 12.9 million, up 8.3 percent from a year ago. The October 2013 Seasonally Adjusted Annual Rate* (SAAR) for light-vehicle sales was 15.2 million.
In October 2013 YTD figures, car sales held a market share of 49.4 percent and these sales were up 5.4 percent from a year ago while corresponding figures for light trucks put the light-truck share at 50.6 percent, with sales up 11.2 percent from a year ago. (Read more)
|* SAAR (Seasonally Adjusted Annual Rate) is a term used in the industry to depict the selling rate of vehicles for a particular month. For example, a SAAR rate of 14 million for a particular month indicates that the industry was on pace to sell 14 million vehicles on an annual basis. |