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by Calculated Threat on 5/03/2023 03:53:00 PM
The BEA produced their estimate of car sales for April this morning.
This graph shows weighty truck product sales given that 1967 applying facts from the BEA. The dashed line is the April 2023 seasonally altered once-a-year gross sales rate (SAAR).
Weighty truck gross sales actually collapsed in the course of the wonderful economic downturn, slipping to a reduced of 180 thousand SAAR in May perhaps 2009. Then large truck income improved to a new all-time substantial of 570 thousand SAAR in April 2019.
Simply click on graph for bigger graphic.
Notice: “Weighty vehicles – trucks extra than 14,000 pounds gross auto body weight.”
Major truck revenue ended up at 563 thousand SAAR in April, up from 486 thousand in March, and up 23% from 456 thousand SAAR in April 2022.
Typically, major truck profits decrease sharply prior to a economic downturn. Sales ended up strong in April.
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