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How Are Foreign Automakers’ Stocks Faring in August?

John Parker
How Are Foreign Automakers’ Stocks Faring in August?

According to Autodata, US auto sales stood at a SAAR (seasonally adjusted annual rate) of 16.77 million units in July 2018 as compared to 16.78 million units in July 2017. In the first half of 2018, US light vehicle sales rose 1.9% YoY (year-over-year) to 8.61 million vehicle units with the help of continued strength in SUV and truck sales.