Back to news
US auto sales rate plunges in May after pre-tariff rush fades - TradingView
@Source: tradingview.com
The U.S. light vehicle sales rate slumped in May by the most in about five years following a rush by auto shoppers during the previous two months to beat anticipated price hikes stoked by President Donald Trump's tariffs on imported automobiles.
Wards Intelligence on Tuesday reported the seasonally adjusted annual rate of light vehicle sales plunged to 15.65 million units last month from a revised 17.25 million in April and 17.83 million in March. May's drop in the SAAR of about 1.6 million was the largest since the onset of the COVID-19 pandemic in April 2020.
Related News
05 Apr, 2025
Sam Thompson shares cryptic love post af . . .
25 Mar, 2025
Hotel worker stole £900 gifted to newlyw . . .
20 Mar, 2025
In last-minute maneuver, Boston’s White . . .
05 Jun, 2025
Business News | Navigating the New Age J . . .
29 Mar, 2025
Mickalene Thomas Draws Us Into Her Livin . . .
19 Feb, 2025
Ukraine goes all out to woo young people . . .
14 May, 2025
Liverpool's Jeremie Frimpong chase takes . . .
19 Mar, 2025
Gwyneth Paltrow Reacts to Filming Sex Sc . . .