2018 Economic Calendar
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Motor Vehicle Sales  
Released On 5/1/2018 For Apr, 2018
PriorConsensusConsensus RangeActual
Total Vehicle Sales17.5 M17.2 M16.8 M to 17.6 M17.2 M
Domestic Vehicle Sales13.7 M13.0 M13.0 M to 13.5 M13.2 M

Highlights
Vehicle sales in April couldn't quite match March, coming in at an as-expected and very solid 17.2 million annualized pace which however is short of March's very strong 17.5 million. The results point to a healthy dollar total for vehicle sales in April's retail sales report but not to a monthly gain. Sales of imports did rise in the month, to a 4.0 million pace from 3.7 million, but sales of domestic-made vehicles fell back to 13.2 million from 13.7 million.

Consensus Outlook
Vehicle sales in April, at a consensus 17.2 million annualized rate, are expected to not quite match March's pop higher to 17.5 million. Still, 17 million or better would point to a solid rate for consumer spending in general.

Definition
Unit sales of motor vehicles include domestic sales and foreign sales, otherwise referred to as imports. Domestics are sales of autos produced in the U.S., Canada, and Mexico. Imports are U.S. sales of vehicles produced elsewhere. These are for light vehicles which include all passenger cars and light trucks up to 14,000 pounds gross weight (including minivans and sport utility vehicles). Individual manufacturers usually report sales on the first business day of the month. One of the first tabulators of the data is Autodata Corporation. Motor vehicle sales are good indicators of trends in consumer spending and often are considered a leading indicator at business cycle turning points. One should note that manufacturers do not break out vehicle sales to businesses, which are a smaller but still significant percentage of the monthly total.  Why Investors Care
 
 

2018 Release Schedule
Released On: 1/32/13/14/35/16/17/38/19/510/211/112/4
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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