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U.S. Auto Sales Mostly Steady In May As Incentive Spending Drops: Deutsche Bank
In a new report out last week Deutsche Bank analysts led by Edison Yu provided an update on the U.S. auto sector, noting that sales in May reached a seasonally adjusted annual rate (SAAR) of 15.7 million units. This figure came in slightly below their estimate of approximately 15.9 million, a result they attributed to a natural moderation following the particularly strong auto buying seen in April. They also pointed out that there may have been some seasonal distortions at play, as the absolute number of vehicles sold in May—1.475 million—still came in higher than the 1.449 million reported in May 2024. The ... (full story)
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- Jun 8, 2025 7:00am Posted byFundamental Analysis261
