-
May Auto Sales: Stability After Spring Rebound
Canadian auto sales fell 0.6% month-over-month to 1.89 mn units at a seasonally adjusted annualized rate (SAAR) in May based on data from Omdia (chart 1). The monthly selling rate has trended in the 1.85–1.9 mn range since February, an improvement from the three months to January when sales averaged 1.75–1.8 mn but still below the 2 mn rate a year ago. The improvement in light vehicle sales this Spring has been supported by car sales which have increased an average 9% each month (SA) since February to the highest level in a single month since early 2024, which has been partially offset by light truck sales that ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From omfif.org|3 hr agoThe same day in May that President Donald Trump flew to Beijing for the first state visit to China of his second term, Bristol Myers Squibb inked a deal worth $15.2bn with Jiangsu ...
From investinglive.com|3 hr agoThe export beat is likely to draw attention from trade-sensitive markets and trading partners already watching China's external position closely. The acceleration from April's ...
From morningstar.com|3 hr agoFrom everything investors are told, it makes no sense that gold (GC00) would fall so much in the midst of the Iran war, which is now 100 days old. Since Feb. 27, the day before ...
-
- Newer Stories
From @FirstSquawk|1 hr 39 min ago|11 commentsTrump states that the pilots who went down near the Strait of Hormuz are safe. Trump states that Iran’s economy is struggling and says it must come to an agreement. Could have an idea on Iran by one or two days now - Trump
From cnbc.com|1 hr 4 min agoChina’s trade growth held up better than expected in May, as surging AI-related exports helped buffer the economy against disruption from the Iran war. Exports rose 19.4% from a ...
- Story Stats
- Jun 8, 11:01pm | 2 hr 15 min ago Posted byFundamental Analysis57
- 1 traders viewing now
