auto sales Archive

Will Falling Auto Sales Lead to Falling Home Sales?

Americans have been cutting back on vehicle purchases in 2017 after having reached a 17.8 million annualized pace in the fourth quarter of last year. The purchases were running 4% and 6% lower in first and second quarter of...

Auto Sale Rebound Continues

The auto industry suffered a steep decline at the onset of recession in 2008.  Autos and light truck sales fell from 17 million to 10 million.  But the latest sales data of 14.5 million annualized vehicle sales in August...

Strong Auto Sales Rebound

The auto industry suffered a steep decline at the onset of the recession in 2008. The graph below shows vehicle sales with the blue bar chart showing home sales. Autos and light truck sales fell from 17 million to...

Michigan and Auto Sales Recovery

Michigan has not fared well in the past decade.  The state experienced not a one or two-year economic recession like most states, but ten straight years of economic depression-like conditions.  However, several recent data releases are pointing toward a...