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    Manufacturers/End Users

    September 11, 2024

    US light-vehicle sales show mixed movements in August

    Written by David Schollaert

    US light-vehicle (LV) sales improved to an unadjusted 1.42 million units in August, up 7.6% from a year ago, the US Bureau of Economic Analysis (BEA) reported. Despite the year-on-year (y/y) boost, domestic LV sales declined 4.5% month on month (m/m).

    On an annualized basis, LV sales were 15.1 million units in August, down from 15.8 million units the month prior, disappointing the consensus forecast of 15.4 million units.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

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