After sifting through the returns from their dealers that supply real time transactional data , Edmunds now projects a Seasonally Adjusted Annual Rate (SAAR) of 11.9 million vehicles, for June, just a smidgen higher than May’s 11.8 million. Edmunds sees 1,093,000 new cars change hands, which would be 11.2 percent more than June 2010. A week ago, Edmunds was still hoping for a 12.3 million SAAR, “if the month ends strong.” Looks like it is not ending as strong as hoped. (Read More…)
Recent Comments