Tuesday, June 4, 2019

U.S. May Auto Sales

Solid U.S. new care sales increase in May:

From Mike's latest report:

Auto loans were up $0.4B to $435B a new high.  Auto loans have risen 21 weeks in a row for a total of $12B. The growth rate increased by one-tenth to 3.3% YoY.  This is the fastest in 2 years.