Looks like another small decrease as the deceleration continues:
By Bill McBride
June 24 (Calculated Risk Blog) — The automakers will report June vehicle sales on Friday, July 1st.
Note: There were 26 selling days in June, up from 25 in June 2015.
From WardsAuto: Forecast: June Sales to Reach 11-Year High
A WardsAuto forecast calls for U.S. automakers to deliver 1.57 million light vehicles this month.
The expected daily sales rate of 60,314 over 26 selling days represents a 2.5% improvement from like-2015 (25 days), with total volume for the month rising 6.6%.
The report puts the seasonally adjusted annual rate of sales for the month at 17.3 million units, shy of last month’s 17.37 million SAAR, but ahead of the current 3-month SAAR (17.0 million) and the year-to-date SAAR through May (17.2 million).
The seasonally adjusted annualized rate (SAAR) for total light vehicle sales in June is an estimated 17.2 million units, up from 17 million units a year ago.
Looks like another strong month for vehicle sales.
Read more at http://www.calculatedriskblog.com/#Hjzw6i0mUYk2as6A.99