Seasonally adjusted auto assemblies drop in August
Posted By:
Tom Sanderson
Date Posted:
Friday, September 17, 2010
6:49 PM
U.S. assemblies of autos and light trucks fell to a seasonally adjusted level of 7.70 million in August from 8.38 million in July. July was somewhat unusual as the normal July auto assembly plant shut downs were not as pervasive as normal. In fact, non adjusted assemblies rose significantly between July and August. Our graph is a 3-month moving average of the seasonally adjusted annualized sales, and shows strong growth for 2010, but still very depressed levels compared to historical assembly volumes.
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Categories:
Auto sales and assemblies