Auto assemblies drop in November
Posted By:
Tom Sanderson
Date Posted:
Tuesday, December 28, 2010
8:00 AM
U.S. assemblies of autos and light trucks decreased to a seasonally adjusted level of 7.37 million in November from 8.00 million in October. Seasonally adjusted assemblies had been averaging 8 million annually for several months before the November drop off. 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