The fourth largest June decline in US vehicle sales on record highlights a consumer that is pulling back following this spring’s tariff font-running binge.
Total vehicle sales plunged by 13.9% (NSA), which is far weaker than the 4.5% decline that is average for this sixth month of the year.
Read further insights in our regular report on US Vehicle Sales
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Disclaimer:Jon Vialoux is a registered Associate Portfolio Manager at CastleMoore Inc. Comments and opinions offered in this website are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered in this report is believed to be accurate, but is not guaranteed. |
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