U.S. light-vehicle sales hit a long-time high on a seasonally adjusted annual sales basis in June, and kept the industry streak of year-over-year gains alive at 34 months, according to WardsAuto.
After tracking at a 15.3 million-unit SAAR through the first five months, sales spiked to a 15.9 million rate last month, largely on the back of pent-up demand for large pickups. The SAAR was the highest in 67 months and the best for June since 16.4 million in 2006, WardsAuto reported.
Sales of cross/utility vehicles and small cars also outdid the industry average, but the year-over-year surge was rooted mostly in fullsize-pickup demand, according to WardsAuto.
June LV sales totaled 1.397 million units for a daily rate of 53,742, 13.2% above year-ago’s 47,454 (26 selling days this year, 27 in like-2012). It was the strongest year-over-year gain since 14.9% in November, WardsAuto reported.
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