U.S. November Auto Demand: SAAR Down to 17.48m as Expected from Hurricane Normalization Effect

November U.S. Auto Demand Update: Nissan Figures up SAAR to 17.53m from 17.48m on Initial Release

Consumer Discretionary / Industrials

Henry Kwon

Thematic (Sector/Industry)

United states Automobiles / Thematic (Sector/Industry)

<p>As we get ready to head off to the Thanksgiving holidays in the U.S., we should expect to see a post-hurricane normalization pattern to U.S. SAAR in November.  The actual details will become available in the first week of December, but industry sources expect to see unadjusted November sales to reach 1.3-1.4m units.  This should bring SAAR to low to mid 17m unit range, showing a downward pattern from October.   What this would mean is that the author's current expectations for a FY17 SAAR of…</p>

As we get ready to head off to the Thanksgiving holidays in the U.S., we should expect to see a post-hurricane normalization pattern to U.S. SAAR in November.  The actual details will become available in the first week of December, but industry sources expect to see unadjusted November sales to reach 1.3-1.4m units.  This should bring SAAR to low to mid 17m unit range, showing a downward pattern from October.   What this would mean is that the author's current expectations for a FY17 SAAR of…

U.S. November Light Vehicle Sales Outlook: Expect Continuing Post Hurricane Normalization