According to Wards Auto World, the current Seasonally Adjusted Annual Rate (SAAR) for Light Vehicles is 12.5%.
Chrysler’s volume January – September was up 22.9% from 816,824 a year ago to 1,004,123.
That’s a lot of imports from Detroit.
GM’s volume January to September was up 16.3% from 1,634,884 a year ago to 1,902,150 by end of September 2011.
The light vehicle market is one of the markets most heavily served by PMPA member shops, and the Big Three mentioned above are particularly important indicators for our industry:
64 % of US production was from these three companies through September.
FYI recent SAAR:
- 2007- 16.1 million
- 2008- 13.8 million
- 2009- 11.9 million
- 2010- 11.55 million
This year’s additional 1.2 million is helping to keep many precision machining shops busy.