Vehicle Volume

Annualized seasonally adjusted US auto sales hit 17.8 million last month, despite recent stock market gyrations. It was the single best month since 07/05, with the average transaction price hitting $33,543, 3.4% higher Y-o-Y, on booming pickup/cross-over/minivan/SUV sales, which were 56.4% of all August sales. YTD Lamborghini sales are up 3.3% to 504, Rolls Royce sales are up 2.8% to 760, while Ferrari sales rose a paltry 0.7% to 1,406.