U.S. Light Duty Vehicle Sales Plunge 36.7% in November

December 3rd, 2008

Via: Green Car Congress:

Total US sales of light-duty vehicles (LDV) plunged 36.7% in November from November 2007 to 746,789 units, according to figures from Autodata. There were 25 selling days in November 2008 and November 2007. Year-to-date, total LDV sales are down 16.3% from 2007.

Sales of passenger cars dropped 36.5% year-on-year, while sales of light trucks dropped 36.9% year-on-year. The market share of new light trucks in November pushed back up to 51.9%—the highest level since February. Year-to-date passenger car sales are down 8.3%, while year-to-date truck sales are down 23.4%.

Research Credit: bozomind

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