USA - Light truck sales hit new record in July
Early indications are that light truck sales in July hit 716,973, which was 20.4% higher than the 595,362 of July 1998. The growth rate is the highest achieved in the sector since the opening two months of 1994, and that was achieved when the sector was just embarking on its sustained and remarkable rise. That took growth for the first seven months of 1999 to 10.3% with sales rising to 4,825,750 from 4,373,609. That means sales in the first seven months were almost at the level achieved for the whole of 1992.
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