Autodata Updates Annualized Sales Figures

Autodata Corp. has revised its monthly figures for seasonally adjusted annual rate (SAAR) of U.S. light vehicle sales to reflect the Commerce Dept.'s recalculation late last week of seasonal factors for auto sales.

The changes affect SAAR data from July 2012 through July 2013.

As a result, Autodata reports that vehicle sales ran at a 15.80 million-unit annual pace last month compared with rates of 14.21 million a year earlier and 15.88 million in June 2013. The research group originally estimated SAAR of 15.67 million units for July.