by Calculated Risk on 5/03/2022 09:33:00 PM
Wards Auto released their estimate of light vehicle sales for April. Wards Auto estimates sales of 14.29 million SAAR in April 2022 (Seasonally Adjusted Annual Rate), up 6.9% from the March sales rate, and down 21.9% from April 2021.
This graph shows light vehicle sales since 2006 from the BEA (blue) and Wards Auto’s estimate for April (red).
The impact of COVID-19 was significant, and April 2020 was the worst month. After April 2020, sales increased, and were close to sales in 2019 (the year before the pandemic).