Latest News

August Vehicle Sales Forecast: "Light-Vehicle Sales to Continue Downward Spiral"

0

by Calculated Risk on 8/24/2021 05:53:00 PM

From WardsAuto: JAugust U.S. Light-Vehicle Sales to Continue Downward Spiral (pay content)

Low inventories and supply issues (microchips) are impacting sales.

Click on graph for larger image.

This graph shows actual sales from the BEA (Blue), and Wards forecast for August (Red).

The Wards forecast of 14.1 million SAAR, would be down about 4% from last month, and down 7.5% from a year ago (sales were recovering in July 2020 from the depths of the pandemic).

August 24th COVID-19: Cases Might be Peaking

Previous article

MBA: Mortgage Applications Increase in Latest Weekly Survey

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News