by Calculated Risk on 1/25/2022 11:55:00 AM
From WardsAuto: January U.S. Light-Vehicle Sales Tracking to 7-Month-High Annualized Rate (pay content)
Low inventories and supply issues continue to impact vehicle sales, but it appears the supply chain disruption bottom is in, and sales are starting to recover.
This graph shows actual sales from the BEA (Blue), and Wards forecast for January (Red).
The Wards forecast of 15.1 million SAAR, would be up about 21% from last month, and down 10% from a year ago (sales were solid in January 2021, as sales recovered from the depths of the pandemic, and weren’t yet impacted by supply chain issues).