RSS Feed by Calculated Risk on 10/28/2020 11:32:00 AM
Wednesday, October 28, 2020
October Vehicle Sales Forecast: Unchanged Year-over-year
From Wards: U.S. Light Vehicle Sales & Inventory Forecast, October 2020 (pay content)
Click on graph for larger image.
This graph shows actual sales from the BEA (Blue), and Wards forecast for October (Red).
Sales have bounced back from the April low, and will likely be unchanged year-over-year in October.
The Wards forecast of 16.8 million SAAR, would be up about 3% from September.
This would put sales in 2020, through October, down about 17% compared to the same period in 2019.
