RSS Feed by Calculated Risk on 2/22/2022 06:33:00 PM
Tuesday, February 22, 2022
February Vehicle Sales Forecast: Decrease to 14.2 million SAAR
From WardsAuto: Volume Up But February’s U.S. Light-Vehicle SAAR Set to Decline from January (pay content)
Supply issues continue to impact vehicle sales, but it appears the supply chain disruption bottom is in.
This graph shows actual sales from the BEA (Blue), and Wards forecast for January (Red).
The Wards forecast of 14.2 million SAAR, would be down about 6% from last month, and down 11% from a year ago (sales were solid in February 2021, as sales recovered from the depths of the pandemic, and weren't yet impacted by supply chain issues).
