There is upside to January’s sales outlook, which could help alleviate excesses, but rising inventory for some vehicles, including electric vehicles, fullsize pickups and SUVs, plus some individual models in other segments, is leading to some Q1 production slowdowns. However, overall inventory remains lean relative to demand, and production for the U.S. market is forecast to continue growing.Click on graph for larger image.
emphasis added
This graph shows actual sales from the BEA (Blue), and Wards forecast for January (Red).
On a seasonally adjusted annual rate basis, the Wards forecast of 15.4 million SAAR, would be down 2.7% from last month, and up 2% from a year ago.
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