by Calculated Risk on 11/24/2021 03:43:00 PM
From WardsAuto: U.S. Light-Vehicle Sales to Continue Growth in November; More Strength Likely in December (pay content)
Low inventories and supply issues continue to impacting vehicle sales, but sales are bouncing back.
Click on graph for larger image.
This graph shows actual sales from the BEA (Blue), and Wards forecast for November (Red).
The Wards forecast of 13.6 million SAAR, would be up about 4.7% from last month, and down 14% from a year ago (sales were solid in November 2020, as sales recovered from the depths of the pandemic).
Wards also expects sales to increase further in December. It appears the supply chain disruption bottom is in.
