by Threat calculated on 03/10/2022 18:37:00
Automated quarters printed their estimate of sunshine car gross sales for September. Wards Auto estimates gross sales at SAAR 13.49 million in September 2022 (seasonally adjusted annual price), up 2.3% from the August gross sales price and 9.8% from September 2021.
This chart reveals gentle car gross sales since 2006 from the BEA (blue) and Wards Auto estimate for September (crimson).
The impression of COVID-19 was important and April 2020 was the worst month. After April 2020, gross sales elevated and have been near 2019 gross sales (the yr earlier than the pandemic).
Nevertheless, gross sales declined late final yr attributable to provide points. It appears just like the “backside of the availability chain” was September 2021.
The second graph reveals gentle car gross sales for the reason that BEA started conserving knowledge in 1967. Gross sales in September have been in step with the SAAR consensus forecast of 13.5 million.