Friday, September 25, 2020

September Vehicle Sales Forecast: 5% Year-over-year Decline

by Calculated Risk on 9/25/2020 04:43:00 PM

From Wards: U.S. Light Vehicle Sales & Inventory Forecast, September 2020 (pay content)

Vehicle Sales ForecastClick on graph for larger image.

This graph shows actual sales from the BEA (Blue), and Wards forecast for September (Red).

Sales have bounced back from the April low, but are still down year-over-year.

The Wards forecast of 16.2 million SAAR, would be up 6.6% from August, and down 5.2% from September 2019.

This would put sales in 2020, through September, down about 18% compared to the same period in 2019.