Wednesday, October 28, 2020

October Vehicle Sales Forecast: Unchanged Year-over-year

by Calculated Risk on 10/28/2020 11:32:00 AM

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

Vehicle Sales ForecastClick on graph for larger image.

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

Sales have bounced back from the April low, and will likely be unchanged year-over-year in October.

The Wards forecast of 16.8 million SAAR, would be up about 3% from September.

This would put sales in 2020, through October, down about 17% compared to the same period in 2019.