Latest News

February Vehicle Sales Forecast: Decrease to 14.2 million SAAR


by Calculated Risk on 2/22/2022 06:33:00 PM

From WardsAuto: Volume Up But February’s U.S. Light-Vehicle SAAR Set to Decline from January (pay content)

Supply issues continue to impact vehicle sales, but it appears the supply chain disruption bottom is in.

Click on graph for larger image.

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

The Wards forecast of 14.2 million SAAR, would be down about 6% from last month, and down 11% from a year ago (sales were solid in February 2021, as sales recovered from the depths of the pandemic, and weren’t yet impacted by supply chain issues).

Earnings Results: Palo Alto Networks stock rallies as outlook hiked once again following earnings beat

Previous article

Asia-Pacific markets rise as investors watch deepening Ukraine crisis; New Zealand dollar jumps

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News