by calculated risk September 26, 2024 04:19:00 PM
From WardsAuto: US light vehicle sales forecast for September, although sales volume will decrease, SAAR will be the highest in 9 months (Paid content). A brief excerpt:
If the September forecast holds true, sales for the third quarter will be down 1.8% from the same period last year. However, the number of deliveries from October to December is expected to increase by 7.4% compared to 2023 due to two additional sales days compared to the same period last year, and the total number of deliveries in 2024 will be 15.5 million units in 2023. It is expected that sales will increase from 2009 to 15.9 million units.
Emphasis added
Click on the graph to see a larger image.
This graph shows BEA’s actual sales (in blue) and the district’s forecast for September (in red).
On a seasonally adjusted annual basis, the district expects sales to reach SAAR 16.1 million, an increase of 6.4% month-on-month and 2.1% year-on-year.