by calculated risk October 23, 2024 05:44:00 PM
From WardsAuto: US light vehicle sales forecast for October, 4th quarter expected to start with slight increase (Paid content). A brief excerpt:
Total sales in the fourth quarter are expected to be 4.13 million units, 6.0% higher than the same period last year’s 3.89 million units, but sales will be suppressed due to labor-related strikes at three automakers that reduced inventory. Ta.
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 October (in red).
On a seasonally adjusted annual basis, the district expects sales to reach SAAR 15.9 million, an increase of 0.8% month-on-month and 3.6% year-on-year.