by Calculated Risk on 9/01/2022 07:37:00 PM
Wards Auto released their estimate of light vehicle sales for August. Wards Auto estimates sales of 13.18 million SAAR in August 2022 (Seasonally Adjusted Annual Rate), down 1.1% from the July sales rate, and up 0.7% from August 2021.
This graph shows light vehicle sales since 2006 from the BEA (blue) and Wards Auto’s estimate for August (red).
The impact of COVID-19 was significant, and April 2020 was the worst month. After April 2020, sales increased, and were close to sales in 2019 (the year before the pandemic).