by Calculated Risk on 11/02/2021 06:29:00 PM
Wards Auto released their estimate of light vehicle sales for October. Wards Auto estimates sales of 12.99 million SAAR in October 2021 (Seasonally Adjusted Annual Rate), up 6.8% from the September sales rate, and down 20.8% from October 2020.
This graph shows light vehicle sales since 2006 from the BEA (blue) and Wards Auto’s estimate for October (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).