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The rebound in vehicle sales in the United States is expected to continue in November and December


Via Wards on light vehicle sales in the United States (closed)

Abstract

  • Due to the usual vacation-related factory downtime, in addition to the downtimes and slowdowns that will always be caused by ongoing supply chain disruptions, vehicle production for the U.S. market will weaken enough in the process. December so that inventories are likely to decline after increasing in November. However, growth is expected to continue in Q1-2022.

Forecast for November is sales of 13.6 million SAAR

  • up around 4.7% from October
  • down 14% year-on-year (due to strong sales in November 2020 as sales increased during the recovery)

Wards is wary of supply chain disruptions, saying that while sales are expected to increase, stocks will be depleted.

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