by Calculated Risk on 3/01/2022 07:24:00 PM
Wards Auto released their estimate of light vehicle sales for February. Wards Auto estimates sales of 14.07 million SAAR in February 2022 (Seasonally Adjusted Annual Rate), down 6.3% from the January sales rate, and down 11.7% from February 2021.
This graph shows light vehicle sales since 2006 from the BEA (blue) and Wards Auto’s estimate for February (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).