by Calculated Risk on 2/01/2022 05:52:00 PM
Wards Auto released their estimate of light vehicle sales for January. Wards Auto estimates sales of 15.04 million SAAR in January 2022 (Seasonally Adjusted Annual Rate), up 20.9% from the December sales rate, but down 10.4% from January 2021.
This graph shows light vehicle sales since 2006 from the BEA (blue) and Wards Auto’s estimate for January (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).