by Calculated Risk on 5/26/2022 12:42:00 PM
From WardsAuto: May U.S. Light-Vehicle Sales to Fall from April, But Q2 Still Expected to Improve on Q1 (pay content). Brief excerpt:
This graph shows actual sales from the BEA (Blue), and Wards forecast for May (Red).
The Wards forecast of 13.4 million SAAR, would be down about 6% from last month, and down 20% from a year ago (sales were solid in May 2021, as sales recovered from the depths of the pandemic, and weren’t yet significantly impacted by supply chain issues).