by Calculated Risk on 7/02/2022 09:00:00 AM
Wards Auto released their estimate of light vehicle sales for June. Wards Auto estimates sales of 13.00 million SAAR in June 2022 (Seasonally Adjusted Annual Rate), up 2.5% from the May sales rate, and down 16.0% from June 2021.
This graph shows light vehicle sales since 2006 from the BEA (blue) and Wards Auto’s estimate for June (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).