Excess inventories and a stubborn economy, no matter how well it does for the remainder of the year, likely will keep fourth-quarter U.S. light-vehicle sales flat with year-ago, while the pressure to keep strong incentives will remain high. Sales are forecast at a 16.8 million seasonally adjusted annual rate (SAAR) for the fourth quarter, the same as prior year’s. Including Ward’s estimate for September of 17.2 million, that would leave the year at 16.7 million, compared with 16.6 million ...
Premium Content (PAID Subscription Required)
"4Q U.S. Sales Likely Flat With Year-Ago; No Relief for Inventories" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.