Light vehicle sales are lagging growth in the economically active population of the U.S., portending stronger pentup demand.
WardsAuto is sticking to a U.S. light-vehicle sales forecast of 14.5 million units for 2012, even though May’s results put a scare into the industry with its below-trend seasonally adjusted annual rate of 13.7 million LVs. As long as the economy continues growing and, more specifically, as long as employment and consumer confidence continue rising, sales should maintain an upward trajectory. Furthermore, evidence is building demand could return sooner than expected to the 16 ...
Premium Content (PAID Subscription Required)
"U.S. LV Sales Forecast Remains at 14.5 Million Despite May Slowdown" 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.