at Calculated Risk on 10/23/2024 05:44:00 PM
From WardsAuto: October US Light-Vehicle Sales Forecast to Start Q4 with Small Gain (pay content). Letter excerpt:
The fourth quarter is forecast to total 4.13 million units, 6.0% above year-ago’s 3.89 million, which was tamped down because of labor-related strikes at three automakers that pared inventory
emphasis added
Click on graph for larger image.
This graph shows actual sales from the BEA (Blue), and Wards forecast for October (Red).
On a seasonally adjusted annual rate basis, the Wards forecast of 15.9 million SAAR, would be up 0.8% from last month, and up 3.6% from a year ago.