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Vehicle Sales Forecast: Vehicle Sales to Increase in January
5 days ago - By Calculated Risk
From WardsAuto: U.S. Light-Vehicle Sales to Rise 5th Straight Month in January; Q1 Forecast for 4% Gain. Brief excerpt: The bottom line is raw volume is growing, albeit slowly, with a forecast year-over-year gain in January, as well as the entire first quarter. Because of the chaos of the past three years, January's upward spike to a 15.6 million-unit seasonally adjusted annual rate from December's 13.4 million is more a result of disruption to typical year-end seasonal trends than a sudden surge in demand.
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