by Calculated Threat on 12/20/2024 02:45:00 PM
From WardsAuto: December U.S. Gentle-Automobile Gross sales Brighten Lackluster 12 months; Unusually Excessive Drain on Stock (pay content material). Temporary excerpt:
Improved affordability is the primary thrust to the end-of-year enchancment in demand, with larger shopper confidence additionally possible a contributing issue. However uncertainty over subsequent 12 months may very well be pulling gross sales into December, as some customers may very well be anticipating costs to rise relying on the extent of tariff will increase or the chance that EV credit will likely be eradicated.
emphasis added
Click on on graph for bigger picture.
This graph exhibits precise gross sales from the BEA (Blue), and Wards forecast for December (Crimson).
On a seasonally adjusted annual fee foundation, the Wards forecast of 16.7 million SAAR, could be up 1.2% from final month, and up 4.9% from a 12 months in the past.
