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25 Mar 2024 Contact Us   |   Subscribe
     

Wards Intelligence Alert

March U.S. Light-Vehicle Sales Tracking a Steady Course with Potential Upside

If the March forecast holds firm, the first quarter will total a 15.5 million-unit seasonally adjusted annual rate, down from Q4-2023’s 15.7 million but up from like-2023’s 15.0 million. However, the forecasted steady climb in inventory should put sales in good stead to rise above 16-million-unit annualized rates for most of the remainder of 2024.

 

If the March forecast holds firm, the first quarter will total a 15.5 million-unit seasonally adjusted annual rate, down from Q4-2023’s 15.7 million but up from like-2023’s 15.0 million. However, the forecasted steady climb in inventory should put sales in good stead to rise above 16-million-unit annualized rates for most of the remainder of 2024.

U.S. Light Vehicle Sales & Inventory Forecast, March 2024

U.S. light vehicle sales and inventory forecast by company and by source and vehicle type for March 2024. Includes SAAR (seasonally adjusted annual rates) and days' supply projections.

 

U.S. light vehicle sales and inventory forecast by company and by source and vehicle type for March 2024. Includes SAAR (seasonally adjusted annual rates) and days' supply projections.

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