Preview: U.S. New Vehicle Sales Should Rebound In December

U.S. new vehicle sales should rebound in December after dropping to a 3-month low. According to the Bloomberg consensus, they should rise to 15.73m(e) SAAR, up from 15.55m in November.


Preview: U.S. New Vehicle Sales - December


However, three specialists I’m following closely, are betting on a upward surprise:


1- Industry consultants J.D. Power and LMC Automotive saidThe seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is expected to be 16.4 million units, down 500,000 units from 2019.


2- In the meantime, TrueCar, Inc notedTotal new vehicle sales will reach 1,605,101 units in December 2020, down 6.5% from a year ago, when adjusted for the same number of selling days. This month’s seasonally adjusted annualized rate (SAAR) for total light vehicle sales is an estimated 16.2 million units.


3- Finally, Wards Intelligence expects sales to reach 15.8 million SAAR in December.



Share on facebook
Share on twitter
Share on linkedin
Share on print
Share on email

Get in touch

If you would like to conduct an interview, call me for a conference, contribute to the blog, or for any other request, you can contact me directly. You will also find the contact details of Market Securities if you would like to receive their research offer (dedicated to institutional investors).