December Vehicle Sales Forecast: "Rise Slightly from November"; Annual Sales Down 16% from 2019 - InvestingChannel

December Vehicle Sales Forecast: “Rise Slightly from November”; Annual Sales Down 16% from 2019

From Wards: December U.S. Light-Vehicle Sales Forecast to Rise Slightly from November (pay content)

Vehicle Sales ForecastClick on graph for larger image.

This graph shows actual sales from the BEA (Blue), and Wards forecast for December (Red).

Sales have bounced back from the April low, but will likely be down around 6% year-over-year in December.

The Wards forecast of 15.8 million SAAR, would be up about 2% from November.

This would put annual sales in 2020 down about 16% compared to 2019.

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