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24 Jan 2024 Contact Us   |   Subscribe
     

Wards Intelligence Alert

January U.S. Light-Vehicle Sales Lukewarm; Unusually Strong Increase to Inventory Expected

There is upside to January’s sales outlook, which could help alleviate excesses, but rising inventory for some vehicles, including electric vehicles, fullsize pickups and SUVs, plus some individual models in other segments, is leading to some Q1 production slowdowns. However, overall inventory remains lean relative to demand, and production for the U.S. market is forecast to continue growing.

 

There is upside to January’s sales outlook, which could help alleviate excesses, but rising inventory for some vehicles, including electric vehicles, fullsize pickups and SUVs, plus some individual models in other segments, is leading to some Q1 production slowdowns. However, overall inventory remains lean relative to demand, and production for the U.S. market is forecast to continue growing.

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

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

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