The recent falloff in the SAAR from summer highs could mean more consumers are reaching price fatigue. It also could be that some of the stronger selling segments – especially fullsize trucks – of the past two-plus years are closer than other segments to meeting the pent-up demand built up since the inventory drain caused by the semiconductor shortage began in early 2021. Of course, there also has been a rise in distractions over that period, locally and internationally.

U.S. light vehicle sales and inventory forecast by company and by source and vehicle type for November 2023. Includes SAAR (seasonally adjusted annual rates) and days' supply projections.