Compared to July 2021, sales fell by 11.6% – only January’s decline of 10.2% was better thus far in 2022. However, last July was hampered by the chip shortage. Since 2000, this July was only better than the period of the Great Recession in 2008-2011. Year-to-date, sales stand at 7.91 million units, down by 17.3% YoY.