Thanks to an accounting quirk, US Light Vehicle sales were up by 4% YoY compared to August 2021. This positive number comes from a weak 2021 base and an extra selling day, instead of a real recovery of the market, according to an analysis by LMC Automotive* just released. However, actual volumes in the last three months have been flat at ~1.13 million units.
Parked: August US Light Vehicle Sales Still at 1.1M