-
Recent Posts
- UAW Files Unfair Labor Practice Against American Axle
- Stellantis FaSTLAne 2030 Financial Reform Revealed
- Memorial Day Weekend Gas Prices Highest in Four Years
- Chinese Dongfeng Voyah Vehicles Coming to EU Via Stellantis
- Stellantis, Jaguar Land Rover Sign MOU on Tech Development
- Volvo Cars and Google Gemini Add AI Tech
- HondaJet APMG S Upgrade Expands to Mexico
- May 2026 Light Vehicle Production Forecast is Down Again
- Chrysler Recalls Jeep Cherokee Models for PTU Failures
- Coming Soon Chinese-Built Jeeps?
- BMW N.A. Starts Preferred Pricing at IONNA Charging Sites
- Trumped – National Average for Fuel Prices Climbing Yet Again
- First Glance – Acura Hybrid SUV
- BMW Group to Convert Preferred Shares to Common
- California Starts $1 Billion Rebate Program for Electric Trucks
Recent Comments
- Magna International on Magna International Posts Q1 2026 EPS Loss of $0.04
- Council on Foreign Relations on Iran and Strait of Hormuz on AAA – Pump Gasoline Prices Still Soaring
- Autocrat on Stellantis Subordinated Perpetual Hybrid Bonds on Stellantis Posts Full Year 2025 Loss of €22.3B
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
- Porsche Motorsport Daytona Victory on Daytona 24 Hours – Old and New Stars Getting Ready to Run
Archives
Meta
Tag Archives: Patrick Manzi NADA Chief Economist
US October Light Vehicle Sales Drop -23% YoY
Overall vehicle sales were, however, 5% higher than September with the 2 extra selling days in October. The annualized rate grew to 13.1 million units from 12.1 million in the previous month and back to the level registered in August. “However, OEMs sold just 39,000 vehicles per selling day, compared to 40,000 units last month, way down from a peak of 62,000 vehicles in March,” said LMC. Continue reading
NADA Economist Predicts 14.6 Million Light Vehicle Sales
“Looking ahead, we believe that vehicle production will show continued improvement in March. Wards Intelligence expects that 2023 Q1 North American light-vehicle production will grow by 7.3% compared with the first quarter of 2022. This should be good news for continued inventory growth throughout the year. We believe that with more inventory available, new light-vehicle sales will increase in 2023. Our full-year forecast is 14.6 million units,” said Manzi. Continue reading →