US September Auto Sales Projected Down -25%

US Light Vehicle Sales Outlook – September 2021. Courtesy LMC Automotive

Ken Zino of AutoInformed.com on US September ’21 Auto Sales Projected Down

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“The mismatch between strong consumer demand and constrained inventory is leading to higher vehicle prices. In September 2021, average transaction prices are expected reach an all-time high of $42,802, the fourth consecutive month over $40,000,” said Thomas King, president of the data and analytics division at J.D. Power. This begs the question, AutoInformed opines, are automakers about to face another costly affordability crisis?

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