August Vehicle Sales Forecast: 11% Year-over-year Decline

From Wards: U.S. Light Vehicle Sales & Inventory Forecast, August 2020 (pay content)

Vehicle Sales ForecastClick on graph for larger image.

This graph shows actual sales from the BEA (Blue), and Wards forecast for August (Red).

Sales have bounced back from the April low, but are still down sharply year-over-year.

The Wards forecast of 15.2 million SAAR, would be up 4.7% from July, and down 11% from August 2019.

This would put sales in 2020, through August, down about 20% compared to the same period in 2019.