Slim Inventory and High Prices to Cause Dip in January Vehicle Sales
Industry analysts predict U.S. auto retail sales will dip in January as manufacturing slows.
January 27, 2022
Industry analysts predict U.S. auto retail sales will dip in January as manufacturing slows.
January 27, 2022
Combined sales at the seven major automakers that release monthly results dropped 17% in October. Automakers cite the semiconductor chip shortage and supply chain bottlenecks as the reason.
November 4, 2021
U.S. new vehicle retail sales are expected to drop 888,900 units in September, from 1,182,788 a year ago.
September 30, 2021
LMC Automotive expects the semiconductor shortage to cut production in North America by about 452,000 units over the remaining months. The company also expects the chip shortage to impact production by about 1.5 million units.
August 10, 2021
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