|
YTD sales are down 2%. Monthly sales figures are meaningless; part of the noise. The auto industry is expecting a pullback after several years of above trend sales and decreasing vehicles:drivers social behavior partly due to population shift to cities and the increase of rise sharing, Uber, Lyft, etc. No one is saying the pullback is a depression or recession. Just a drop back to regroup and gather fresh steam to accelerate in 2022 or 2023.
|