Wards estimated light vehicle sales of 15.19 million SAAR in August 2020 (Seasonally Adjusted Annual Rate), up 4.6% from the July sales rate, and down 11.0% from August 2019.
This graph shows light vehicle sales since 2006 from the BEA (blue) and an estimate for August from Wards 2020 (red).
The impact of COVID-19 was significant, and April was the worst month.
Since April, sales have increased, but are still down 11.0% from last year.
The second graph shows light vehicle sales since the BEA started keeping data in 1967.
I’ll have more when the BEA releases their August estimate tomorrow.