@shellwoolen2
Strong upward revisions to sales numbers in January and February of 11% and 6% respectively imply that light vehicle sales were down by -1.8% m/m in March on a seasonally adjusted basis to cap off the first quarter of 2023. Nevertheless, auto sales in Canada continue to show a recovery as they averaged 1.64 mn (saar) units in Q1 2023, up 5.1% q/q (sa) from Q4 and 4.6% ytd (nsa) versus 2022 but are still -14.2% ytd (nsa) below 2019 sales levels. CAP related to any Guest’s use of any CAP Service from a Guest, an Agent, a Participating Dealer or an OEM; including, without limitation, certain non-Personal Information about vehicle purchases (such as a vehicle make, the vehicle model and model year, purchase date and price paid or capital cost of lease), Personal Information related to Guests, and related matters. We do not charge a fee for our consumer credit service. Our outlook for US auto sales is 15.4 mn in 2023 as low inventories, elevated rates, and weak consumer sentiment pose headwinds, and forecast sales to pick up to 16.2 mn in 2024 and 17.0 in 2025 as these headwinds ease. Th is c on tent was generated with GSA C onte nt Generator Demoversion!
