Though up on last year, auto demand levels expected to continue tapering from second quarter results.
On an unadjusted volume level, November US light vehicle sales are expected to advance mildly from the strike impacted levels of October but remain absent of any momentum. S&P Global Mobility projects sales volume of 1.23 million units for November, which would translate to a seasonally adjusted sales rate (SAAR) of 15.5 million units for the month, even with the month-prior level.
“While the end of the UAW strikes provides some potential relief to those automakers impacted, the ever-present affordability concerns remain prevalent for
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