Annual sales volume of 13.7 million units in 2022 is the worst performance since 2011.
US Light Vehicle sales totaled 1.28 million units in December, according to LMC Automotive, a GlobalData Company. This translates to a year-over-year (YoY) gain of 7.2%, with the same number of selling days as in December 2021. However, the results were nothing to boast about – in every year between 2014 and 2020, December sales were at 1.5 million units or above. A combination of ongoing problems with the availability of vehicles and unfavorable economic conditions are keeping the market relatively subdued.
The December selling
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