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Home » Auto sales cool in August, marking potential tailwind

Auto sales cool in August, marking potential tailwind

SAAR landed at 15.2M units on inventory build

Joey PizzolatobyJoey Pizzolato
September 6, 2023
in Sales & Marketing
Reading Time: 3 mins read
0
Variety of new cars ready for sale on a dealer lot

© Can Stock Photo / welcomia

Auto sales slowed in August but remained healthy, marking a potential tailwind for the automotive industry as OEMs work to rebuild supply.   The seasonally adjusted annualized rate (SAAR) clocked in at 15.2 million units, marking a “healthy market,” Noah Yosif, an economist at the National Association of Federally Insured Credit Unions (NAFCU), told Auto Finance […]

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Tags: auto salesFederal Reserveincentive spendingPremiumSAAR
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