U.S. New Auto Sales Should Crash In August Amid Record Low Inventory
August 30, 2021 at 04:55 AM EDT
U.S. new auto sales should decline for the fourth straight month in August. According to the Bloomberg consensus, they are expected to drop to 14.50m(e) SAAR, down from 14.75m in July. It would be the lowest level since June 2020.