With June’s lost sales expected to be recouped in July, this month’s deliveries could surge to a 3-year-high seasonally adjusted annual rate, currently pegged at 16.6 million units. Because of widespread production slowdowns in July due to normal vacation and model-changeover downtime, inventory will decline from June’s 2.82 million units but will total the highest for the month since 2019.
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U.S. Light-Vehicle Inventory Ends June at Highest Level Since November 2020
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The Analyst Team
Haig Stoddard
Follow AnalystPrincipal Analyst, Forecast & Markets
Haig has followed the auto industry for over three decades, starting as a reporter and editor for Wards Automotive Reports, then transitioning to an automotive market analyst. He analyzes market trends related to new-vehicle demand, production, and powertrain take-rates, and forecasts vehicle connectivity and automation levels
Haig focuses on tying together demand, vehicle production, and powertrain trends. He also has created and co-created several of the company’s current analytical outputs related to forecasts, plant capacities, product cycle plans, market segmentation, and future vehicle propulsion reports. Currently, he supports the Wards Intelligence database and produces regularly scheduled and custom subscription-based posts tied to North American production, sales analysis, forecasts, and general global market analysis. He also is working on projects to help expand the company’s coverage of future trends by creating vehicle-based forecasts related to factory-installed equipment, such as ADAS and mobility.
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