Among the top automakers, Ford will take market share from the two sales leaders in 2022-23, while increases at smaller volume players, including Mazda, Mercedes, Tesla and Volkswagen Group, plus inroads from battery-electric startups, also will nip at GM and Toyota.
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U.S. Market Snapshot: Toyota Could Retain Sales Lead Over GM in 2022
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December U.S. Light-Vehicle Sales Record Second Straight Sequential Decline in SAAR; 2021 Volume Totals 14.9 Million Units
Report / 04 Jan 2022 / Haig Stoddard
In a year when volume could have topped 17 million units if not for dried-up inventory, U.S. light-vehicle sales capped off 2021 with a Q4 annualized rate of 12.8 million units, down from Q3’s 13.4 million and first-half 2021’s 16.9 million.
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December U.S. Light-Vehicle Inventory Rises to 5-Month High
Report / 05 Jan 2022 / Haig Stoddard
The biggest inventory need is with traditional passenger vehicles among cars, CUVs and minivans, for both personal-use and fleet customers – put another way, it’s affordable mainstream vehicles that are lacking most in availability.
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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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