Data Did You Know: In March 2022, auto and light truck sales dropped to 13.3 million at a seasonally adjusted annual rate, according to NADA Market Beat. That’s below the February rate of 14 million, and far below the March 2021 figure of 17.6 million units. The problem is supply and not demand, as supply-chain issues have limited the number of available vehicles.
In March 2022, auto and light truck sales dropped to a seasonally adjusted annual rate of 13.3 million.
Bruce is the Audience Insights Manager at Babcox Media.
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