Read BofA's Take On U.S. Light Vehicle Sales
December 28 2021 - 1:02PM
Benzinga
- BofA analyst John Murphy sees U.S.
light-vehicle sales down ~20% year-over-year in December on a
selling day adjusted basis yielding a seasonally adjusted
annualized rate of 12.9 million vehicles.
- Murphy said that the expected weak performance reflects
depressed sales due to the ongoing supply shock.
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