NADA reports new light-vehicle sales down 24.9% from a year ago to a SAAR of 12.7 million units due to limited new-vehicle inventory resulting from microchip shortage; NADA projects June sales to improve, expects solid year for US dealers due to demand

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June 6, 2022 (press release) –

New light-vehicle sales fell 12.6% in May 2022 to a SAAR of 12.7 million units, and were down 24.9% from May 2021.

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