2022 US Auto sales fall to a decade low
2022 US Auto sales fall to a decade low. Due to tight inventories and severe supply chain problems, light vehicle sales in the United States fell to their lowest level since 2012. According to Automotive News, 13.4 million light-vehicle units were sold in the United States in 2022. This data includes all automakers that have reported their sales data to date, except for a few such as Mercedes-Benz, Porsche, and Jaguar Land Rover, which are expected to report later this week. The U.S. light vehicle sales were 14.9 million units in 2021. The seasonally adjusted annual rates (SAARs) for December…