I know, it was cold in January…

And the inventory to sales ratio isn’t too high based on November’s sales rate…

U.S. Light Vehicle Sales decrease to 15.1 million annual rate in January

By Bill McBride

Based on an estimate from WardsAuto, light vehicle sales were at a 15.14 million SAAR in January. That is down slightly from January 2013, and down 2.5% from the sales rate last month.

This was below the consensus forecast of 15.7 million SAAR (seasonally adjusted annual rate).

Full size image