Automotive Demand Index Strong As The Stimulus Kicks In

Automotive Demand Index Strong As The Stimulus Kicks In

TechnoMetrica's Auto Demand Index shows good momentum and forecasts new car sales will be strong in the coming months.

Robert Austin

The TechnoMetrica Auto Demand Index (ADI) increased by 7-points, or 3.5 percent, to 185 in April, for the second month in a row.  

The average ADI for the fourteen months since the pandemic began is 167, compared to 185 this month.

What Is ADI?

TechnoMetrica Market Intelligence developed the Auto Demand Index, or ADI, as a way to measure the intent of consumers to buy or lease a new vehicle within the next six months.