August U.S. auto sales forecast to be strong


A joint forecast from J.D. Power and Associates and LMC Automotive sees a selling pace of 16M units in August which would mark the first time since sales reached that level since 2007.

The impact of the Labor Day weekend being rolled into August sale tallies will have an impact, although a strong sales trend is still expected to be confirmed even without the calendar effect.

Close-out deals and strong replacement demand underpinned August auto sales, according to analysts.

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  • mitchjl
    , contributor
    Comments (288) | Send Message
     
    Ford is on its way to a new 52 week high. Up today $.56 PP/S
    29 Aug 2013, 12:58 PM Reply Like
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