- TrueCar forecasts new automobile sales will rise 3.9% Y/Y in November to 1,352,500 units. That level of sales would set a record for November.
- Black Friday promotions are anticipated to boost sales volume at the end of the month. Several automakers are already advertising specials for the post-Thanksgiving weekend.
- Sales growth projections by manufacturer: BMW (BAMXY) -0.2% to 36K, Daimler (OTCPK:DDAIF) +0.5% to 38.1K, Fiat Chrysler Automobiles (NYSE:FCAU) +4.1% to 179.1K, Ford (NYSE:F) +4.2% to 194.1K, General Motors (NYSE:GM) +5.7% to 238.6K, Honda (NYSE:HMC) +0.4% to 122.3K, Hyundai (OTCPK:HYMLF) +6.2% to 57K, Kia +0.6% to 45.2K, Nissan (OTCPK:NSANY) +4.1% to 107.4M, Subaru (OTCPK:FUJHY) -1.7% to 44.5K, Toyota (NYSE:TM) +4.2% to 191K, Volkswagen (VLKAY) +1.3% to 54.2K.
U.S. auto sales expected to set a record in November
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