четверг, 26 октября 2017 г.

October could be the second best month of the year for new-car sales

October could be the second best month of the year for new-car sales: The second best month of 2017 for U.S. new-vehicle sales goes for October, thanks to the surging demand in states recovering from hurricane damage, though volume is projected to fall slightly from the same month last year.

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Forecasts call for a 2 to 4 percent decline in industry sales this month. They estimate the seasonally adjusted, annualized selling rate will be 17.6 million to 17.9 million. While that's a drop-off from September's rate of 18.6 million -- which was the sixth-highest ever -- it would be well above the industry's sales pace in the first half of the year. Incentives have risen to 11 percent of average transaction prices -- "an indicator that new-vehicle demand is still contracting, and production cuts could be on the horizon to prevent oversupplies."

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