A record in U.S. new-vehicle sales is sure to be registered this October
A record in U.S. new-vehicle sales is sure to be registered this October
According to different trustworthy forecasts U.S. new-vehicle sales are very close to reach the highest level for any October since 2001.
October 2001 was one of the industry’s strongest months ever, amid widespread zero-percent financing offers designed to stimulate sales after the 9/11 terrorist attacks. Sales topped 1.7 million units as a result. This year it is very likely that sales could exceed 1.4 million. The tenacious pace of auto sales since May, combined with the current favorable position of the U.S. economy, is increasing the level of upside potential to 2015 by 100,000 units, while nearly wiping out any downside risk.
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