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Thursday, November 26, 2015

November Auto Sales Look Strong

November Auto Sales Look Strong
Nov 25th 2015, 05:52
Total and retail new light-vehicle sales in November are expected to increase 7% on a selling-day-adjusted basis, according to a monthly sales forecast by J.D. Power and LMC Automotive. Radio's biggest advertising category continues to show strength, with retail light-vehicle sales approaching 1.1 million units and total light-vehicle sales nearing 1.3 million units this month. The seasonally adjusted annualized rate for retail sales in November 2015 is expected to reach 14.2 million units, up from a selling rate of 13.7 million units a year ago and the highest for the month since November 2003 (14.2 million units).