U.S. auto sales show resilience as industry recovery continues
U.S. auto sales forecast to nearly match 2019 levels in November According to the most recent automotive forecast released by J.D. Power and LMC Automotive, new-vehicle retail sales were forecast to drop 0.7% in November when accounting for changes in selling days. Meanwhile, for total U.S. auto sales, the forecast included a 3.5% decrease when adjusted for selling days. “November 2020 is a prime example of why accounting for selling day differences is important in measuring comparable sales performance,” said Thomas King, president of the data and analytics division at J.D. Power. “Aft...
Source: agmetalminer.com