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Auto Sales Rise in October but Pricing Outlook Concerns Ford and GM
2014-10-28 12:57:22| Auto Dealers - Topix.net
NEW YORK -- October has been a choppy month for stock markets, but for auto sales -- another key economic indicator -- a long-term recovery keeps rolling along even as concerns about excessive incentives and unsustainable pricing levels mount. Forecasters predict sales growth of 5% to 6% from the same month a year earlier, and LMC Automotive forecasts total 2014 light-vehicle sales of 16.4 million.
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Category:Automotive
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