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JD Power, LMC forecast 4.5 percent drop in Jan U.S. auto sales

2016-01-29 01:12:52| Auto Dealers - Topix.net

January U.S. auto sales will fall 4.5 percent because of the recent snow storm on the East Coast and two fewer selling days than a year ago, JD Power and LMC Automotive said on Thursday. The two industry consultants said that January U.S. sales will total 1.1 million vehicles, which translates into a seasonally adjusted annualized rate of 16.8 million vehicles.

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