Despite Record Incentives, US Auto Sales Down Slightly for Month
Dec. 28, 2017
The seasonally adjusted annualized rate for December is expected to come in at 14.6 million vehicles, down nearly 2.7 percent from one year prior.
Dec. 28, 2017—According to auto industry consultants J.D. Power and LMC Automotive, U.S. vehicle sales in December will slow for a third straight month, despite near industry-wide discounts.
Retail sales for the month of December project to drop 2.6 percent, to 1.3 million vehicles, when compared to one year earlier, the consultancies recently told Reuters.
The consultancies noted that incentive spending per unit reached an all-time high in December, as manufacturers have continued with aggressive discounting to clear out large inventories.
The seasonally adjusted annualized rate for December is expected to come in at 14.6 million vehicles, down nearly 2.7 percent from one year prior.
Learn how ADAS utilizes sensors such as radar, sonar, lidar and cameras to perceive the world around the vehicle, and either provide critical information to the driver or take...
Enhance your collision repair workflow with Autel’s IA900, a process-driven solution integrating precision alignment, bi-directional diagnostics, and ADAS calibration. Designed...
The Autel IA700 is a state-of-the-art and versatile wheel alignment pre-check and ADAS calibration system engineered for both in-shop and mobile applications...