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Industry News
2nd August 2016

July U.S. auto sales up 2.4 percent, full-year sales to drop: forecasters

U.S. July auto sales likely rose 2.4 percent from a year earlier, but full-year sales will not match last year's record, forecasters J.D. Power and LMC Automotive said on Friday. LMC now expects that 17.4 million new vehicles will be sold in all of 2016, down 0.1 percent from 2015. It would be the first annual decline in U.S auto sales since 2009.

Reuters

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