Author: Automotive News Feed
-
Bleeding reserves today, when we’ll need them tomorrow
Everybody is focusing on the positive aspects of October auto sales. Car execs and analysts are busy praising consumer ‘resilience’ and mooning over a 10 percent sales gain.
-
Sales rise, SAAR falls in another quirky month
Auto sales in the United States rose 10 percent in October, returning the industry to double-digit increases after a September slump. But on a seasonally adjusted annualized basis, October trailed September’s tepid performance.