Auto Sales Slow as U.S. Eases From Peak to ‘Pretty Good’ Market/bloomberg

Auto Sales Slow as U.S. Eases From Peak to 'Pretty Good' Market

Auto Sales Slow as U.S. Eases From Peak to 'Pretty Good' Market

Automakers reported lower U.S. sales for October, reinforcing the idea the market may have plateaued at a healthy level that still supports the U.S. economy.The companies faced a difficult comparison to the year-earlier month, which was the best of 2015 and had two more sales days.Sales fell 4.4 percent to 1.39 million vehicles in October, Autodata Corp. reported on its website, after including an estimate for automotive/"_blank">automotive.com/category/ford/"_blank">Ford Motor Co.'s results expected later this week.

Auto Sales Roundup: General Motors and Toyota Lead in a Difficult Month -- The Motley Fool

Auto Sales Roundup: General Motors and Toyota Lead in a Difficult Month -- The Motley Fool

General Motors (NYSE:automotive/"_blank">automotive.com/category/cars/"_blank">GM), Fiat Chrysler Automobiles (NYSE:FCAU), Toyota (NYSE:TM), Honda (NYSE:HMC), and Nissan all posted drops in U.S. sales in October, as slumping demand for sedan models and a quirk of the calendar made year-over-year sales growth hard to find.Analysts expect the overall industry's sales in the U.S. to decline in October, the third monthly drop in a row, adding evidence to the idea that the U.S. new-vehicle market may have passed its cyclical peak.The key numbersAbout that quirk of the calendar: Last month had two fewer "selling days" than did Oct. 2015, making for a tough year-over-year comparison.

U.S. Auto Sales Slide Again Despite Discounts

U.S. Auto Sales Slide Again Despite Discounts