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Auto Industry - New car sales for October down 4.4%


Auto Industry - New car sales for October down 4.4%
New car sales have fallen three months in a row; the greatest since the great depression. Don't get too concerned however. Auto sales is still at a current record high. Analysts say that we may have hit a peak. 2015 new car sales was an all time high. Manufacturers like Ford are looking to align production with sales. Ford temporarily halted production of the Mustang to allow production to align with demand. We expect to see the other manufacturers doing the same in the coming months. The only exception to this is Subaru and Hyundai.

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