EXCLUSIVE ANALYSIS: USA: October light vehicle sales plunge as expected - by 27.3% year on year
The mood was set for October's United States sales announcements when General Motors confirmed a new round of incentives shortly before releasing their October figures. Sure enough, the monthly results were not pretty, writes Bill Cawthon. According to Ward's Auto, Americans bought just over 1.3 million light vehicles last month. That's a 27.3% drop from last year's record 1.722 million. The results were anticipated: October 2001 was a tough act to follow. That was a record month for car sales, fuelled by aggressive financing and appeals to patriotism following the September 11 tragedy.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable