While automotive sales for the month of August in the U.S. don’t look bad on paper – they’re up 2.4 percent overall compared to a year ago — a number of experts are urging caution, and are even predicting a slump for the rest of the year. Year-to-date numbers are anemic: sales are up only 0.8 percent compared to this time last year.
There are a number of reasons for this prediction. For starters, it wasn’t hard to top August of 2017’s sales since much of the country was in the grip of a natural disaster, according to Forbes contributor Ed Garsten.
Read the full article at Cantin Automotive Insider.