US vehicle sales recover in November – LMC / J D Power

ERJ staff report (DS)

Westlake Village, California — The US new-vehicle retail selling rate returned to a healthy level in November after being negatively impacted by Hurricane Sandy in October, according to a monthly sales forecast developed by J.D. Power and Associates and LMC Automotive.

November new-vehicle retail sales are projected to come in at 931,900 units, which represent a seasonally adjusted annualised rate (SAAR) of 12.9 million units. November is expected to reflect the highest retail selling rate since January 2008. Retail transactions are the most…

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