The latest forecast shows another decline
The slump in US auto sales is expected to continue for the fourth consecutive month.
J.D. Power-LMC Automotive is out with its July forecast and they see sales down 1.7% year-over-year at a 1.236m units. In addition, price incentives blew away the previous record of $3,597 at $3,876.
Sales numbers are to be released tomorrow and expected to show a SAAR of 16.80m.
