NOVEMBER U.S. SALES
November sales rate will at least match October, Ford analyst says
DETROIT (Reuters)- – November’s U.S. auto sales will at least reach October levels, Ford Motor Co.’s chief U.S. sales analyst said on Friday.
The light-vehicle seasonally adjusted annual sales rate reached 11.2 million units in October, the industry’s best performance in a year — excluding August, when the government’s cash-for-clunkers incentive program boosted demand to a 13.7-million-unit rate. Maintaining October’s levels would beat November 2008’s 10.3 million units of demand.
“I think that we won’t fall backward from October. How much November might advance from the October level it is too early to say,” Ford U.S. sales analyst George Pipas said today to the Automotive Press Association. “What I’ve seen so far is good enough that it suggests to me that we are not going to … >> story Published: Nov 13 3:31 pm U.S. Eastern time
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