According to J.D. Power and LMC Automotive forecast retail sales will fall for fifth time in seven months. Incentives reach new high.
For the fifth time in the past seven months, U.S. new-vehicle retail sales are expected to drop in September, falling 1.4 percent from a year ago, according to a monthly sales forecast developed jointly by J.D. Power and LMC Automotive.
Retail sales are on pace to reach 1,185,500 units in September, while total sales are projected to fall 0.8 percent to 1,429,100.
Labor Day weekend is typically one of the highest volume sales weekends in the year. The