J.D. Power and LMC Automotive Project Full Year Retail Sales to Fall 1.5%
For the second consecutive year, the new vehicle retail sales pace in January is expected to fall from year-ago levels, according to a forecast developed jointly by J.D. Power and LMC Automotive. The seasonally adjusted annualized rate (SAAR) for retail sales is expected to be 13.7 million units, down 150,000 from a year ago. Retail sales are projected to reach 893,900 units, a 2.7 percent decrease on a selling day adjusted basis compared to January 2017. It is important to note that January 2018 has an extra
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