J.D. Power and LMC Automotive project declines in auto sales in April versus last year. Retail SAAR to reach lowest level for the month of April since 2012
The new vehicle retail sales pace in April is expected to fall from a year ago, 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 13.5 million units, down 500,000 from April 2017. Retail sales are projected to reach 1,046,000 units, a 1.3 percent decrease on a selling day adjusted basis compared with April 2017. (April 2018
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