Sales+Marketing Running a Shop

Car Sales Lag in August

Order Reprints

Sept. 2, 2016—U.S. auto sales slowed down for the month of August, signaling a sign that the industry may not break last year’s all-time record despite a strong showing during the first half of 2016.

According to a report by USA Today, industry vehicle sales fell 4.2 percent in August compared to the same month in 2015. Analysts projected an overall industry sales decline of 2.5 percent (Edmunds.com) and 2.1 percent (Kelly Blue Book), according to the report.

Despite August’s numbers, analysts report that the industry remains profitable, according to USA Today.

Recommended Products

2015 Ratchet+Wrench Shop Performance Survey: Complete Report

2016 Ratchet+Wrench Shop Technology Survey: Complete Report

2016 Ratchet+Wrench Shop Performance Survey: Complete Report

Related Articles

New-Car Sales On Pace For Best Year Since 2007

New-Car Sales Point to the Biggest Year Since Before Recession

U.S. Records Highest August Auto Sales in 11 Years

You must login or register in order to post a comment.