Costa Mesa, California — Automotive retail sales in the US are likely to be 1.18m units in November 2019. This is a 1.2% rise compared with November 2018, according to consultants JD Power and LMC Automotive.
The headline number is adjusted by making the number of selling days in November 2019 the same as November 2018. Without the adjustment the November 2019 number would be 1.4m units, up 4.3%.
Thomas King is senior vice president of data and analytics at JD Power. He said there could be over 200,000 sales over the Thanksgiving holiday weekend. Car makers are likely to use these to help clear out record levels of older model-year vehicles.
Jeff Schuster is Americas operations and global vehicle forecasts at LMC automotive. He said that car makers are feeling pressure and production is slowing. 'North American production is expected to decline nearly 4% to 16.3m units in 2019.'