Auto Sales Remain Strong in October
J.D. Power and Associates is predicting October will be another strong month for auto sales. "New-vehicle retail sales continue the robust pace from September, with another month of strong double-digit year-over-year growth." October new-vehicle retail sales are projected to come in at 943,200 units--a 13% increase in volume, compared to 2011, according to the organization. The forecasted selling rate in October is the second consecutive month above 12 million units, the first time that has occurred since April and May 2008.