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Filed under: Earnings/Financials,Etc.

DETROIT (Reuters) - U.S. auto sales in April likely fell almost 2 percent from a year earlier, with consumer discounts remaining at levels high enough to threaten the industry's long-term health, industry consultants J.D. Power and LMC Automotive said on Tuesday.The consultancies also lowered their full-year 2017 forecast for new vehicle sales to 17.5 million units, from a previous forecast of 17.6 million.April U.S. new vehicle sales will be about 1.48 million units, a drop of nearly 2 percContinue reading April auto sales will likely be down 2 percent

April auto sales will likely be down 2 percent originally appeared on Autoblog on Tue, 25 Apr 2017 00:24:00 EDT. Please see our terms for use of feeds.



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