August Auto Sales Projected to Skyrocket

A peek into August sales shows that according to LMC Automotive and J.D. Power and Associates, auto sales could be up by 16% this month. If that turns out to be the number, it could help alleviate concerns of a slowdown during the second half of the year. A seasonal adjusted annual rate of 14.5 million industrywide sales would be the best of any month this year. Plan on seeing Honda and Toyota post some of the biggest sales gains, and keep your eyes on General Motors and Ford in the upcoming weeks. Check out the following video for more on the of August sales number prediction.

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