October reflects multimonth decline.
Supply issues continue to stymie carmaker.
Floor traffic, closing rations and subprime approvals are all up so far this month, according to CNW Research. It believes the gains bode well for 2015 sales.
The October retail sales forecasts from J.D. Power and Kelly Blue Book are in, and they are predicting a solid sales performance in what is traditionally the second weakest month of the year for car sales.
Despite incentive spending falling to its lowest level since May 2011, TrueCar estimates October’s SAAR to come in at 14.9 million units, the second highest rate in 2012.
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