August is shaping up to be the best month for auto sales

Posted by carguy - August 30, 2013 - Industry News - No Comments

DETROIT (TheStreet) — August is shaping up to be the best month for auto sales in more than six years as the auto industry continues to provide one of the brightest spots in the recovering economy.

Experts expect sales gains ranging from 12%, the LMC Automotive estimate, to 13.6%, the Kelley Blue Book estimate. LMC said estimated unit sales of 1.5 million vehicles would be the most since May 2007.

A portion of the sales gain reflects the inclusion of Aug. 30, the first day of the Labor Day weekend, in August sales. Sales of pickup trucks and compact crossovers are leading the industry, with both segments up about 22% in August, according to Kelley Blue Book

August Is Shaping Up To Be The Best Month For Auto Sales
August Is Shaping Up To Be The Best Month For Auto Sales
August Is Shaping Up To Be The Best Month For Auto Sales
August Is Shaping Up To Be The Best Month For Auto Sales

August Is Shaping Up To Be The Best Month For Auto Sales

August Is Shaping Up To Be The Best Month For Auto Sales