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Article: SALES BY U.S. AUTOMAKERS UP 5.7% IN EARLY NOVEMBER
- Article from:
- THE JOURNAL RECORD
- Article date:
- November 14, 1986
CopyrightCopyright (null) The Journal Record. Provided by ProQuest LLC. (Hide copyright information)
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DETROIT (AP) - U.S. automakers' domestic sales rose 5.7 percent in
early November over last year, but industry-leader General Motors
Corp.'s sales continued to slide without incentives, the companies
reported Thursday.
Domestic-made cars sold at a seasonally adjusted rate of about
6.3 million a year during the eight selling days from Nov. 1-10,
said David Healy, an auto industry analyst with Drexel Burnham
Lambert Inc. in New York.
``The sales rate is...pretty low. It's lower than the rate at
which they're building cars, so dealer inventories are starting to
build up again,'' Healy said. ``I would expect incentives again
probably before the end of the year.''
Sales have been ...