Auto Sales Down in April
U.S. auto sales fell for the month of April more than expected.
FOX’s Jeff Monosso reports:
Look for some big incentives coming for cars as Ford’s sales for the month of April fell over seven percent. GM down almost 6-percent.
Fiat Chrysler sales down almost seven percent, all in part because of shrinking demand for cars, despite in some cases across the brands of booming SUV sales.
Toyota sales down two-percent. Nissan down 1.5 percent, though industry analysts expect a healthy annual sales rate of over 17-million vehicles sold thanks also in part to the average price paid per vehicle after years of increases that’s starting to slide.
In Chicago, Jeff Monosso, FOX News.