U.S. April auto sales seen rising 4.9 percent: JD Power-LMC

April 21, 2016 7:36 PM

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U.S. April auto sales seen rising 4.9 percent: JD Power-LMC

DETROIT J.D. Power and LMC Automotive on Thursday said April U.S. total light vehicle sales will rise 4.9 percent to 1.523 million vehicles, for an annualized rate of 17.6 million vehicles.

The two auto industry consultants said consumers are expected to spend $36.9 billion on new vehicles in April, compared with $35.3 billion last April.

Also read: U.S. November auto sales to benefit from Black Friday deals: Edmunds

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