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US Carmakers hike discounts amid mixed November sales

National Automobile Dealers Association expects new vehicle sales to decline to 16.7 million units in 2018

Published Sun, Dec 3, 2017 · 09:50 PM

    Detroit

    MAJOR carmakers posted mixed US November new vehicle sales on Friday and predicted a competitive December as they rush to sell vehicles and boost their 2017 numbers before the year comes to an end.

    Carmakers are trying to sell down 2017 model year vehicles, offering high discounts to consumers as the year-end nears. In 2016, the industry reported record annual sales of 17.55 million units.

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