Black Friday Can’t Spare Nissan From 16% Drop: Auto Sales Update
- Volkswagen. Honda, Toyota posted gains in monthly deliveries
- Nissan is an exception amid upbeat November U.S. sales
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Black Friday deals likely helped lift U.S. auto sales at most automakers in November, as a bumper crop of old model-year vehicles spurred carmakers to offer record discounts. But it wasn’t enough to spare troubled Nissan Motor Co. from a 15.9% decline.
Total light-vehicle sales in the country probably ran at an adjusted annualized rate of 17.5 million in November, a touch better than 17.4 million a year ago, according to a projection by LMC Automotive and J.D. Power. The market researchers expect industry deliveries to drop to 16.8 million in 2020, from about 17.1 million this year.