Bloomberg, April 1, 2019 — U.S. auto sales likely fell for a third straight month in March, as carmakers held the line on discounts and average new-car prices continued to climb. Most companies will report results on Tuesday.
Retail sales, which exclude deliveries to rental-car companies and other fleet customers, probably were the lowest for any first quarter since 2013, researcher LMC Automotive says. The seasonally adjusted annualized rate of total sales in March may have slowed to about 16.8 million cars and light trucks, according to the average estimate in a Bloomberg News survey, from 17.3 million a year earlier.
