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Black Friday, Year-End Deals Boost U.S. Auto Sales in NovemberBack

BlackFridayBlack Friday discounts and year-end deals will probably bring down the average profit per unit for the next few weeks, but U.S. auto sales in November were shaping up to produce both high volumes and high revenues, analysts said. Black Friday incentives this year included many mass-market brands as well as what has become an annual sales event for luxury brands, [Jesse Toprak, chief analyst at Cars.com] said. Many brands also have 2014 year-end deals that run through the New Year’s Day holiday weekend.

Source: Forbes

Posted by Sue Robinson on 05/12/2014