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Manufacturers expect automobile sales in August to exceed 2016

US automakers expect new car sales in August to recover, as some analysts predict, to break seven consecutive months of losses.

Washington, Aug 27 (EFE) .- Auto makers in the United States expect sales of new vehicles in August to recover, as some analysts predict, to Breaking seven consecutive months of losses.

Two of the firms that measure car sales in the United States expect the August figures to be slightly higher than The same month of 2016, which would mean the first year-on-year increase in 2017.

Kelly Blue Book (KBB) expects new vehicle sales in August to rise 1.5% 2016 and reach 1.53 million cars.

"August should be the first month of 2017 with annual increases partly because this month has one more day of sales," he said in "This improvement in sales should break the seven-month negative series, the longest since the recession of 2009," added Fleming. That the August sales rate is equivalent to annual sales of 16.6 million vehicles.

Another company overseeing automobile sales, Edmunds.com, expressed itself in Terms.

Edmunds.com predicts that car sales will increase 1.3 percent in August to 1.52 million cars.

But the firm also noted Expected improvement in August is not enough to save the sector year.

"While any kind of sales increase after seven months of declines is encouraging, manufacturers still They have a long way to get the year closed. Edmunds.com

But forecasts are not unanimous and other analysts fear August is the eighth month of the year with a drop in new vehicle deliveries.

1.51 million vehicles sales for August, which would imply a loss of more than 3% of deliveries.

Y J.D. Are the sales that will be made in the coming days in the face of Labor Day in the United States, which is celebrated this year on Monday, September 4.

As Thomas pointed out King, Vice President of Operations, J.D. That the dealers need to make space in their rooms and car parks to the 2018 models that are taking out manufacturers so they are interested in getting rid of it as quickly Of the 2017 vehicles they still have in the stores.

"Labor Day is one of the most selling periods of the year because consumers take advantage of promotions Normally run until the first week of September, "King said.

King noted that in 2016, Labor Day week sales totaled more than 400,000 Vehicles.

So if this week, consumers are turning to dealerships, manufacturers and dealerships may end up in positive numbers in August.

Another factor to To consider is the impact of Hurricane Harvey on sales since much of Texas, one of the largest automotive markets in the United States, is suffering the effects of the gigantic Storm.

Not to mention what may happen in recent days, J.D. Positive, especially for consumers, is that manufacturers are turning to offering the incentives to save the month.

Caldwell explained that although "inventories are still Being high, manufacturers are not afraid to offer money this year so we expect dealers to be very aggressive with their Labor Day offers and models of the year To keep the momentum going. "

KBB noted that the incentives will allow sales to individuals to increase by up to 2% in August while sales to rental companies Will fall by 4%.

KBB also said that the average incentives that manufacturers are offering to get rid of 2017 model vehicles is more than 10% of official prices selling.

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