JD Powers and LMC Automotive are projecting auto sales to drop 8% in April from a year-ago April:
For much of the past two years, the discounts offered by automakers have remained at levels that industry analysts say are unsustainable and unhealthy in the long term…Sales are expected to drop further in 2018 as interest rates rise and more late-model used cars return to dealer lots to compete with new ones.
http://investmentresearchdynamics.com/auto-sales-forecast-to-tank-in-april/
