(October 27, 2016) — New-vehicle sales are expected to decline 6 percent year-over-year to a total of 1.36 million units in October resulting in an estimated 17.9 million seasonally adjusted annual rate (SAAR), according to Kelley Blue Book.
"Kelley Blue Book expects October 2016 sales to come in at a robust 17.9 million SAAR; however, due to two fewer selling days and an extremely strong October 2015, there will be volume declines across the industry," said Tim Fleming, analyst for Kelley Blue Book.