Car makers report November sales today
Two major automakers have reported sales so far and there’s no clear trend yet.
– Nissan +3.8% vs +2.6% forecast
– Fiat Chrysler +3.0% vs +3.2% exp (car sales down 22%, truck sales up 11%)
Within about 30 minutes, Ford and GM should release results. Later in the day, we will get total sales figures. They’re expected to be at a seasonally adjusted annualized rate of 18.2%, which is on pace to be the best since 2000.