Here Come US Auto Sales...

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gm cheverolet impala car auto dealer

REUTERS/Rebecca Cook

The world's big automakers announce their October US auto sales stats throughout the day.

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Analysts estimate the annualized pace of sales improved to 16.4 million unit, up from 16.34 million in September.

"The data have been very volatile lately, but are still up on a year-on-year basis, highlighting the materialization of pent-up autos demand," Bank of America Merrill Lynch economists said. "We still think there's room to go, and continued easing in credit access could support vehicle sales ahead."

Here's a tally of some of the reports that are out:

  • Chrysler: +22% (20% estimated)
  • Honda: +5.8% (+7.7% est.)
  • Nissan: +13.3%, (11% est.)

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