Automakers In The US Aren't Building As Many Cars
Nov 17, 2014, 20:59 IST
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Sales for 2o14 are running above a 16-million new-car pace.
The industry should sell between 16 and 17 million vehicles by the end of the year.
However, there are signs that carmakers are easing back on assembly lines as they coast through December.
October represented the third straight month of declines. Total output fell 1.2 percent for the month.
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That followed September's 1.9 percent drop.
Production also fell off in August.
The critical selling periods of the year are largely over. Automakers will now aim to conclude the fourth quarter on pace for sales, but not overproduce so that they're left with excessive inventory headed into the holiday season.