The U.S. auto industry got off to a bumpy start to 2018 when light vehicle sales declined by 3 percent in the January. Bank of America analyst John Murphy is expecting more lackluster numbers in February, but General Motors Company (NYSE: GM) investors shouldn’t be discouraged by the difficult environment. Bank of America is forecasting another 2 percent decline in U.S. light vehicle sales in February, dropping the seasonal adjusted annual sales rate below 17 million units.
Source: Yahoo! News