Auto sales set the briskest monthly pace for the year, as Labor Day discounts, higher fleet sales and hurricane-related replacement sales provided a strong shot of optimism heading into the final months of the 2017. Car companies have weathered a series of monthly declines this year, a sign demand is plateauing following seven years of increases. Even though sales of trucks and sport utilities remain strong amid low gasoline prices, the market for family sedans and compact cars has weakened, and led to slowdowns at certain...

Source: Wall Street Journal October 03, 2017 14:22 UTC