UPDATE 1-U.S. auto sales seen off sharply in October

Newswire

(Recasts first paragraph) By Justin Hyde DETROIT, Oct 25 (Reuters) - Exactly one year after American consumers set a record for buying cars and trucks, fueled by interest-free loans, the U.S. auto industry could be facing its worst sales month so far this year. The average analysts' forecast for U.S. auto sales in October calls for a seasonally adjusted annual sales rate of 15.8 million, well off last October's record of 21 million and down about 5 percent from September's pace. And ...

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