US Oct sales seen lowest in two decades-Ford analyst

Newswire

DETROIT, Oct 31 (Reuters) - U.S. auto industry sales in October are expected to be at their lowest level in two decades under the pressure from the U.S. economic downturn and consumer sentiment, Ford Motor Co's U.S. sales analyst said on Friday. U.S. October auto sales were "pretty much as advertised," George Pipas told reporters, adding that the seasonally adjusted annual rate would likely fall to the 11 million unit range from the mid 12 million unit range in September. The U.S. ...

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