The annual U.S. vehicle sales rate will continue falling in December, again placing the figure at its lowest in 26 years, market research firm J.D. Power and Associates said Friday.
The seasonally adjusted annual rate will hit 10 million light vehicles in December, down from 10.3 million in November, the firm told Automotive News. The rate has not fallen to 10 million since October 1982.
Total light-vehicle unit sales will hit 870,000 this month, down 37 percent from December 2007, J.D. Power said. That would represent an increase from November's 747,544 units because of an additional selling day in December, but the month would still be the fourth straight with unit sales below 1 million.