The US vehicle market showed ongoing signs of recovery in October with sales continuing to follow positive trends over the six months since April’s historic lows, industry analysts said Oct. 28. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Cox Automotive said new vehicle sales in the US are forecast to rise to 1.36 million units in October, up 1.7% year on year and 1.9% month on month. “Given the severity of the health and economic crisis in the country right now, the strong vehicle sales pace is a pleasant surprise, particularly when six months ago most market observers didn’t expect us to be here,” Cox Senior Economist Charlie Chesbrough said in a report. On a seasonally-adjusted annual rate (SAAR) basis, Cox said sales in […]