Fiscal Cliff Could Dent Year-End Auto Sales

cbdotcbaAccording to a recent report, some dealers are reporting concern about end-of-year sales figures. The ‘fiscal cliff’ agitation drags on, as Washington continues to stall on year-end tax cuts. This avoidance on the part of government could negatively impact auto sales before the industry heads into 2013, a turn of events that would be completely the opposite of most years, when year-end sales are generally among the best for automotive companies.

As reported by AMM, AutoNation, the nation’s biggest dealership group, will be cutting orders to manufacturers, as well as considering cutting stuff, if a decision on tax cuts isn’t reached.


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