Auto sales skid in April as demand falls and competition intensifies

Filed under:Earnings/Financials,Car BuyingMajor automakers on Tuesday posted lower U.S. new vehicle sales in April as consumer demand continued to weaken and competition intensified following a lengthy boom for the industry. Auto sales have been on a bit of a roller coaster ride this year, with a weak performance in February followed by a jump in sales for some automakers in March.Continue reading Auto sales skid in April as demand falls and competition intensifies Auto sales skid in April as de