October is a significant month for various reasons. For some, it's associated with Halloween, while sports enthusiasts look forward to the World Series, NASCAR championships, or the start of the NHL and NBA seasons.
However, for the automotive industry, October marks the beginning of the final quarter of the year and a critical period to prepare for success in the coming years.
This period is expected to be challenging, with a three-year stretch affecting new-car traffic, trade-ins, and used-car inventory.
Nothing to be afraid of in auto retail
Author's summary: October marks the start of a challenging period for the automotive industry.