What does auto sales mean?

auto sales meaning in Law Dictionary

whenever automobile makers make a study of montly sales. It shows how well industry has been doing and therefore are seasonally modified. The stock exchange could use this to control spending habits.

auto sales meaning in Business Dictionary

Monthly sales report provided by major vehicle makers about the earlier month product sales. The numbers are used as a significant measure of how well or poorly the car marketplace is performing. These numbers are seasonally adjusted because of the U.S. Commerce division. The results with this report may affect the stock market because analysts look at it as an indication of consumer investing habits.