US auto sales surged past expectations once again, and remained at the highest levels in a decade.
According to Autodata, sales rose at an annualized pace of 18.24 million in October. The consensus forecast was an annualized pace of 17.7 million.
Throughout Tuesday, US auto-sales data for October rolled in on the heels of the fastest pace for sales in 10 years in the prior period.
Auto sales rose to an annualized pace of 18.2 million vehicles in September.
