Experian Automotive today announced that new vehicle registration volumes for light-duty vehicles reached the highest point in the past nine years. During the rolling year from Nov. 1, 2014, through Oct. 31, 2015, there were more than 17 million new vehicles registered within the United States — a metric that hasn’t been achieved since 2006.
The highest number of new registration volumes on record was 17.4 million in 2006, and the lowest point was during the Great Recession, when volumes hit 10.2 million in 2009.
In November, NADA revised its estimates of vehicle sales for both 2015 and 2016 upward
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