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You are here: Home / News / NADA Forecasts a Record 17.7 Million New-Car Sales in 2016

NADA Forecasts a Record 17.7 Million New-Car Sales in 2016

January 19, 2016 By CollisionWeek Editor

National Auto Dealers Association sees car and light truck sales increasing two percent this year versus 2015.

More good news on the auto sales front for the collision repair and auto insurance industries. U.S. sales of new cars and light trucks will set an all-time record in 2016, said Steven Szakaly, chief economist of the National Automobile Dealers Association.

“More than 17.7 million new light vehicles will be purchased or leased this year, about a 2-percent increase from 2015, and setting back-to-back records,” Szakaly said. “It will be the seventh consecutive year of auto sales growth.”

In 2015, a record

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Filed Under: News Tagged With: NADA, National Automobile Dealers Association, New Vehicle Sales

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