Steven Szakaly, chief economist of the National Automobile Dealers Association, is predicting sales of 17.1 million new cars and light trucks in 2017, a 1.7 percent decline from projected 2016 sales. With less than two months left in the year, new-vehicle sales are forecast to reach 17.4 million, which would be a slight decline from the all-time record set last year.
“We are headed toward a stable market for U.S. auto sales, not a growing market,” Szakaly said at an economic briefing ahead of the Los Angeles Auto Show. “The industry has achieved record sales, and pent up demand is
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