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You are here: Home / News / NADA Forecasts Slight Decline in U.S. New Vehicles Sales to 17.1 Million in 2017 

NADA Forecasts Slight Decline in U.S. New Vehicles Sales to 17.1 Million in 2017 

November 17, 2016 By CollisionWeek Editor

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

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