IHS Markit reports seventh consecutive annual sales gain in 2016 sales of 17.54 million units.
According to IHS Markit, the global information and analysis firm, US light-vehicle sales rose 3.0 percent year-on-year in December, bringing the full-year results slight above 2015 sales. The seasonally adjusted annual rate came in at 18.38 million units for the month.
The analyst firm reported a strong close for US light-vehicle (LV) sales in December making for another record year, with a strong seasonally adjusted annual sales rate (SAAR) of 18.38 million units. According to the firm, this is the first time in history that
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options.