Despite some economic headwinds on the horizon, the National Automobile Dealers Association is holding steady at its original U.S. sales forecast for new cars and light trucks this year.
“Overall, we still expect sales and leases to reach 17.1 million new vehicles in 2017, with the expectation that rising consumer incentives will overcome any increases in interest rates later in the year,” said NADA Chief Economist Steven Szakaly, during NADA’s quarterly economic briefing today. “While these headwinds will not have much of an impact on new-vehicle sales, they are a sign of a flat market as we look at the
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