Sales of new light-vehicles down 2.2 percent in first six months of this year.
With six months of U.S. new-vehicle sales in the books, the National Automobile Dealers Association (NADA) is holding steady at its original sales forecast of 17.1 million new cars and light trucks for 2017.
Through the first six months of the year, 8,401,715 new light-vehicles were sold, down 2.2 percent, compared to last year. The 17.1 million 2017 projection would represent a decline of 300,000 vehicles, or 1.7 percent, from the 17.4 million sold in 2016.
“Overall consumer demand for new vehicles is still very healthy,” said