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NADA Forecasts a Record 17.7 Million New-Car Sales in 2016

January 19, 2016 By CollisionWeek Editor

National Auto Dealers Association sees car and light truck sales increasing two percent this year versus 2015. More good news on the auto sales front for the collision repair and auto insurance industries. U.S. sales of new cars and light trucks will set an all-time record in 2016, said Steven Szakaly, chief economist of the […]

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

NADA Forecasts 17.7 Million New Vehicle Sales in 2016

November 18, 2015 By CollisionWeek Editor

Wage growth, combined with declining gas prices and low interest rates, projected to drive auto sales higher next year. Cautions next year could be peak. Moderate wage growth, declining gasoline prices and continued low interest rates on auto loans will drive new car and light truck sales higher in 2016, Steven Szakaly, chief economist of […]

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

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