While established markets in the North America and Europe saw record sales in 2015, emerging market sales growth slowed. IHS Automotive projects 90 million global sales within reach in 2016. According to analysts at IHS, 2015 was characterized as a good year in the mature car markets, though it was largely offset by a very […]
December Projected as Strongest Month in a Decade for U.S. Auto Sales
2015 Poised to Set New-Vehicle Sales Record of 17.5 Million New light-vehicle sales in December are expected to be the strongest of any month since 2005, with 2015 on track to set an annual record with 17.5 million sales, according to a monthly sales forecast developed jointly by J.D. Power and LMC Automotive. New-vehicle retail […]
NADA Forecasts 17.7 Million New Vehicle Sales in 2016
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 […]
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