New car sales hit a record amount in 2015, according to sales figures from the American International Automobile Dealers Association (AIADA).
In Dec. 2015, 1,643,289 light vehicles were sold industry wide, compared to 1,507,339 sold in December 2014. This new figure helped solidify 2015 as the industry’s biggest sales year in history.
Sales for all brands in 2015 increased 5.7% from 2014, with sales unadjusted for business days.
“Consumer confidence remains high while gas prices stay low, and as a result buyers are investing in larger, more luxurious vehicles,” said AIADA President Cody Lusk. “There’s no end to that trend in site, and dealers are working to continue the current healthy sales pace into 2016.”
The figures mark 2015 as the sixth year of year over year increases for the industry as a whole.
AIADA represents America’s international nameplate automobile franchises.