NADA Forecasts 16.8 Million New-Vehicle Sales in 2019
The National Automobile Dealers Associations is forecasting that 16.8 million new cars and light trucks will be sold in 2019, with light trucks as the majority of new vehicles out on the road.
New Car Sales Record High
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