Automotive Sales Future

According to a panel of economists, the automotive sales future will be particularly rosy – for at least the next four years. Spokespersons who were featured at the Center for Automotive Research’s annual Management Briefing Seminar told attendants they predict strong sales through at least 2018.

Auto sales have been rebounding since 2010, when only 10.6 million cars were sold that year. Last year’s total was up to 15.9 million … and this year’s total is expected to eclipse 16 million, especially after a particularly strong July. One economist from NADA, Steven Szekaly, predicts as many as 16.2 sales this year. Read More