Published on Friday, January 18, 2019 | Updated on Monday, January 21, 2019
U.S. | Auto Industry Chartbook 4Q18
Summary
Auto sales closed 2018 at 17.2 million units, virtually unchanged from the previous year. Robust economic growth has been the main driver of auto sales. Going forward, higher interest rates and a higher supply of “off-leasing” vehicles will exert downward pressures on demand for new vehicles. Retailers are expected to focus on the more lucrative “used vehicle” segment.
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Authors
MN
Marcial Nava