LMC: U.S. Car Sales Likely to Slip 2% in 2018
Car sales in the U.S. are ending the year stronger than expected.
Car sales in the U.S. are ending the year stronger than expected. But volume will slip 2% to 17.2 million units, and it’s likely to decline to 17 million vehicles in 2018, says LMC Automotive.
Still, the industry remains both strong and “very healthy,” says Jeff Schuster, senior vice president for Automotive Forecasting. He points to well-balanced inventories and rising sales transaction prices that are offsetting record spending on incentives.
Often when there are vehicles that have ceased production and are in the process of being completely moved out of the system there are sales numbers that look like this: Honda Insight: June 2016, 9; June 2015, 126; % change: 93.1% Sometimes there is a vehicle that has just gone into production and it catches the sales at just the right time so that there are numbers that look like this: Honda Ridgeline: June 2016, 2,472; June 2015, 7; % change: 33,856% OK.
Ford has made an accomplishment that will never be bested, never even be tied.
Last year Buick sold 219,231 vehicles in the U.S.