U.S. light-vehicle sales closed out 2018 strong - Automotive News

U.S. light-vehicle sales closed out 2018 strong

U.S. light-vehicle sales closed out 2018 strong – Automotive News. Despite rising interest rates and a volatile stock market, U.S. light-vehicle sales closed out 2018 strong. The SAAR of 17.51 million in December 2018 was the second highest of the year.

Those sales were given a midyear boost, as new tax laws put more money into the pockets of consumers and provided favorable incentives for business owners to purchase new light trucks for their businesses. Automotive News by Luxury Care.

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New-Vehicle Sales Forecast and the State of Auto Retailing

New-Vehicle Sales Forecast and the State of Auto Retailing

The National Automobile Dealers Association to Issue 2019 New-Vehicle Sales Forecast and Discuss the State of Auto Retailing at Briefing on Dec. 13 The National Automobile Dealers Association (NADA) will issue its 2019 sales forecast for U.S. new-cars and light trucks during a media/industry briefing via conference call at 2:30 p.m. ET on Thursday, Dec. 13, 2018. NADA Senior Economist Patrick Manzi will provide an outlook of the macroeconomic factors that will impact auto retailing next year, as well as highlight the key sales indicators and trends driving auto sales in 2018 and next year. NADA Chairman Wes Lutz, president of Extreme Dodge-Chrysler-Jeep-Ram in Jackson, Mich., will provide a dealer perspective on industry trends impacting auto sales from the view on Main Street, USA. The call-in number is 800.895.3361. The conference ID is NADA. A Q&A session with members of the media and industry will follow the briefing. Read the report […]

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