NADA Expects Lower New-Vehicle Sales

By Staff Writer December 16, 2018

The National Automobile Dealers Association’s annual sales forecast expects sales of 16.8 million new cars and light trucks in 2019.

This would represent a falloff in sales of about 1.1 percent compared to 2018. Based on a strong November, new-vehicle sales are expected to reach 17 million units in 2018, which would mark the fourth straight year of U.S. auto sales above 17 million units.

Light trucks are on track to account for about 70 percent of sales, while cars will account for nearly 30 percent of sales.

In 2017, the ratio was 64.5 percent light trucks and 35.5 percent cars. About 10 years ago, the sales mix consisted of 48 percent light trucks and 52 percent cars.

Last modified on Sunday, 16 December 2018 15:25

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