New Car Sales Finish Strong

By Staff Writer December 27, 2018

The seasonally adjusted annual rate (SAAR) for new-vehicle sales in December 2018 is estimated to be 17.2 million, according to Cox Automotive.

That is down from November’s 17.4 million level, and down from last year’s 17.3 million pace.

Despite the forecasted SAAR declines, the final 2018 numbers will finish near 17.2 million units, an uptick from last year. It will be the fourth year in a row beating 17 million and above most forecasts.

December is likely to finish with the highest or second highest monthly sales volume for 2018.

Last modified on Thursday, 27 December 2018 13:00

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