Based on recent J.D. Power Automotive research, this year, the automotive industry is going to retail over 14,070,000 vehicle units, which is the second best retail sales performance ever.
However, this rate of growth, though positive, is slowing. This year, retail growth will be 510K vehicle units over last year, versus over 710K units of growth last year. Next year, the projected growth will be much smaller. What does this mean to dealers?
Stay tuned for our next blog post to find out!
To gain retail data at no charge within your very own market, click here.