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US: experts believe auto market will finish year hitting record pace

2015-09-29 11:12:45| Auto Dealers - Topix.net

Even as the worldwide economies are full of uncertainties, the US automotive industry continues its uninterrupted rise and has prompted analysts to rethink on a more positive note their early-year predictions. Thanks to the steady growth seen during the spring and summer months, and with the seasonally adjusted annual selling rate averaging 17.5 million autos from May through August, LMC Automotive has decided to modify its full year provision for the total light-vehicle market to 17.2 million units compared to the previous 17.1 million, while the retail light-vehicle sales could hit 14.1 million autos instead of the previously expected 14 million.

Tags: year auto market record

Category:Automotive

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