While there are still 12 days left until the end of 2018, automotive business associations are already putting forth some numbers for total vehicle sales in 2019, and the numbers are looking a little glum. The National Automobile Association’s annual sales forecast, released late last week, is predicting that 16.8 million passenger vehicles will be sold in 2019, which represents a 1.1 percent decline from this year. If it’s correct, it will be the first time since 2014 that sales figures will drop below 17 million.
“We’re forecasting sales of 16.8 million new cars and light trucks in 2019,” said Patrick Manzi, NADA senior economist, at an industry briefing. “This would represent a falloff in sales of about 1.1 percent compared to 2018.”
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