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NADA’s New-Vehicle Sales Forecast Remains Unchanged at 17.1 Million for 2017

Published July 6, 2017

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Abram Olmstead, Profile Photo, 2021

Abram Olmstead

Senior Director, Digital Media
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With six months of U.S. new-vehicle sales in the books, the National Automobile Dealers Association (NADA) is holding steady at its original sales forecast of 17.1 million new cars and light trucks for 2017.

Through the first six months of the year, 8,401,715 new light-vehicles were sold, down 2.2%, compared to last year.

“Overall consumer demand for new vehicles is still very healthy,” said NADA Chairman Mark Scarpelli during NADA's quarterly economic briefing today. “Consumer tastes continue to trend away from sedans and toward light trucks and SUVs. Sedans now account for 37 percent of sales, meaning that roughly two out of every three retail transactions are now a light truck, SUV or crossover. Simply put, there is great demand for the utility that SUVs and light trucks provide.”

Check out the following infographic for more data: