NADA Forecasts More Used Sales in 2018 Featured
29 December 2017
The National Automobile Dealers Association predicts a slowdown in new-car sales next year, but an increase in used-car sales for franchise dealers. The NADA expects sales of 16.7 million new cars and light trucks in 2018. NADA forecasts that new-car dealerships will retail 15.3 million used vehicles in 2018, compared to an expected 15.1 million used sales in 2017. The total used-vehicle market will exceed 40 million retail sales in 2018.