CAR: US light-duty vehicle sales to dip in 2019
Green Car Congress
FEBRUARY 12, 2019
CAR said that a number of positive factors support a high level of US light vehicle sales, including: Projected moderate US economic output growth in 2019; Historically low US unemployment rates; Relatively low oil prices continue through 2020; Underlying nominal wage growth continues; High levels of consumer confidence were reached in Q4 2018; and. Solid new housing starts and home prices rebounding to pre-recession levels.