Fresh off a record setting 2015, experts are forecasting that 2016 will bring even higher totals for U.S. auto sales. The 2015 total sales of 17.5 million vehicles established a new benchmark, surpassing a figure that had held the top spot since the year 2000. Now, with April sales alone projected at 1.5 million, that new record seems poised to be broken. Sales generally pick up later in the year, meaning that a strong April usually indicates the rest of the year will see very strong sales numbers.
Projections call for total sales of 17.8 million vehicles in 2016, according to J.D. Power and Associates. The projected sales for April also would set a new record, breaking a previous mark established in 2015.
The record setting projection has been echoed by similar sentiments from other respected institutions such as Edmunds, LMC Automotive, and Kelley Blue Book.