4 ms·
why does everyone keep saying car sales are in a "slump". Sales are off only about 5% compared to last year, which was the highest annual sales in history. T
by sixQuarks 9y ago
why does everyone keep saying car sales are in a "slump". Sales are off only about 5% compared to last year, which was the highest annual sales in history. This year's new car sales are still incredibly high compared to the average yearly sales from the last 10 years.
Overall car sales have hit a plateau, you can't expect it to keep breaking records year after year, which it has done since 2009.
SUVs and trucks are still in high demand, it's sedans that have taken the biggest hit.