LMC Sales Outlook for 2017

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Global demand for new passenger vehicles will grow 2% this year, but volume in North America will decline by the same ratio, predicts Jeff Schuster, senior vice president of Forecasting for LMC Automotive in this exclusive AutoBeat Daily quarterly forecast.

LMC says that full-year sales in the U.S. for 2017 will drop to about 17.0 million units from the previous year’s all-time high of 17.5 million. Schuster expects sales to range between the high 16 millions and low 17 millions for the next several years.

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