Happy Days Are Here Again? Analyst Sees 15 - 16 Million Cars This Year

James W. Paulsen, chief investment strategist at Wells Capital Management, sees U.S. auto sales bouncing “back to normal” by year’s end. “Normal” being “a rate of 15 million to 16 million vehicles.” Bloomberg painted a nice Chart of the Day, which seems to support that gutsy theory.

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  • Sayahh I do not know how my car will respond to the trolley problem, but I will be held liable whatever it chooses to do or not do. When technology has reached Star Trek's Data's level of intelligence, I will trust it, so long as it has a moral/ethic/empathy chip/subroutine; I would not trust his brother Lore driving/controlling my car. Until then, I will drive it myself until I no longer can, at which time I will call a friend, a cab or a ride-share service.
  • Daniel J Cx-5 lol. It's why we have one. I love hybrids but the engine in the RAV4 is just loud and obnoxious when it fires up.
  • Oberkanone CX-5 diesel.
  • Oberkanone Autonomous cars are afraid of us.
  • Theflyersfan I always thought this gen XC90 could be compared to Mercedes' first-gen M-class. Everyone in every suburban family in every moderate-upper-class neighborhood got one and they were both a dumpster fire of quality. It's looking like Volvo finally worked out the quality issues, but that was a bad launch. And now I shall sound like every car site commenter over the last 25 years and say that Volvo all but killed their excellent line of wagons and replaced them with unreliable, overweight wagons on stilts just so some "I'll be famous on TikTok someday" mom won't be seen in a wagon or minivan dropping the rug rats off at school.