At the 23rd Automotive Outlook Symposium held in Detroit last week, participants representing manufacturing, banking, consulting and academia offered up predictions for 2016 and 2017. The general consensus: we’re in for a good time, possibly for a long time. The sales party will continue beyond 2017.
According to the Federal Reserve Bank of Chicago, which compiled median results from the symposium, the forecast predicts a total of 17.3 million vehicles sold in the United States this year. In 2017, the total number of sales is expected to dip ever so slightly to 17.2 million vehicles.
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