This year is set to end on a high note as far as U.S. car sales are concerned, with 2015 shaping up to be the best year in a long time.
The Detroit Bureau reports a combination of falling gas prices and an improving U.S. economy is setting the coming year up for a new-car sales record of over 17 million, with total sales going over 55.7 million in the same period. The previous peak new-car annual sales figure was in 2000, when 17.4 million units left the showroom floor.
Transaction prices are set to climb higher in 2015, as well, with new-car averages rising 2.4 percent from this year to a record $32,589, and used-car averages scaling 2.1 percent to $16,678.
As for the segments that will see the biggest growth in revenue, luxury and utility vehicles will lead the way, pulling in $116.7 billion and $192.1 billion, respectively. Trucks are forecasted to take third on the podium, with $95.7 billion in revenue.
The post 2015 US Auto Sales Expected To Push Past 17M Units appeared first on The Truth About Cars.
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