Dealer organization says US auto sales to peak in 2016 - Reuters

new vehicle sales can be 17.35 million inside 2000.

Auto sales have got steadily been recovering since hitting 10.4 million vehicles within 2009.

The economist for your National Automobile Dealers Association declared U.S.

"Employment is doing extremely well, which is critical to become able to new- as well as used-car sales, so we anticipate gasoline rates in order to carry on to remain low," Szakaly mentioned in the statement issued by the NADA.

July U.S. auto sales were a new robust 17.55 million vehicles on the seasonally adjusted annualized basis, according to Autodata Corp.

. sales will peak in a record substantial in 2016 and then slide back for you to regarding final year's level.

(Reporting by Bernie Woodall; Editing simply by Phil Berlowitz)



NADA sees 2015 auto sales with 17.17 million vehicles, which could be the 4.4 % rise in the previous year.

Szakaly spoke upon Tuesday at the center with regard to Automotive research annual autos conference near Traverse City, Michigan.

Steven Szakaly, economist for your U.S. auto dealer lobbying organization, said sales of recent vehicles will hit an archive 17.46 million next year, then slide back to be able to 16.65 million vehicles within 2017.

The present annual record with regard to U.S

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