Published on Tuesday, May 17, 2016 | Updated on Sunday, May 13, 2018

U.S. | Auto Industry Chartbook

Although auto sales peaked in late 2015, they continue to be supported by sound economic conditions. Low gasoline prices & efficiency improvements have diverted demand towards light-trucks & away from cars. A record high average vehicle age encourages replacements & supports sales. Leasing remains an increasingly preferred form of financing, especially for luxury vehicles

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