For the first time in seven years, U.S. sales of cars and light trucks in 2016 will fall. Many specialist estimations have shown that a car sales plateu is awaited and a growing economy and political risk. A report released on Tuesday revealed an outlook of 17.4 million vehicles from 17.7 million.
The new estimation is 40,000 fewer than last year’s record, each annual projections have been reduced for the each next year through 2023. The conditions are still not negative, which means good numbers are still being predicted but it couldn’t be denied that is doesn’t get better. The average estimation from analysts is now 17.6 million for 2016, down from 17.8 million. To the falling stock for Ford Motor Co. has contributed the feeling that sales may have already touched their peak. This decline that was predicted for the next years will be the first since 2009, maybe a reason for this drop off was the lack of weather-related problems like the ones in the beginning of 2015.
The growth slows and automakers are in a difficult moment, they have to figure out how to get out of this problem and elaborate some long-term strategies that will help on keeping customers interested in new cars. The U.S. economy isn’t contracting and stronger, the hope that sales will get back on track by 2017 is alive but we can’t forget that it all depends on how car makers will control this situation.
