US Auto Sales Fell To Lowest Level In Decade
View Source | January 4, 2023 7:58 pm
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- The shortages and decline is sales, however, has resulted in more dealer inventory and the expectation of slightly lower prices.
- Automakers said Wednesday that they sold 13.9 million cars, trucks, SUVs and vans last year – the lowest sales number since 2011 when the economy was recovering from the Great Recession.
- Still sales were up slightly in the fourth quarter, which has analysts projecting they will increase this year by roughly 1 million – to about 14.8 million.
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