2017 may prove to be like no other recent year for auto dealerships and manufacturers. 2016 was the seventh consecutive year of record sales, and December was one of the best months of the year for U.S. light-vehicle sales in history.
Yet, predictions about what will follow range from panic that the market will inevitably contract to a moderate view that it has plateaued, and even expectations that the best is yet to come. Then there is the influence that the newly-elected president will have on the industry which is, as of yet, not defined, and with some calling him an X-factor in the whole equation.
So what can auto dealerships expect in 2017? Read on for an overview of automotive industry trends 2017.Read More