2015 – A Record Year for U.S. Car Sales
Americans are buying more new cars than ever before.
U.S. auto sales were expected to reach a record high of 17.5 million in 2015, topping the old record of 17.35 million set in 2000.
Car shopping site Edmunds.com predicted the biggest December in history for the auto industry, with nearly 1.7 million vehicles sold.
Automakers were to report December and full-year sales on Tuesday.
Among the first manufacturers to do so, Fiat Chrysler’s U.S. division said its sales jumped 13 percent over last December, while Nissan’s sales were up 19 percent.
Low gas prices, historically low interest rates, and a stronger economy are fueling the boom. Buyers who held off purchases during the recession have also been lured back into the market by enticing new vehicles.
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