Friday, October 30, 2015 9:13:54 AM
Why the US Automotive Sales Boom Will End in 2017
In the interim, U.S. automakers will get the opportunity to build up their rainy-day funds as IHS sees U.S. sales peaking at sales of 18.2 million vehicles in 2017. Sales will slide back down to about 17 million by 2022, Chesbrough said, according to Chesbrough.
IHS isn’t alone in its boom cycle prediction for auto sales. The National Automobile Dealers Association also believes the current trend of strong sales should continue, although its tea leaves suggest the up cycle is shorter with 2016 being a record-setting year and 2017 beginning the slide back to more normal sales levels.
https://www.yahoo.com/autos/why-the-us-automotive-sales-boom-will-end-in-2017-003748705.html
Rare platinum discount to gold inspires bulls seeing slump’s end (below)
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