Economic factors may lead to a decline in new car sales in the United States in 2019

[袁春凤 (Tiffany)]

According to foreign media reports, sales of light vehicles in the United States last year (2018) were not only higher than those in 2017, but also exceeded analysts' expectations, with a total of 17.3 million vehicles sold. However, analysts and industry observers again said that due to a variety of economic factors, the U.S. light vehicle market will show a downward trend in 2019, but the decline is relatively small.

Many analysts expect U.S. light vehicle sales to range from 16.5 million to 17 million in 2019. J.D. Power expects between 16.9 million and 17 million vehicles, with retail sales of light vehicles between 13.6 million and 13.7 million.

As in 2018, the relative strength of the U.S. economy masked concerns about new car prices and rising interest rates. But in addition to these, there will be other problems in 2019, such as the impact of tariff and tax reform.

As a auto parts supplier, Chongqing Feilong Jiangli will keep up-to-date information on new information and new energy industries.