New car sales expected to reach 16.7 mln in U.S. in 2018

DETROIT, Jan. 15 (Xinhua) -- U.S. National Automobile Dealers Association (NADA) predicted recently that sales of new cars and light trucks will reach 16.7 million units in U.S. in 2018.

Market demand for light trucks, SUVs, crossovers and pickups will be particularly strong in 2018, accounting for more than 65 percent of sales, it said.

NADA's sales forecast is indicative of a stable and healthy market for new vehicles in 2018. "We expect 2018 to be robust year," said NADA Chairman Mark Scarpelli in a statement.

"Every dealer in America would be thrilled with annual sales above 16 million," Scarpelli added.

NADA is a multi-franchise dealer near Chicago.