A seven-year uphill ride for auto sales has hit the brakes, sort of
Share Now on:
Well, it was great while it lasted. And boy did it last. The U.S. auto industry enjoyed a record, seven-year run of new car sales on top of sales. But in 2017, the party seemed to end. The key word here is “seemed.” Yes, sales did fall off by 1.8 percent. But in a number of ways the auto industry is still awfully healthy.
Click the audio player above to hear the full story.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.
Give today and get our limited edition tote.