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Light vehicle sales goal: Top 16 million mark

from Rubber News

Sixteen million is back — and it's likely to stick around for quite a while. New U.S. light vehicle sales are widely expected to surpass 16 million in 2014 for the first time since 2007, the culmination of a long recovery from the disastrous recession. The U.S. auto industry posted light vehicle sales of 15.6 million units in 2013, an 8 percent gain over 2012, according to industry data. So to reach 16 million, sales will need to rise 3 percent in 2014. more

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