Cooling Cars

In 2019, US sales of autos and light trucks totaled 16.9 million. 2019 is the first year since 2014, when sales were 16.5 million, that auto sales fell below 17 million. Sales peaked in 2016 at 17.5 million and have been slowly declining since. As for the world’s largest car market, China, 2019 sales were 20.7 million, down 7.4% from 2018 which was down 5.8% from the peak in 2017.