Industria — Healthy

Auto Industry Healthy Enough To Withstand Next Downturn, Analysts Say

Auto Industry Healthy Next Downturn

Auto Industry Healthy Enough To Withstand Next Downturn, Analysts Say

Auto Industry Healthy Enough To Withstand Next Downturn, Analysts Say Last year was yet another good one for the U.S. auto industry. Overall, 17.2 million vehicles were sold in 2017 — one of its five all-time best years — and profits were high. Automakers aren't rejoicing — sales declined about 2 percent after reaching a record in 2016. And, despite a good economy, analysts predict another drop this year. "I can tell you (we're) coming off a plateau in the last couple of years for sure," says Mark Scarpelli, chairman of the National Automobile Dealers Association. Scarpelli, a Chicago area...

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