Sales in January took an expected small year-over-year drop (-2%).
Lease volume grew for the seventh consecutive year in 2016, achieving an all-time high of 4.3 million units.
Capping off 2016 with a best ever Decemeber sales record of 1.68M units (2.5% above last year) pushed the full year's sales past the record set in 2015. 2016 sales came in at 17.5M new units, a 0.3% lift from 2015.
Q2 of 2016 closed with 9.8M vehicles sold in the used market, an increase of 1.8% over the previous year.Franchise used sales showed a 4.0% increase over 2015 and had its best Q2 ever.
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US Auto Industry Sales: 13 Month Comparison