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US car sales to decline in 2018, ending 7-year growth streak

Eric Ibara, Director of Residual Value at Kelley Blue Book reviews 2017 and looks ahead to a likely contraction of the US light vehicle market in 2018

Mid-way through the last month of 2017, the automotive landscape looks vaguely like the market the year before. In 2016, despite predictions that it would be the first year in seven not to achieve a year-over-year gain, attractive incentive programmes helped boost new-car sales to 17.5 million and beat 2015’s sales number. The difference in 2017 is that…

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