SANTA MONICA, Calif., Dec. 17, 2015 /PRNewswire/ — Edmunds.com, the premier destination for car shopping, forecasts that 1,688,167 new cars and trucks will be sold in the U.S. in December for an estimated Seasonally Adjusted Annual Rate (SAAR) of 17.8 million. This will make December 2015 the fourth best-selling month on record, surpassing the previous December record of 1,537,655 sales registered in 2004. This month’s performance will propel the industry to 17.5 million sales in 2015, besting the previous record high of 17.35 million new car and truck sales in 2000.
“It’s truly remarkable that the auto industry is finishing off its best year ever just six years after the depths of the Great Recession,” says Edmunds.com Director of Industry Analysis Jessica Caldwell. “Low-APR offers and tumbling gas prices are making it easy for shoppers to buy or lease a new car, but don’t overlook the products themselves. If you’re buying a new car today, you’re getting a safer, more fuel-efficient and more technologically-packed vehicle than ever before. Automakers are doing a great job giving the people what they want in a new car.”