Car buying reaches nine-year high in US
15/12/2015
More than 17 million new vehicles were registered; the record reached in 2006 was 1.4 million, and fell to 10.2 million in 2009.
"It's encouraging to see new registrations return to prerecession levels, with lower interest and higher employment rates driving vehicle demand," said Brad Smith, Experian's director of automotive market statistics.
"While I'm sure the auto industry would like to continue this growth annually, it is important to continually monitor data trends and economic indicators to identify shifts in demand and adjust business strategies accordingly."
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