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What they'll say about car sales in 2015: 'It was a very good year....'

Brian Teutsch
/
flickr/creative commons

A "barn burner." 

That's how Michelle Krebs, an analyst with Kelley Blue Book, characterizes new car sales in 2015. 

Sales are expected to at least match the all-time record of 17.4 million set in 2000.

Krebs says pretty much every month this year, her group underestimated the number of cars leaving dealer lots. 

And there's no sign that the pace will slow.

"This November looks like it'll be a very strong month because of so many great deals," says Krebs, "and there's no reason to believe December won't be the same."

Low interest rates on car loans, low gas prices, and an improved economy are combining to spur sales, she says.

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Tracy Samilton covers energy and transportation, including the auto industry and the business response to climate change for Michigan Public. She began her career at Michigan Public as an intern, where she was promptly “bitten by the radio bug,” and never recovered.
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