Peak US car sales?
Posted: Thu 13 Jul 2017, 06:54:44
Why are US car sales falling?
Car sales in America - the world's second-largest market - are stalling, but there's debate about whether the downshift is due to normal economic cycles or a sign of bigger changes.
http://www.bbc.com/news/business-40523171
The fall is not expected to be big - only 3% this year [so this is not a Doom story ], and the 'experts' seem unsure whether this is cyclical or a changing pattern. I noticed the electric cars do not even get a mention as a reason for dropping sales , but emphasis is on changing generational patterns of car buying.
I don't suppose one year's small decline will make much of a change in fuel consumption, but several year of such delcine (if it is not cyclical) might start to make a noticeable difference.