Sales of new cars continue to rise right along with the economy, according to a report by USA Today.
Now that winter has been completely shaken off, April auto sales may be startling, a popular auto-buying website is predicting. In fact, they may hit the highest level for a single month in a decade.
April auto sales will hit a seasonally adjusted annual rate of 16.8 million, says TrueCar.com. New vehicle sales will rise 6.8% compared to the same month last year. Among brands, Subaru is likely to be the biggest winner.
“Underpinning this solid outlook is an incredible appetite for crossovers, sport utilities and pickup trucks,” says Eric Lyman, vice president of industry insights for TrueCar, in a statement. “Automakers with strong light truck offerings continue to gain and will benefit from the likelihood gasoline prices will remain low this summer.”
The website has also raised its predictions for the full year, now saying sales are likely to hit the 17.1 million mark in the U.S.