Overview
- Some auto forecasters predict the industry will be smaller and more competitive in the coming years.
- Bain and Company cites slowing population growth, changing consumer behavior and high prices as some of the reasons they’re expecting automakers to sell fewer cars.
- Analysts said auto sales could fall by more than 2 million units by 2040.
Ten years ago, a record 17.6 million cars, trucks and SUVs were sold in the U.S. Some forecasts say the country might not come close to that number again.
Source: https://www.cnbc.com/2026/06/28/us-auto-market.html