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Automotive sales will be up this year, but only slightly as many consumers sit out the second half to wait for results from the election, analysts at Cox Automotive said Tuesday.
For new cars, Cox Automotive forecast 15.7 million cars will be sold this year, including 12.8 million through dealers. While the total is unchanged from Cox Automotive's March forecast, retail sales fell from an expected 12.9 million in March.
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