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U.S. Auto Sales Race Toward 17 Million Mark

WESTCHESTER COUNTY, N.Y. -- According to report May sales, the auto industry could reach the 17 million mark in new vehicles delivered this year, reports The Wall Street Journal.

The auto industry is hoping to reach the 17-million mark; a goal that hasn't been seen since 2001.

The auto industry is hoping to reach the 17-million mark; a goal that hasn't been seen since 2001.

Photo Credit: microvoyages.net

Though the numbers have decreased 1 percent from 2014, these high levels haven't been seen since 2001, according to the report.

Analysts are still trying to decide how the entire year will look for the auto industry, with predictions ranging from a finished year at 16.9 million; others predicting that the industry will pass the 17-million mark, reported The Wall Street Journal.

The highest amount seen was in 2000, when the industry solder 17.3 million vehicles, according to The Wall Street Journal.

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