Last year was yet another good one for the U.S. auto industry. Overall, 17.2 million vehicles were sold in 2017 — one of its five all-time best years — and profits were high.
Automakers aren't rejoicing — sales declined about 2 percent after reaching a record in 2016. And, despite a good economy, analysts predict another drop this year.
"I can tell you (we're) coming off a plateau in the last couple of years for sure," says Mark Scarpelli, chairman of the National Automobile Dealers Association.