Car sales expected to ramp up significantly in 2021 following bust amid coronavirus

Car sales are on the upswing.
Alan Schein Photography/Getty Images
Last year was not a great year for automakers. Production halted and sales plummeted. And although the pandemic continues to rage amid vaccines rolling out, a new forecast shows brighter days in 2021 for carmakers. TrueCar released its 2021 forecast on Thursday and the firm’s analysts believe we’ll see 16 million cars sold this year.
The figure includes both retail and fleet sales for the total number, and it marks a substantial uptick from 2020 numbers. Last year, new cars sales dropped significantly, with a total of 14.6 million cars sold. To put that into perspective, it was the worst year for carmakers since 2012, when Americans scooped up 14.4 million new cars in the shadows of the Great Recession. Throughout the