Justin Fox, Columnist

Car Sales Hit Their Natural Limit, Again

Telecommuting's rise and pressures on the labor force may put last year's record out of reach.

April 4, 2017 at 5:11 PM UTC

Justin Fox is a Bloomberg Opinion columnist covering business, economics and other topics involving charts. A former editorial director of the Harvard Business Review, he is author of “The Myth of the Rational Market.”

Not celebrating much.
Photographer: Patrick T. Fallon/Bloomberg

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U.S. car and light-truck sales set an all-time record in 2016, with almost 17.6 million vehicles sold. It's not looking like that record is going to be broken this year. Report Bloomberg's Jamie Butters and David Welch:

Overall, March sales came in at a seasonally adjusted annual rate of 16.53 million vehicles, according to WardsAuto, which if it holds up for the full year could make this the worst year for auto sales since 2013.