It’s difficult to project where the U.S. economy is headed amid slow job growth but a strong labor market.
SEMA Market Research
For a while, it seemed that American muscle had seen its heyday. By the ‘80s its so-called glory years had faded, displaced by growing consumer demand for compact fuel-sippers and practical sedans. But with recent advancements in turbocharging and other mileage-enhancing technologies, modern muscle is now ironically turning the tables on the traditional passenger car.
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Auto-parts production in the last half of 2018 only grew at half the rate it did a year ago. Likewise, new-vehicle sales, while remaining positive, slowed as the year progressed.
Forty-four percent of modern musclecars have aftermarket parts installed.
Did you know that 44% of modern musclecar owners have accessorized their cars?
The year closes with solid economic growth—a phenomenal year perhaps, given how far the United States is in the current economic expansion.
The “SEMA Future Trends” report features forecasts and trends for new vehicle sales, changes in driving habits and trends, economic indicators and overall outlook and powertrain insights and forecasts.