The US car market is forecast to contract slightly over the next two to three years, with sales set to fall from a high of 17.8m this year to around 16.3m in 2019, according to figures from industry analyst PwC. As OEMs cope with swelling inventory, the car carrier sector faces some difficult questions over excess capacity built up over a seven-year period of growth and investment. But a drop in new vehicle sales is likely to be more than compensated for by a rise in the movement of used vehicles, which account for the majority of business for many car carriers.
