Wall Street analysts are predicting US auto sales are doomed — but they couldn't be more wrong (GM, F, TSLA)
•The US auto market could decline, but the fall won't be devastating.
•The industry is heading into a predictable cyclical downturn.
•Analysts are overstating the potential damage to fuel a thesis about high-tech disruption.
Barring a sales surge through the second half of 2017, it looks now as if the US market will only match, not beat, its record sales pace from the past two record years.
That means something like 17 million-17.5 million new cars and trucks could roll off deale
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