General Motors Company GM CEO Mary Barra spoke with the media Thursday ahead of the North American International Auto Show.
Barra estimated that U.S. light vehicle sales would be between 16.5 million and 17 million in 2015.
“That would be better than 2014's total of 16.5 million. The last time American bought more than 17 million new cars and trucks in a calendar year was 2001,” according to the Detroit Free Press.
"A growing jobs market and new vehicles that exceed expectations for fuel economy and high technology are the best ways to rekindle the love affair America's youth have historically had with cars and trucks," Barra said.
General Motors recently traded at $36.31, up 1.33 percent.
Ford Motor Company F recently traded at $15.30, up 1.7 percent.
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