Ford CFO: China will be 'bumpy and volatile' in 2016
The thinking throughout the industry is that after a record year of sales - 17.5 million new cars and trucks in 2015 - the market could be at or near a peak.
But there's also a sense that the auto sales cycle in America isn't yet played out. The market could remain at this level for at least another year.
The rest of the world is a different story, and all eyes have been on China, which for years has rewarded automakers with substantial growth.