Overcast
16°FOvercastFull Forecast

2013 auto sales will be strong, firm predicts

DETROIT – An auto industry research firm says an improving economy and a host of new models should push U.S. auto sales above 15 million this year.

The Polk research firm says auto sales should continue to lead the country's economic recovery. Polk predicts 15.3 million new vehicle registrations this year, up nearly 7 percent from 2012.

Automakers release December and full-year sales for 2012 on Thursday. Analysts predict sales of around 14.5 million, the strongest year since 2007.

Polk expects 43 new models to be introduced this year, up 50 percent from last year. New models usually boost sales. The company also predicts a rebound in large pickup truck sales.

But the optimistic forecast firm hinges on Washington reaching agreement on spending cuts that could happen later in the year.

Comments

Get breaking and town-specific news sent to your phone. Sign up for text alerts from the Northwest Herald.

More News

Comments

Reader Poll

How long do you think it will be before the Bears reach a Super Bowl?
In the next three seasons
In the next four to five seasons
In the next six to 10 seasons
In more than 10 seasons