Podcasts & RSS Feeds
Most Active Stories
- Bill to pull the plug on telephone landlines clears Michigan Legislature
- How one Michigan church is changing its views on gay marriage
- Records may fall with the snow this week in Michigan
- This supplemental bill gravely endangers infant health and Michigan's future
- Join Michigan Radio for Issues & Ale: Closing the digital divide in education
Wed January 2, 2013
2013 auto sales will be strong, firm predicts
DETROIT (AP) - 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.