Post by fayemorrison on Jan 8, 2013 0:37:05 GMT -5
The economy is on the upswing in 2013, and auto industry forecaster Polk predicts that new automobile registrations will be up an impressive 6.6 percent for the year, reports Automotive News. This will convert to 15.3 million brand new car sales, according to experts. Are you looking to purchase or sell a new or used automobile? If this could be you, do yourself a favor and review Gus Johnson used cars Spokane.
Car registrations 'escalate dramatically'
Polk notes that new automobile introductions will be way up in 2013, as 43 brand new vehicles will hit the U.S. market. That's a 50 percent increase over the number of introductions in 2012. Plus, 60 different automobiles will feature redesigns over the course of the new year. Buzz produced by this activity will naturally contribute to increased sales in a more stable economy. In the event that prompt fiscal cliff decisions are made, Polk's director of forecasting for the Americas Anthony Pratt sees positive things.
"Polk expects continued recovery in the industry in 2013 and 2014, a positive sign for the U.S. economy," said Pratt. "The auto sector is likely to continue to be one of the key sectors that lead the U.S. economic recovery; however, we don't expect to realize pre-recession levels in the 17 million vehicles range for many years.”
Automotive types on the increase in 2013
It is expected that in 2013 and 2014, people will start purchasing trucks again. With lack of gas mileage and a high price, people stopped getting trucks for a while there. Now, professionals see changes because GM, Toyota and Ford have been working on major redesigns.
About 18.5 percent of the market is made up of mid-sized sedans, and they are expected to continue to get most of the sales. That is much higher than any part of the industry.
"Recent redesigns of nearly every vehicle in the mid-size segment are forcing more competition and continued growth," said Polk's lead North American analyst, Tom Libby. "The current array of options for consumers in the market for a new mid-sized vehicle makes it a great time to buy a new car."
Polk believes that 2012 luxury models included 2.9 percent of all sales in North America. It is expected that 2013 will look even better. The declining gas prices will keep compact luxury sedans in the industry
Polk explained that non-luxury crossovers have been seeing a lot more sales during the last few years and will continue to see a ton of increases.
Buying smaller automobiles
There is going to be a rise in the amount of hybrids for 2013 because there are higher CAFÉ requirements in the country now. Only 2.9 percent of sales in 2012 were hybrids, but that number is expected to increase slightly in 2013.
For The Absolute Best Sale For A Pre-Owned Or New Car, Van, Truck or SUV Check out Edmonds Magic Toyota Scion Today!
Sources
Automotive News
PR Newswire
Tire Business
Car registrations 'escalate dramatically'
Polk notes that new automobile introductions will be way up in 2013, as 43 brand new vehicles will hit the U.S. market. That's a 50 percent increase over the number of introductions in 2012. Plus, 60 different automobiles will feature redesigns over the course of the new year. Buzz produced by this activity will naturally contribute to increased sales in a more stable economy. In the event that prompt fiscal cliff decisions are made, Polk's director of forecasting for the Americas Anthony Pratt sees positive things.
"Polk expects continued recovery in the industry in 2013 and 2014, a positive sign for the U.S. economy," said Pratt. "The auto sector is likely to continue to be one of the key sectors that lead the U.S. economic recovery; however, we don't expect to realize pre-recession levels in the 17 million vehicles range for many years.”
Automotive types on the increase in 2013
It is expected that in 2013 and 2014, people will start purchasing trucks again. With lack of gas mileage and a high price, people stopped getting trucks for a while there. Now, professionals see changes because GM, Toyota and Ford have been working on major redesigns.
About 18.5 percent of the market is made up of mid-sized sedans, and they are expected to continue to get most of the sales. That is much higher than any part of the industry.
"Recent redesigns of nearly every vehicle in the mid-size segment are forcing more competition and continued growth," said Polk's lead North American analyst, Tom Libby. "The current array of options for consumers in the market for a new mid-sized vehicle makes it a great time to buy a new car."
Polk believes that 2012 luxury models included 2.9 percent of all sales in North America. It is expected that 2013 will look even better. The declining gas prices will keep compact luxury sedans in the industry
Polk explained that non-luxury crossovers have been seeing a lot more sales during the last few years and will continue to see a ton of increases.
Buying smaller automobiles
There is going to be a rise in the amount of hybrids for 2013 because there are higher CAFÉ requirements in the country now. Only 2.9 percent of sales in 2012 were hybrids, but that number is expected to increase slightly in 2013.
For The Absolute Best Sale For A Pre-Owned Or New Car, Van, Truck or SUV Check out Edmonds Magic Toyota Scion Today!
Sources
Automotive News
PR Newswire
Tire Business