Sunday, January 6, 2013

The good news and the bad news about December car sales

The good news and the bad news about December car sales

The holiday season saw Santa leave some nice gifts for the industry. And the last-minute push past partisan gridlock that avoided an economic meltdown (can we all now abandon last year's tired cliché, "fiscal cliff"?) suggests that 2013 will maintain momentum. By most estimates, we'll see new vehicle sales surge somewhere into the low to mid-15 million range this year, and a new forecast by RL Polk predicts we could be looking at volumes of 16 million by mid-decade.
That's great news. At least it should be if you work for an automotive company or supplier or have some auto shares in your stock portfolio.

Autoblog , The good news and the bad news about December car sales

See also:
itnews, The good news and the bad news about December car sales

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