Pursuits
U.S. New-Auto Registrations to Grow 6.6% in 2013, Polk Estimates
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Sales of new autos, a bright spot for the U.S. in 2012, will grow further this year as an improving economy and demand for pickups and for midsize cars boosts registrations 6.6 percent, according to R.L. Polk & Co.
About 15.3 million new light-vehicle sales will be registered in 2013, up less than 1 million from last year, the Southfield, Michigan-based auto researcher said in a report today. The growth rate may be less than half that of 2012 as the industry has already regained much of the volume lost to the recession, Polk said.