Wednesday, December 28, 2011

Analysts predicting up to 14M auto sales in 2012

Analysts predicting up to 14M auto sales in 2012

Automotive industry analysts are projecting a better sales year in 2012. According to Automotive News, a number of culminating factors could see sales of up to 14 million units next year. That's thanks to factors like decreasing unemployment, improved credit availability and a larger portion of the population looking to replace older vehicles. Don't think that means the overall economy will be any stronger next year, however. According to the studies, buyers have simply grown more callous to news of repeated financial crises and aren't likely to let that news impact their new vehicle purchases.

Autoblog, Analysts predicting up to 14M auto sales in 2012

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