Auto Sales Could Reach 14.3 Million This Year

Bloomberg News - May 10, 2012

Accord­ing to esti­mates from 14 ana­lysts, 2012 is on track to be the best year since 2007, when sales reached 16 mil­lion for the year. Most automak­ers have boost­ed their fore­casts, and sev­er­al – includ­ing Chrysler, Ford, Hon­da and Toy­ota – are adding shifts or capac­i­ty to keep up with the demand. Pent-up demand, improv­ing econ­o­my and loos­en­ing cred­it are key fac­tors for the upsurge.

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