Edmunds Forecasts 2013 Auto Sales

- September 19, 2012

Edmunds.com’s fore­casts that the rate of new car sales per licensed dri­ver will con­tin­ue to increase as it has each year since hit­ting a reces­sion low of 0.05 in 2009.

Will auto sales con­tin­ue the growth pat­tern into 2013?

Auto sales growth will con­tin­ue in 2013, although at a slow­er rate than in recent years. Edmunds.com fore­casts sales of 15 mil­lion light vehi­cles in 2013, an increase of 4 per­cent over the 14.4 mil­lion expect­ed in 2012. This would make 2013 the first year of non-dou­ble-dig­it sales growth since the recov­ery began.

Edmunds.com’s fore­cast assumes that the rate of new car sales per licensed dri­ver will con­tin­ue to increase as it has each year since hit­ting a reces­sion low of 0.05 in 2009. This rate is expect­ed to be 0.067 in 2012 and 0.0695 in 2013.

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