Estimated 15 Million Automobile Sales in 2013 after Strong 2012 Recovery?
KBB predicts another good year while I begin to see dark clouds on the horizon. According to a recent release from KBB, new-car sales in 2013 should surpass 15 million units and will be driven by replacement demand, low interest rates, and compelling product redesigns and introductions. While I have been in the optimistic sales camp for the past 3 years with predictions of 12, 13 and 14.5 million units sold in 10, 11 and 12 respectively, the general economy appears to be flattening out and the demand for ?want? based and ?need? based new and replacement for new automobiles may have reached a peak over the near term.