New-Vehicle Registrations To Grow 6.6 Percent in 2013, Polk Predicts


  • 2013 Cadillac ATS

    2013 Cadillac ATS

    Sales of pickup trucks, midsize sedans and luxury vehicles, such as the 2013 Cadillac ATS, will give a boost to car registrations in 2013, according to a new report. | January 02, 2013

Just the Facts:
  • In a positive sign for the U.S. economy, new-vehicle registrations are expected to rise 6.6 percent over 2012 levels to 15.3 million vehicles, according to Polk.
  • "The auto sector is likely to continue to be one of the key sectors that lead the U.S. economic recovery," said Anthony Pratt, director of forecasting for the Americas at Polk.
  • The demand for pickup trucks and midsize sedans will boost vehicle registrations in 2013.

SOUTHFIELD, Michigan — In a positive sign for the U.S. economy, new-vehicle registrations are expected to rise 6.6 percent over 2012 levels to 15.3 million vehicles, according to Polk.

"The auto sector is likely to continue to be one of the key sectors that lead the U.S. economic recovery," said Anthony Pratt, director of forecasting for the Americas at Polk, in a statement on Wednesday.

Polk collects and interprets global auto data.

The demand for pickup trucks and midsize sedans will boost vehicle registrations in 2013, Polk said. The 2014 Chevrolet Silverado is one of the important new launches in the pickup truck segment in 2013.

Polk noted that Toyota and Ford are also planning to showcase redesigned vehicles in the truck segment in the next 18-24 months.

The shootout in the midsize sedan segment is also "forcing more competition," Polk said. The competitors in that category include the redesigned 2013 Ford Fusion and 2013 Honda Accord.

The luxury segment in the U.S. also will be one to watch in 2013, as it will see "significant launch activity within its compact sedan segment," Polk said.

Competitors in that segment include the 2013 Cadillac ATS.

Polk said that new vehicle introductions in 2013 "will escalate dramatically, with 43 new vehicle introductions in the U.S. planned for the year, up nearly 50 percent over 2012 levels."

"In addition, 60 vehicle redesigns are expected in the coming year," it said.

Automakers will report their 2012 sales on Thursday.

Edmunds says: Sales of new cars and trucks will be a bright spot for the U.S. in 2012, according to Polk.

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