Analyst: Auto sales could reach 17 million by 2015
At a presentation to the Automotive Press Association in Detroit yesterday, Michael Robinet, director of global production forecasters at IHS Automotive, said U.S. auto sales could reach 17 million in 4 years.
Robinet predicts sales will exceed 12.8 million next year and 16 million in 2013. As the Detroit Free Press reports:
That would be a huge reversal from the historically low sales levels that brought the industry to its knees during the recent recession. The last time industry sales exceeded 17 million was in 2001.
U.S. car sales were up by 17 percent last month. The country's most popular automakers in November were: