“The rebound in U.S. auto sales shows few signs of slowing down according to a new report that projects new vehicle registrations will top 15 million this year. The auto research firm Polk estimates new vehicle registrations will increase by 900,000 and total 15.3 million for the year.
“Provided we don’t see the economy slow down, we should see relatively strong auto sales growth this year,” said Anthony Pratt, director of forecasting for the Americas at Polk.
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Polk tracks new vehicle registrations, which tend to come in just short of auto industry sales….”
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