Seeking Alpha

New-vehicle registrations are expected to grow to 15.3M this year, research firm Polk says, with...

New-vehicle registrations are expected to grow to 15.3M this year, research firm Polk says, with actual sales possibly reaching 15.4M from 14.4M in 2012 as the industry benefits from increased loan and lease access for consumers, and from refreshes in the midsize-car segment. Sales are also expected to top 16M in 2014 for the first time since 2007. The sales figures for 2012 are due tomorrow.
From other sites
Comments (5)
  • june1234
    , contributor
    Comments (2861) | Send Message
     
    I would imagine there should be more people driving in 2014 than in 2007
    2 Jan 2013, 06:16 AM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    I have to admit cars are selling...but I think many of the sales are free money again...subprime loans...
    2 Jan 2013, 07:18 AM Reply Like
  • Tdot
    , contributor
    Comments (4263) | Send Message
     
    Maybe. Certain folks learned during the Great Recession that they could walk away from mortgages and car loans, with the loving protection of The Regime, with absolutely no consequences.

     

    That said, most car loans have been getting a lot more scrutiny, and are not bought and sold as commodities.
    2 Jan 2013, 08:46 AM Reply Like
  • juicejack
    , contributor
    Comments (88) | Send Message
     
    By "The Regime" I guess you mean the fat cats in Congress who gut regulation so they can increase their Masters' profits.
    2 Jan 2013, 03:21 PM Reply Like
  • moran
    , contributor
    Comments (214) | Send Message
     
    Congress is majority republicans.....are "they" the ones you fellows are refering to, or do you just like to make off the wall remarks?
    2 Jan 2013, 09:08 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs