GM, Ford predict ’13 sales will top 15M units

Jan 08, 2013 | 12:48 PM | Corinna Petry

Tags  Automotive sales forecast, General Motors, Mark Reuss, Kurt McNeil, Mustafa Mohatarem, Ford Motor, Ellen Hughes-Cromwick, Corinna Petry

CHICAGO — General Motors Co. and Ford Motor Co. are projecting higher vehicle sales in 2013.

Speaking during monthly sales calls, executives at both automakers sounded bullish on consumer demand, citing steady employment, low interest rates and a growing driving-age population, as well as the aging of vehicles currently on the road and a slate of new product launches.

Detroit-based GM expects U.S. passenger car and light truck sales to total between 15 million and 15.5 million vehicles, a development "that (would) make 2013 the industry’s best year since before the great recession," vice president of sales operations Kurt McNeil said.....

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