Analysts Lower Forecasts for 2011-2013 US Sales

Massachusetts-based research company IHS Automotive has lowered its estimate for US light vehicles sales in 2011 by 200,000 units, to 12.5 million. Analyst Rebecca Lindland commented that IHS has also significantly trimmed its forecast for 2012 sales, from 14.7 to 13.5 million vehicles, as well as 2013, from 15.5 to 15 million. Read more »