By Nathan Bomey Free Press Business Writer
ORLANDO — Global auto production is expected to surge in 2014 and 2015 despite lingering weakness in Europe, but output of hybrids and electric vehicles will grow more slowly, experts said at the J.D. Power & Associates International Automotive Roundtable.
J.D. Power projected that global vehicle production would rise from 81 million units in 2012 to 82.7 million in 2013, 89.7 million in 2014 and 96 million in 2015.
I may not have posted the unit projections but that's pretty much what I posted yesterday. The primary concern for holding stock into summer 2015 is UAW contract negotiations will be in play. Beyond that, 2014 and 2015 will be great sales years for Ford. ...and 2013 not to shabby.