October 13, 2013

Auto Briefs

Forecast: Sales next year will be strong; U.S. in top spot for insurance costs


(The Associated Press)

Vehicle sales in 2014 expected to be strong
New-car sales in 2014 are expected to reach 16.4 million, forecasts Edmunds.com, an automotive-information site. The figure is close to the 16.5 million new cars sold in 2006, prior to the Great Recession. "The average age of all light vehicles on the road climbed to 11.4 years in 2013, and an aging fleet will continue to force buyers back to the market next year," says Dr. Lacey Plache, the site's chief economist. Sales for this year are expected to come in at 15.5 million.
NWautos staff



Americans pay the most for insurance
The U.S. is No. 1 — for most expensive auto insurance, according to 4AutoInsuranceQuote.com, a website that offers car-insurance quotes. In its list of most expensive countries for insurance, the site found that the average amount Americans pay is $1,706.86 per year. Austria came in second, followed by Germany, the United Kingdom and Australia. In Australia, people who live in Sydney, the country's biggest city, pay an average of $1,175 per year for auto insurance.
NWautos staff


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