Dealers confident about 2013 auto sales, Ally Financial survey shows

auto dealer (select to view enlarged photo)

DETROIT--Feb. 11, 2013: Auto dealers remain optimistic about a continued increase in auto sales in 2013, with nearly 60 percent surveyed expecting their sales to grow by more than 10 percent this year, according to a survey by Ally Financial at the National Automobile Dealers Association (NADA) Convention.

More than 54 percent of dealers surveyed expect consumer confidence to be the key factor in sustaining auto sales momentum in 2013.  The age of vehicles on the road, incentives and the availability of new vehicle inventory will also support sales growth, dealers said.  About half of dealers surveyed indicate that customer credit profiles are improving.

"We expect 2013 to be a strong year for the auto industry as the economy and consumer credit profiles steadily improve and as new models attract customers to showrooms," said Tim Russi, president of Auto Finance for Ally Financial.  "We met with many dealers at NADA who reinforced our position and share our optimism and passion to make it happen."

The used vehicle department will be the most profitable within the dealership this year, according to 47 percent of dealers surveyed.  Further, more than 70 percent of dealers expect sales of F&I products, such as vehicle service contracts, to increase this year.

Ally Financial surveyed more than 100 dealers that attended the 2013 NADA convention and expo in Orlando, Fla. on Feb. 9 and 10, 2013.

Home | Buyers Guides For Every Auto Make | New Car Buyers Guide | Used Car Super Search | Total New Car Costs | 2016-1993 Car Reviews Truck Reviews
1996-2016 Automotive News | TACH-TV | Media Library | Discount Auto Parts

Copyright © 1996-2016 The Auto Channel. Contact Information, Credits, and Terms of Use. These following titles and media identification are Trademarks owned by The Auto Channel, LLC and have been in continuous use since 1987 : The Auto Channel, Auto Channel and TACH all have been in continuous use world wide since 1987, in Print, TV, Radio, Home Video, Newsletters, On-line, and other interactive media; all rights are reserved and infringement will be acted upon with force.

Privacy Statement | Size Does Matter | Media Kit | XML SITE MAP | Affiliates

Send your questions, comments, and suggestions to

Submit Company releases or Product News stories to
Place copy in body of email, NO attachments please.

To report errors and other problems with this page, please use this form.

Link to this page: