DETROIT — Automakers are expected to keep up a brisk pace of new-vehicle introductions over the next four years as the industry recovers from supply constraints and continues pivoting toward electric vehicles, according to the annual "Cars Wars" study of the U.S. product pipeline.
John Murphy, a senior auto analyst at Bank of America Merrill Lynch, said he expects automakers to launch roughly 245 new models over the next four years. That averages out to 61 per year — 50 percent higher than the average over the past two decades.
Of those new vehicles, 60 percent will be either electric or hybrid while 40 percent will be internal combustion.
"It is still very clear from our analysis that the advent of alternative powertrain vehicles, most notably battery-electric, is here, which is encouraging," the study said.
The new model mix from 2023 to 2026 is expected to be 78 percent crossovers and light trucks and 22 percent cars.
Murphy predicts …