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U.S. car sales rose more than we were expecting it will be in November, we had an increase of 3.7% of the industry sales, it shattered a record for the month that was set in November 2001. Auto sales rose at a seasonally adjusted annual rate of 17.87 million. Economists had estimated that sales rose at a 17.7 million rate. The sales were aided by two extra selling days from a year ago and fueled by Black Friday promotions and while there was concern about shaken consumer confidence after Donald Trump was elected president earlier in the month, car buyers apparently did not hold back.&nbs...
The U.S. auto sales forecast in 2016 remains at 17.4 million vehicles, but with a bias toward the upside. That would allow a new record beyond last year's record of 17.39 million vehicles or 17.47 million vehicles. Next year is pivotal for the auto industry, due to the chance of an economic stimulus plan under a Donald Trump presidency and the likelihood that attractive consumer discounts, or incentives, are pulling some 2017 sales into the current year. The U.S. economy and auto industry could be facing a boom or bust, depending on which policies are focused on and implem...
It seems like Chevrolet Bolt EV, Tesla Model 3 and electric vehicles in general face a radically new regulatory and political playing field as a professed climate change skeptic prepares to occupy the White House. Trump's administration has been short on policy specifics. But just two days after the election, automakers' chief lobbying group, the Alliance of Automobile Manufacturers, urged the Trump transition team to revise not only the fuel economy standards, but also the Obama administration's autonomous vehicle standards, on the grounds that they could cost its membe...
For the third year the U.S. new vehicle sales will stay above 17 million, forecasts say we must expect volume to finish out this year during 17.4 million, descending somewhat brief of 2015’s record of 17.47 million. Specialists believe automobile sales movement will continue by 2017, upheld by plain altogether U.S. mercantile growth, gasoline prices remaining subsequent $2 a gallon and a jolt off of domestic fallout from a warn choosing of Donald Trump as U.S. president. They also revealed they see an intensity for a second half swell in 2017, maybe pushing sales to 17.3 milli...
It seems that the new president Donald Trump didn't manage to win the love of China yet, truly saying the idea of launching an all-trade war against China isn't something the country must really like. We remember the way China lashed out repeatedly the Asian country during the acrimonious race for the White House. The communist party leader voted for punishing Beijing with defensive 45% tariffs on Chinese imports and to officially declare it a currency manipulator. US auto and iPhone sales in China will suffer a setback, and US soybean and maize imports will be halted. China...
