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  • Toyota Corolla ends Hyundai i30's record sales in July!
    01 Aug 2016

    Toyota Corolla is the new big hit in the auto industry, the new model has ended the Hyundai 130's record four-month winning streak. After the Korean car brand has removed the discount of $7500 on Hyundai models, it was pretty obvious that a new king-car is gonna take its place and this time it's Corolla.  An 11-year sales high in June across all small vehicles has been posted by Hyundai i30, but it took a massive down this month by a staggering 65 per cent, from 6400 to just 2200. Hyundai costs at around $19,990 with its big discount, but once the discouns was done ...

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  • Commercial building vs. new car sales
    31 Jul 2016

    There is no doubt that commercial building is a sign of a thriving economy. That is why we can say that Licking County might be building its way to economic prosperity. This year Licking County has 12 building projects of at least $1 million and 21 projects costing $500,000 or more. Overall, commercial building is up 240 percent, compared with 2015.  The most surprising thing here is that the only economic indicator not showing improvement in the first half was the number of new car sales, down for the second year in a row after several years of significant increases. It's diffic...

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  • Are high car sales an indicator of prosperity?
    31 Jul 2016

     We know what a success presents the steady growth of American automobiles market, and the most important thing here is that last year auto makers have even set a record by selling more than 17.4 million new cars. Now, the consumer demand is slowly reducing after six consecutive years of rising sales, the industry might be near collapse because of the financial crisis, and car companies are put in pressured situations.   The results for this month are expected to appear on Tuesday, car companies might lose their investors if the sales will be lower than the previous month. ...

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  • Best car sales results for the last 11 years?
    28 Jul 2016

    We are all waiting for the July car sales report to be revealed at the beginning of August, it is expected to set the stage for a robust second half of the year in dealer showrooms, according to our monthly forecast. We consider that it will be the best July for the last 11 years.  The sales for this month will reflect a 0.7% increase from June 2016 and a 0.8% increase from July 2015, it means it will result in an estimated seasonally adjusted annual rate of 17.8 million. July sales suggest that 2016 is gonna be a great month for car sales just like last year's record-setting sal...

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  • Which car retail segment will take up the slack?
    27 Jul 2016

    All of the recent calm in global markets owes a lot to the U.S. consumer, with rising retail sales which helped on becoming the world's largest economy in June. Even so, we've got a very weak spot now and speaking about that we mean- slowing car sales, it's unclear now which market segment will pick up the slack. The U.S. consumption revelations show that car industry is at its peak now, which means it's in trouble.  As you can see on the charts from the pictures, U.S. retail sales represent 20% of overall spending, after groceries at 13%.  Demand ...

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