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Isn't this year a good one for U.S auto sales? Well, even if many surveys and predictions put the industry under the question “will it work this time”, it seems like we are halfway to another record year. As the first half of the year has finished we've come to get some positive results, the 2016 auto sales are up 1.4% from a year ago. Isn't it a sign that the market is reaching a plateau after rebounding from the depths of recession with six consecutive years of hefty growth? It's important to notice that considering all the negative expectations every y...
According to analysts and industry executives when auto dealers reveal their reports for June, the results will not have any impact from Great Britain's June 23 decision to leave EU. Even with this sad news the job growth and consumer confidence remain strong and credit is freely available. One company that will likely report that has lost sales market will be General Motors, it continues to wean itself from low-margin sales to rental agencies and concentrate on more profitable sales to consumers. The GM vice president of U.S. sales operations says that that he sees a seasonally...
The U.S. auto sales have been told to slow down this year after 7 years of great results, but even so the car manufacturers and dealers have high expectations, and best hopes for 2016. The sales may have reached its peak but that doesn't mean they slowed down, they say, and they brought up good arguments on that considering Americans buy lots of vehicles nowadays. A newly released report has not that great forecasts on U.S. light vehicle sales for 2017. The specialists say that sales will go down to 17.5 million in 2017, down slightly from this year's 17.8 million forecast. ...
After UK announced its decision of leaving European Union a huge scandal in auto industry has started. First of all you should know that the auto industry was affected a lot, stock prices across the world have taken a huge hit following Brexit. Have you wondered how do investors feel like now? Their confidence has dropped across many sectors, of course auto industry is one of them. Considering the country is one of the largest manufacturing hubs in Europe, it now has to make a decision upon the way it will move on from this exit. The most important question here is will Europe and U...
Looks like car manufacturers have finally understood the importance of the quality and that is why they started to provide better cars. A survey revealed that the new vehicles sold in U.S. this year have a higher quality than previously. Don't get perplexed because there are much more surprises for you this time. As we are used to traditionally European and Japanese luxury cars have dominated the IQS, but not and this time. Yeah, a lot of improvements have come at a near-record pace. The study that was based on the answers of 80.000 Americans who bought cars this year shows that...
