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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...
As we've wrote earlier the U.S. auto sales have been weaker this year than expected, we felt it good after the May sales results got revealed and it seems like only GM will have a sales growth going forward, while the rest of the car manufacturers seem to go weaker. Many consumers are focusing on leases and that might be the main reason why auto sales cooled down this much and are only higher by only 1.8% year-to-date.The Bank of America Analysts are concluding that the auto industry is entering the top of the eighth inning. One of these analysts named John Murphy says that the ...
Honda Motor expects its global sales to remain strong thanks to brisk sales in the U.S. and China. Japanese automaker expects its group operating profit to jump 19% to 600 billion yen ($5.58 billion) for the fiscal year ending March 2017.Through the previous year Honda had important expenses because of the recalls of vehicles with defective Takata air bags, including recalls demanded in May by U.S. authorities. Therefore, the matter will have no impact on earnings in the current fiscal year, as quality-related expenses are to decrease considerably. ...
While Mercedes-Benz sales in the U.S. dropped in May, demand on the German brand's cars in Europe and China grew considerably and helped to offset the general loss.The automaker's sales results in Europe and in China were also helped by robust deliveries of SUVs and compact models, which rose 16 percent and 42 percent respectively. Five-month registrations at the brand were up 12 percent to 818,175. While Mercedes' U.S. volume slipped 1 percent to 29,299, in Europe, Mercedes brand sales grew 13 percent to 74,268, helped by a 4.9 percent rise to 23,343 in G...
The growing popularity of crossovers and SUVs on the U.S. market is no more a secret, but lately more and more experts speak about a sweeping growth of the hatchbacks demand. The U.S. market for hatchbacks is expected to grow faster than any of the other nine vehicle body styles according to the results of a specialized research. As specialists expect a 37 percent growth in U.S. hatch sales through to 2020, to 1.1 million vehicles, some of the biggest automakers are supplementing their car lineups with five-doors. Potential high-volume entries such as the Honda Civic and Ch...
