Pent-up demand for newer vehicles could result in elevated new- car sales over the next few years, which would raise vehicle scrappage ..... prices. An economic recovery may also cause an influx of new- car sales , which could increase scrappage rates for older vehicles
DETROIT (Reuters) - U.S. auto sales in July will be the strongest for the month since 2006, and rise 9 percent from last year, automotive industry consultants J.D. Power and LMC Automotive predicted on Thursday.
DETROIT, July 24 (Reuters) - U.S. auto sales in July will be the strongest for the month since 2006, and rise 9 percent from last year, automotive industry consultants J.D. Power and LMC Automotive predicted on Thursday.
remained at a healthy 56.0, while new orders jumped to 61.2. Additionally, despite the spike in automobile recalls, auto sales reached their highest annualized level since February of 2006. Autos’ strength point to a better consumer environment Source
OTTAWA, July 23 (Reuters) - Strong car sales helped push Canadian retail trade up by 0.7 percent in May to a new record C$41.98 billion ($39.23 billion), Statistics Canada reported on Wednesday, pointing to continued energy in the economy despite a weak first quarter.
cyclical downturns that auto sales typically experience ..... slowdown in earnings and auto sales . We do not see the ..... execute its growth plan. Auto sales are cyclical, and ..... rise in U.S. new light - vehicle sales should facilitate more
automotive end market, and any deterioration in North American auto sales will weigh heavily on earnings.Investments in iron ore and ..... before the onset of the global financial crisis. Even so, auto sales will likely drive slow but steady shipment growth for AK Steel
as the firm's organic (up 5%) and inorganic (up 2.5%) contributions offset a 1% currency headwind. Underlying auto sales increased 7% as a result of broad growth across the retail and commercial categories, despite continued weak inflation
didn't help matters, either. The auto sales decline remains a bit puzzling as overall ..... June. Mix issues (business and fleet auto sales versus personal purchases), price issues ..... this report and the factory-reported auto sales we saw several weeks ago. Fortunately
wave of automobile industry recalls has only had a "slight adverse" impact on sales. Customer traffic was still up and new car sales strong on solid pricing. The read from Richmond is consistent with recent U.S. sales reports from major automakers, although