Cars
Analysts Predict U.S. New Cars Sales to Grow to 15 Million Units in 2013, Used Car Prices to Fall
New light-vehicle sales in the States are gradually recovering from the slump that began in 2007 with the global credit crunch and will continue to grow in 2013, albeit at a slower pace than previous years, according to most automotive analysts. Edmunds.com projects 15 million new car sales in 2013, a four percent increase over 2012, which is expected to end with around 14.5 million units. It will be the first time since 2007 that the U.S. market will surpass the 15 million sales mark.
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Analysts Lower Forecasts For 2011-2013 Us Sales
Massachusetts-based research company IHS Automotive has lowered its estimate for US light vehicles sales in 2011 by 200,000 units, to 12.5 million. Analyst Rebecca Lindland commented that IHS has also significantly trimmed its forecast for 2012 sales,...
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Study Forecasts That Hybrids Will Account For 20% Of U.s. Car Sales By 2020
By the end of the next decade, hybrid car sales in the U.S. will account for 19.4 percent of the total market, according to a new study from JPMorgan. The investment bank's auto analysts also predict that global hybrid car sales will increase more...
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J.d. Power Lowers 2009 U.s. Auto Sales Forecast To 10 Million But Increases Global Sales Estimate
According to a revised report from J.D. Power and Associates, automakers will sell just 10 million cars and trucks in the U.S. this year, making 2009 the worst year in more than three decades. In a previous study, J.D. Power had predicted that total new...
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Report: U.s. Car Sales Predicted To Drop 33% In April
From the looks of things, April won't be bringing any good news for automakers in the U.S. During the first 16 selling days in April, new-vehicle retail sales in the country are down by about 33 percent over the same period in 2008, according to a...
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China: Cars Sales And Production Rise +20% In First Half Of 2007
According to the data released by the China Association of Automobile Manufacturers (CAAM), car sales and production both grew more than 20% in the first half of the year. In particular, vehicle production reached 4.46 million units, up by 22.36 percent...
Cars