Cars
The analyst gurus at R. L. Polk & Co have issued a new forecast for global vehicle sales in 2012. The automotive market intelligence firm predicts that sales are expected to rise 6.7 percent over 2011 volumes to 77.7 million vehicles, thanks to the global economy riding out the European debt crisis and consumers returning to showrooms.
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The U.S. auto market has rebounded from the low figures of the 2009 pre-bailout crisis in spectacular fashion. It’s a trend that is not going to fade away any time soon: after Edmunds.com, automotive analyst firm Polk also predicts that new car...
- 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,...
- 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...
- Report: U.s. Car Sales Predicted To Drop 33% In April
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- Global Car Sales To Drop 7.7% To 60 Million Units In 2009, According To Hyundai Chairman
South Korea's largest automaker, Hyundai, expects that the worldwide financial crisis will continue to have a negative effect on global auto sales throughout 2009. Today, the firm's Vice Chairman Choi Jae Kook told Hyundai's employees that...
Cars
Polk Estimates Global Vehicle Sales to Reach 77.7 Million Units in 2012, and 96.3 Million in 2016
The analyst gurus at R. L. Polk & Co have issued a new forecast for global vehicle sales in 2012. The automotive market intelligence firm predicts that sales are expected to rise 6.7 percent over 2011 volumes to 77.7 million vehicles, thanks to the global economy riding out the European debt crisis and consumers returning to showrooms.
However, this does not mean that the European car market will recover. On the contrary, Polk estimates that Europe will be the only region where sales will be flat or slightly down to just over 19 million units due to the tight financial plans enforced by most governments.
Read more »- Polk Forecasts U.s. New Vehicle Market To Reach 15.3 Million Sales In 2013
The U.S. auto market has rebounded from the low figures of the 2009 pre-bailout crisis in spectacular fashion. It’s a trend that is not going to fade away any time soon: after Edmunds.com, automotive analyst firm Polk also predicts that new car...
- 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,...
- 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...
- 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...
- Global Car Sales To Drop 7.7% To 60 Million Units In 2009, According To Hyundai Chairman
South Korea's largest automaker, Hyundai, expects that the worldwide financial crisis will continue to have a negative effect on global auto sales throughout 2009. Today, the firm's Vice Chairman Choi Jae Kook told Hyundai's employees that...