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U.S. Auto Sales Could Top Forecasts
2015-02-14 04:59:34| Auto Dealers - Topix.net
Washington February 13, 2015; The AIADA newsletter reported that automakers buoyed by rising consumer confidence, falling unemployment, and low gas prices think U.S. auto industry sales could top forecasts, according to a report in The Detroit News. In January, U.S. auto sales were up almost 14 percent - and sales are strong in the first half of February.
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Driverless cars could cut auto sales in half
2015-02-13 16:35:33| Auto Dealers - Topix.net
A woman poses for photographers beside a prototype driverless car called a LUTZ Pathfinder Pod during a launch event for the media near the O2 Arena in London, Wednesday, Feb. 11, 2015. America 's auto market is booming right now, but a study from the University of Michigan Transportation Research Institute suggests that today's sky-high sales figures could plummet in the next decade, as autonomous cars start hitting the streets.
US retail sales dragged down by cheaper gas, fewer auto purchases; sales rise in other areas
2015-02-12 15:38:03| Auto Dealers - Topix.net
U.S. retail sales fell sharply last month as gas prices plummeted and auto sales slowed. But excluding those volatile categories, Americans stepped up their spending a bit.
Auto sales up 19 pct in January - CAMPI
2015-02-11 12:45:35| Auto Dealers - Topix.net
A report issued by the joint Marketing Committee of the Chamber of Automotive Manufacturers of the Philippines Inc. and the Truck Manufacturers Association showed the industry sold 18,662 units in January, compared to 15,647 units during the same month in 2014. "January has been traditionally a slow month following a hectic selling period in December but this year's January sales results is yet another milestone achieved by the automotive industry," CAMPI President Rommel Gutierrez said.
Russian Auto Sales Predicted To Tank By 35% This Year as Ruble Falters
2015-02-11 08:26:01| Auto Dealers - Topix.net
Russian new-car sales are expected to decline by 25 percent to 35 percent this year as a weakening ruble and a sharply declining economy hit demand, accounting firm PricewaterhouseCoopers said. Sales could be 1.52 million to 1.75 million units this year, compared to 2.34 million in 2014, when registrations were down 10 percent in annual terms, PwC said in a presentation.
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