Independent voices from the TWT Communities
Toyota once again has dethroned General Motors as the world's top-selling automaker.
Strong U.S. sales in December capped a remarkable year for the auto industry — especially Japanese brands — and 2013 should be even better.
A better economy and extra demand after superstorm Sandy lifted U.S. auto sales last month.
Americans found plenty of reasons to buy new cars in September, making auto sales a bright spot in the economy for yet another month.
After years of sputtering, sales of big pickups kicked into overdrive last month.
Chrysler's U.S. sales in January jumped 44 percent over a year ago, starting off what is expected to be a strong year for auto sales.
General Motors Co. is on track to retake the title of world's top-selling automaker, riding strong sales in the U.S. and China to beat Volkswagen and Toyota.
After hitting a 30-year low in 2009, U.S. auto sales are poised for a second straight year of growth in 2012 — the result of easier credit, low interest rates and pent-up demand for cars and trucks created by the Great Recession.
Car buyers kept visiting dealerships in July, but not in big enough numbers to shake the auto industry's unease about its recovery.
Auto sales, once a bright spot in the economic recovery, stalled last month as the nation's largest car companies reported falling sales.
"I think that's going to be enough to keep them in their position," he says.
"The U.S. light vehicle sales market continues to be a bright spot in the tremulous global environment," said Jeff Schuster, senior vice president of forecasting for LMC Automotive, a Detroit-area industry forecasting firm.
