Auto sales are estimated to remain flat compared to last month but up from April 2012, making the automobile industry one of the economy’s strongest sectors. New car sales will remain above a 15 million unit annual selling pace for the sixth consecutive month, according to economists surveyed by Bloomberg. […]
Author: Divya Verma
Auto Sales March Ahead
Auto sales surged again in March, delivering the best monthly performance in the last five years. Light vehicle sales for March totaled 1.45 million, an increase of 3.4 percent over the year-ago tally, according to the Department of Commerce. Continued pent-up consumer demand, introduction of redesigned models, and low interest […]
Increasing auto sales show further sign of recovery
Auto sales rose again in February, marking the fourth consecutive month of strong vehicle sales, a leading sign of recovering economy. Light vehicle sales for February totaled to 1.2 million, an increase of 3.7 percent over the same time period last year, according to market researcher Autodata Corporation. Pent up […]