President Trump announced the renegotiation of the North American Free Trade Agreement [NAFTA] to congress this month. The agriculture industry will be the sector most affected, but some are hopeful that through Trump’s decision to renegotiate and not withdraw from NAFTA, a better deal will surface for Americans all around. […]
Author: Lizeth Beltran
Five Things to Watch in April Auto Sales Report
Today is the sales cutoff for the month of April and the auto sales report will be released tomorrow. This month’s report will indicate for many whether the slump in sales seen in March’s report will continue the rest of the year. Last month’s seasonally-adjusted annualized rate came to 16.62 […]
US Auto Sales Indicate Slow Down For the Market
U.S. auto sales dipped significantly in March despite discounts and low gas prices due to what some economists call a long overdue cool down of the market. Sales for the month fell 1.6 percent to just over 1.55 million vehicles, with a negative percent change of 10.6 percent in sales […]
Consumers Are Buying Up SUVs and Crossovers, Leaving Sedans Behind
When 28-year-old Stephanie Rivera of South Gate, Calif. walked onto the car lot, she knew exactly what type of vehicle she wanted – fuel efficient and economic. Rivera upgraded from a Honda Accord to a Nissan Juke, also known as a crossover. “I bought a Nissan Juke specifically because it […]
Amid slight decrease in auto sales, discounts continue for buyers
The pace of sales slowed down this month, but low gas prices and incentives rolled out by automakers continue to drive the sales of trucks and SUVs in February. The auto industry’s sales fell 1.1% this month with only 1.33 million vehicles leaving lots this month compared to January. While […]