2008-09-07

Macroeconomic stability of the U.S. auto market trend is expected to rebound in the bottom

Macroeconomic stability of the U.S. auto market trend is expected to rebound in the bottom:

Although this year in August nearly all the major car manufacturers in the United States, sales were lower than the same period last year, but many vehicles to the U.S. automobile market may have seen the bottoming out hope that the rebound. According to the latest data, in August this year, General Motors, Ford, Chrysler, Toyota, Honda in the U.S. market car sales over the same period last year fell by about 20.3%, 26.5%, 34%, 9.4% And 7.3 percent. Only in a few large carts to Nissan sales in the United States increased 13.6 percent year-on-year. At the same time, compared with July, many giant auto sales in the United States have increased, GM's largest increase. As the company to provide consumers with a number of models for the subsidy concessions, its car sales in August increased 31 per cent of the ring. The company in North America vice president Mark LaNeve the day said: "August's sales figures make us very encouraging, it gives us reason to believe that GM is beginning out of its predicament." In addition, Chrysler and Toyota's sales Than in July also increased 7.1 percent and 12.3 percent. Vehicles to believe that the trend of housing prices stabilize and manufacturing output, and so is conducive to promoting the automobile market recovery. As gasoline prices fall, coupled with the introduction of various preferential services, consumers have even started to consider the purchase of fuel trucks and larger SUV. According to automotive companies to provide data to the latest data, the U.S. market in August this year, overall car sales to a seasonally adjusted annual rate of 13.7 million, down 15.5 percent year-on-year, but with July's 12.5 million this 16-year low , Compared to sales, increased 10 percent.

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