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US: strong automotive sector buoys entire economy


As almost all automakers selling cars in the US reported better than expected sales, the promising outlook seems to cast a positive light on the outlook for the wide-economy, which is slated now to grow in the second-quarter. The better than predicted automotive sales add up to the rising order for all US factory made products, better employment and other positive ...
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More rebound articles

US: analyst disputes recovery, says sales are just now rebounding
Itay Michaeli, an automotive analyst for Citi Investment, offered an assonant view of the US auto industry. On average, automotive sales have rebounded 10% annually every year for the last four ...
China sales go up in the first nine months
China’s passenger-vehicle sales last month climbed the most since January helped by a recovery in economic growth and rebound in demand for Japanese brands. The fastest pace of auto sales in ...
October US car sales should rebound after government shutdown
As analysts predict an increase for the full month, it looks like the turmoil created by the government shutdown – and the subsequent impact on consumer confidence has ultimately shown ...
Auto Sales in Europe Expected to Slightly Rebound in 2014
Analysts expect auto sales in Europe to increase by 3% in 2014, due to increased consumer demand. “We do expect a bit of a dead-cat bounce,” Goldman Sachs automotive analyst Patrick ...
Automakers and analysts disagree on Europe’s sales rebound
European passenger car sales have been on a dry streak for the past six years and as always analysts and automakers try to see the light at the end of ...
Nissan Expects Sales in China to Rebound in Three Months
Nissan said it expects sales in China to rebound in the following three months, as sales for Japanese vehicles begin to recover. “We’ve seen growth in retail year on year in ...
January Reports Offer Little Hope of Recovery in Europe
Last month new-car sales in western Europe fell 9.5% to 851,547 units, implying a tough year for auto sales on the continent. “Challenges for the industry in the region remain significant,'' ...
Bosch Predicts Sales Will Rebound in 2013
Although Bosch’s auto division reported record global sales of 30.9 billion euro, up 1.7%, last year, it still missed the 2012 target by 600 billion euro. Bernd Bohr, the auto division ...
Volvo Sees European Truck Market Recovering
Volvo expects the European and US commercial-vehicle markets to recover in 2013 as the global economic growth rebounds. Chief Executive Officer Olof Persson said that Volvo plans to introduce this year ...

latest automotive news
Sutil says feet planted despite rumours
Jul.24 (GMM/Inautonews.com) Adrian Sutil on Thursday insisted he has no intention of losing his place in formula one. The rumour ...
Mercedes-Benz AMG GT to be unveiled on September 9
The newest sports car produced by Mercedes-Benz will be officially unveiled on the 9th of September. Following several spy photos and ...
[VIDEO] Mercedes-Benz S500 Plug-in Hybrid gets new promo
Mercedes-Benz has released a new promotional video with the newly unveiled S500 Plug-in Hybrid. The German based automaker Mercedes-Benz is placing ...
2017 Seat Ibiza teased
The Spanish based automaker Seat has released the first sketch with the new generation of the Ibiza which is said ...
Volkswagen Golf GTD Variant spied
Volkswagen is currently testing out the wagon version of the Golf GTD as the model in question has been caught ...
[Video] Mercedes simulator trains you to become the better driver
While life-sized simulators are generally associated with the training of plane pilots, the machines have been successfully ported to the ...
2015 COTY candidates announced
The first candidates of the 2015 Car of the Year award have been recently announced but the winner will be ...
Honda’s Mobilio jumps from Indonesia to India
The Japanese automaker aims to improve its market share in the huge India by porting a model that has become ...
New British sports car teased – Ant-Kahn Evanta Barchetta
A brand new British sports car is about to hit the market with its appealing looks under the Ant-Kahn Evanta ...
General Motors – 6 new recalls announced
General Motors is continuing to announce new recalls with six separate campaigns which are covering nearly three quarters of a ...
Chevrolet debuts its Manchester United sponsorship in the US
General Motors decided that a shirt sponsorship deal for the next seven years with England’s Manchester United is well worth ...
2014 Renault Megane introduced in Australia
Renault has recently announced the launch of the updated Megane across the Australian continent, where the cheapest version is now ...
Recall roundup: Mercedes-Benz SLK and SL for Takata airbags
The German based automaker Mercedes-Benz has recently issued a recall for the SLK and for the SL roadsters because of ...
Mercedes-Benz to further cut costs, even as profit beats estimates
Daimler AG announced a second-quarter profit that positively outpaced analyst forecasts, thanks to increased deliveries from the higher-margin Mercedes C, ...
[VIDEO] Hear the 2015 Ford Mustang EcoBoost
Another video upload with the brand new 2015 Ford Mustang is partially revealing the sound of the EcoBoost four-cylinder version. In ...
[VIDEO] Dodge Challenger SRT Hellcat – POV drive on the track
A new video with the recently unveiled Dodge Challenger SRT Hellcat is showing the impressive muscle car go around on ...
General Motors continues its recall spree
Still grappling with its safety-related crisis, the No. 1 US automaker continues on its long chain of recall actions, the ...
Vorsteiner previewing upgrades for BMW M4 Coupe
Vorsteiner has recently released the first details on an upcoming styling kit aimed towards the BMW M4 Coupe which is ...