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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 years and have increased from a low of about 10.5 million in 2009 to 15.6 million. That robust recovery has been celebrated in the automotive industry, and most automotive executives ...
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More rebound articles

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 ...
Toyota’s Retail Sales in China Rebound
Toyota says it expects sales in China to recover soon, after it was hardly hit by the territorial disputes between Japan and China. According to Feng Xingya, executive vice president of ...

latest automotive news
Ecclestone smiles, jokes as bribery trial begins
Apr.24 (GMM/Inautonews.com) Bernie Ecclestone on Thursday showed he has not lost his sense of humour, despite the seriousness of ...
Ecclestone smiles, jokes as bribery trial begins
Apr.24 (GMM/Inautonews.com) Bernie Ecclestone on Thursday showed he has not lost his sense of humour, despite the seriousness of ...
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Mercedes chiefs disagree over team orders
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