Automakers Report Strongest U.S. October Sales in a Decade
Auto sales continue to go strong in the U.S. with Automakers reporting their strongest U.S. October sales in a decade. The results, often an early snapshot of U.S. consumer spending, continued the strong run for a sector that has outraced the broader economy since 2010. “The U.S. economy has steadily…
American Car Buyers Offset Automakers’ Troubles Abroad
American consumers are buying new vehicles at a strong pace, which is offsetting the troubles that automakers are having outside of North America and leading to big profits for the biggest U.S. automaker. Overall U.S. sales rose 9% last month compared with the same period in 2013 to a nearly…
Used Cars Expected to Become More Affordable
Many consumers are opting to buy used cars versus new ones. For those who are strapped for cash or need to add an additional vehicle to their family fleet, buying used is a decision made out of necessity due to the hefty price tags on many new cars today. The…