Not Logged In Log In   Sign Up   Points Leaders
Follow Us    5:47 AM

Message Forum - Read Message

Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Car sales expected to rise 12% for 2012 Back to Topics
skb69sa

Champion Author
San Antonio

Posts:5,826
Points:1,264,125
Joined:Mar 2011
Message Posted: Nov 23, 2012 12:14:03 PM

The US auto industry continues to recover from the 2008 recession, with more gains anticipated in 2013.

The strong pace of U.S. auto industry sales this year is continuing this month, with November light-vehicle sales likely to show a 12% increase.

Experts said Hurricane Sandy reduced October sales, pushing some demand into later months, and also created a need for replacement vehicles.

"Sales have strengthened each week in November, which bodes well for a strong finish to the month and the year," said J.D Power analyst John Humphrey, in a prepared statement. "We expect healthy sales in December, as the industry continues to recover from Sandy and leads into its year-end sales events."

LMC Automotive, an affiliate of J.D. Power, forecast November volume of 1.1 vehicles, with r
Visit MSN Money for full article
REPLIES (newest first) Post a Reply
Profile Pic
sjf238
Champion Author Philadelphia

Posts:1,215
Points:650,655
Joined:Mar 2011
Message Posted: Nov 25, 2012 4:57:57 PM

Good.
Profile Pic
blupupher
Champion Author Houston

Posts:6,109
Points:1,334,235
Joined:Feb 2011
Message Posted: Nov 25, 2012 10:29:25 AM

We keep looking but can't find what we want for the price we want.
Profile Pic
DanMtz
Champion Author Oakland

Posts:5,933
Points:1,841,990
Joined:Oct 2009
Message Posted: Nov 25, 2012 8:08:57 AM

Good news.
Profile Pic
jrs4125
Champion Author Indiana

Posts:4,817
Points:1,177,145
Joined:Sep 2011
Message Posted: Nov 25, 2012 7:22:06 AM

Alrighty then
Profile Pic
bston
Champion Author Oklahoma City

Posts:4,341
Points:1,238,850
Joined:Mar 2011
Message Posted: Nov 24, 2012 10:48:13 PM

No surprise at the population grows with each passing year!
Profile Pic
car253
Champion Author Ohio

Posts:8,719
Points:2,035,075
Joined:Oct 2008
Message Posted: Nov 24, 2012 11:15:13 AM

Good news.
Profile Pic
Radar1992
Champion Author Virginia

Posts:3,888
Points:906,690
Joined:Dec 2011
Message Posted: Nov 24, 2012 8:48:36 AM

I don't buy it...with taxes increasing in January...we will be back in a recession....

Wait for the shock in January when people see their paychecks drop by $300-$400 per month....
Profile Pic
leeac
Champion Author Ohio

Posts:4,195
Points:1,033,065
Joined:Jan 2012
Message Posted: Nov 24, 2012 7:10:48 AM

The economy is back and has been back for some time. I is politically incorrect to say so with unemployment still around 8%.
Profile Pic
vjs3
Champion Author Denver

Posts:3,838
Points:1,185,765
Joined:Jun 2011
Message Posted: Nov 24, 2012 2:11:37 AM

Sounds like good news for the auto industry. Not sure if I'll be part of the 12% rise though.
Profile Pic
BEGTWO
Champion Author Maryland

Posts:4,118
Points:1,279,070
Joined:Sep 2010
Message Posted: Nov 24, 2012 12:53:00 AM

COOL
Profile Pic
eyegotgas2
Champion Author British Columbia

Posts:4,012
Points:847,505
Joined:Sep 2011
Message Posted: Nov 23, 2012 11:29:36 PM

I am a bit skeptical about that. There are still sales trying to sell off 2012 inventories.

If I ever buy a new vehicle again I will get it 1 yr old but still new to get a good deal
Profile Pic
andy1024
Champion Author Allentown

Posts:4,216
Points:996,930
Joined:Dec 2011
Message Posted: Nov 23, 2012 10:22:20 PM

Good news for auto makers.
Profile Pic
ExplorerWA
Champion Author Washington

Posts:6,012
Points:1,311,985
Joined:Feb 2011
Message Posted: Nov 23, 2012 10:21:44 PM

The next report will say sales are down.
Profile Pic
esq262
Champion Author Asheville

Posts:5,292
Points:1,237,455
Joined:Jul 2011
Message Posted: Nov 23, 2012 10:11:01 PM

Good news.
Profile Pic
SUNOIL
Champion Author Toledo

Posts:7,812
Points:2,509,860
Joined:Jul 2007
Message Posted: Nov 23, 2012 7:30:11 PM

Then does that make this a good year
Profile Pic
JDchefF
Champion Author Lancaster

Posts:1,509
Points:332,895
Joined:Aug 2012
Message Posted: Nov 23, 2012 7:11:11 PM

OK, though I can't afford one.
Profile Pic
amerk73
Champion Author Dallas

Posts:9,594
Points:2,218,820
Joined:Oct 2008
Message Posted: Nov 23, 2012 6:36:24 PM

all things rise
Profile Pic
rcornel
Champion Author San Diego

Posts:1,953
Points:684,650
Joined:Jun 2012
Message Posted: Nov 23, 2012 6:11:38 PM

ok
Profile Pic
mike56MI
Champion Author Michigan

Posts:3,762
Points:898,715
Joined:Aug 2011
Message Posted: Nov 23, 2012 5:33:49 PM

Not from me.
Profile Pic
davenles
Champion Author Texas

Posts:5,750
Points:1,316,060
Joined:May 2011
Message Posted: Nov 23, 2012 5:20:27 PM

Don't look for my help with that number.
Profile Pic
04LTC
Veteran Author Massachusetts

Posts:316
Points:484,870
Joined:Sep 2012
Message Posted: Nov 23, 2012 4:22:59 PM

wish them luck
Profile Pic
ObieDog
Champion Author Maryland

Posts:4,243
Points:1,435,880
Joined:Sep 2010
Message Posted: Nov 23, 2012 4:19:50 PM

Probably not me.
Profile Pic
clpassenubye
Champion Author Los Angeles

Posts:3,649
Points:1,258,490
Joined:Mar 2011
Message Posted: Nov 23, 2012 4:06:26 PM

Lets hope this report is true because that will mean more people will be employed and the economy is taking a positive turn.
Profile Pic
dogsdog
Veteran Author Sacramento

Posts:315
Points:33,060
Joined:Dec 2009
Message Posted: Nov 23, 2012 3:42:05 PM

OK
Profile Pic
YumaFellow
Champion Author Arizona

Posts:3,802
Points:1,172,065
Joined:Jan 2011
Message Posted: Nov 23, 2012 3:36:30 PM

One hopes this will continue the growth of sales among cars that are more efficient in gas mileage.
Profile Pic
sciotosix
Champion Author Dayton

Posts:5,316
Points:1,264,200
Joined:Apr 2011
Message Posted: Nov 23, 2012 2:11:01 PM

Good news.
Profile Pic
humblepie
Champion Author Toledo

Posts:57,244
Points:2,972,320
Joined:Mar 2006
Message Posted: Nov 23, 2012 2:10:40 PM

smoke and mirrors again
Profile Pic
roadrunnerMO
Champion Author Kansas

Posts:11,007
Points:2,299,965
Joined:Jul 2008
Message Posted: Nov 23, 2012 1:42:24 PM

Car sales occur when cars move to dealers lots and not when they are sold so cannot believe when these things are stated this way.
Profile Pic
newman26
All-Star Author Milwaukee

Posts:528
Points:1,943,185
Joined:Jun 2006
Message Posted: Nov 23, 2012 1:35:24 PM

Good for the Auto Industry and good for America
Profile Pic
bcline909
Veteran Author Virginia

Posts:401
Points:80,170
Joined:Nov 2012
Message Posted: Nov 23, 2012 1:23:47 PM

good for auto industry
Profile Pic
gcalleja
Champion Author Miami

Posts:2,943
Points:1,116,170
Joined:May 2011
Message Posted: Nov 23, 2012 1:11:48 PM

I don't care about US auto workers. They voted for Obama, whose policies run counter to my interests. They do not have my interests in mind. I feel no allegiance to them. My next car will be made anywhere but Michigan.
Profile Pic
Night Owl
Champion Author Toronto

Posts:10,040
Points:2,379,900
Joined:Jul 2004
Message Posted: Nov 23, 2012 1:02:32 PM

Good news.
Profile Pic
ceklea
Veteran Author Twin Cities

Posts:400
Points:1,811,160
Joined:Dec 2008
Message Posted: Nov 23, 2012 12:59:54 PM

The need to replace aging vehicles has been cited as a reason for increased auto sales all year.
Profile Pic
ScottTee
Champion Author Detroit

Posts:6,932
Points:1,653,375
Joined:Mar 2010
Message Posted: Nov 23, 2012 12:58:00 PM

this is good for our area.
Profile Pic
1momsunshine
Champion Author Ottawa

Posts:7,925
Points:1,565,370
Joined:Mar 2010
Message Posted: Nov 23, 2012 12:54:09 PM

Hope the economy is ready to turn around.
Profile Pic
playtimeCLE
Champion Author Cleveland

Posts:11,084
Points:2,133,710
Joined:Nov 2008
Message Posted: Nov 23, 2012 12:52:13 PM

Hopefully the economy is ready to turn around.
Profile Pic
MrLefty0706
Champion Author Chicago

Posts:3,969
Points:946,310
Joined:Apr 2012
Message Posted: Nov 23, 2012 12:43:25 PM

Another good sign. Now let's resolve the fiscal cliff by the end of November.
Profile Pic
LilRedWagonIN
Champion Author Indiana

Posts:10,367
Points:2,113,840
Joined:Oct 2008
Message Posted: Nov 23, 2012 12:41:58 PM

Replacement vehicles can be used cars; doesn't necessarily translate to new car sales.
Profile Pic
CocoPaz
Champion Author Santa Barbara

Posts:6,505
Points:921,855
Joined:Jun 2012
Message Posted: Nov 23, 2012 12:36:25 PM

Zuegma: people are probably just being stupid with their money. We are in an economic crisis because so many individuals and governmental institutions want "it", whatever the "it" is, NOW.

We are praying for those of you on the East Coast.
Profile Pic
Zuegma
Champion Author Nova Scotia

Posts:3,498
Points:841,610
Joined:Aug 2012
Message Posted: Nov 23, 2012 12:24:04 PM

I've heard it for Canada also but I find it very surprising with the current state of the economy in both countries (not as hard hit as the US but barely eeking by economic stagnation).
Post a reply Back to Topics