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Author Topic: Car sales expected to rise 12% for 2012 Back to Topics
skb69sa

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San Antonio

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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
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REPLIES (newest first) Post a Reply
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sjf238
Champion Author Philadelphia

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Message Posted: Nov 25, 2012 4:57:57 PM

Good.
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blupupher
Champion Author Houston

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Message Posted: Nov 25, 2012 10:29:25 AM

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

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Message Posted: Nov 25, 2012 8:08:57 AM

Good news.
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jrs4125
Champion Author Indiana

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Message Posted: Nov 25, 2012 7:22:06 AM

Alrighty then
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bston
Champion Author Oklahoma City

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Message Posted: Nov 24, 2012 10:48:13 PM

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

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Message Posted: Nov 24, 2012 11:15:13 AM

Good news.
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Radar1992
Champion Author Virginia

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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....
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leeac
Champion Author Ohio

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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%.
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vjs3
Champion Author Denver

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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.
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BEGTWO
Champion Author Maryland

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Message Posted: Nov 24, 2012 12:53:00 AM

COOL
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eyegotgas2
Champion Author British Columbia

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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
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andy1024
Champion Author Allentown

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Message Posted: Nov 23, 2012 10:22:20 PM

Good news for auto makers.
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ExplorerWA
Champion Author Washington

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Message Posted: Nov 23, 2012 10:21:44 PM

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

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Message Posted: Nov 23, 2012 10:11:01 PM

Good news.
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SUNOIL
Champion Author Toledo

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Message Posted: Nov 23, 2012 7:30:11 PM

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

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Message Posted: Nov 23, 2012 7:11:11 PM

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

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Message Posted: Nov 23, 2012 6:36:24 PM

all things rise
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rcornel
Champion Author San Diego

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Message Posted: Nov 23, 2012 6:11:38 PM

ok
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mike56MI
Champion Author Michigan

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Message Posted: Nov 23, 2012 5:33:49 PM

Not from me.
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davenles
Champion Author Texas

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Message Posted: Nov 23, 2012 5:20:27 PM

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

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Message Posted: Nov 23, 2012 4:22:59 PM

wish them luck
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ObieDog
Champion Author Maryland

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Message Posted: Nov 23, 2012 4:19:50 PM

Probably not me.
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clpassenubye
Champion Author Los Angeles

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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.
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dogsdog
Veteran Author Sacramento

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Message Posted: Nov 23, 2012 3:42:05 PM

OK
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YumaFellow
Champion Author Arizona

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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.
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sciotosix
Champion Author Dayton

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Message Posted: Nov 23, 2012 2:11:01 PM

Good news.
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humblepie
Champion Author Toledo

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Message Posted: Nov 23, 2012 2:10:40 PM

smoke and mirrors again
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roadrunnerMO
Champion Author Kansas

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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.
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newman26
All-Star Author Milwaukee

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Message Posted: Nov 23, 2012 1:35:24 PM

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

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Message Posted: Nov 23, 2012 1:23:47 PM

good for auto industry
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gcalleja
Champion Author Miami

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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.
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Night Owl
Champion Author Toronto

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Message Posted: Nov 23, 2012 1:02:32 PM

Good news.
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ceklea
Veteran Author Twin Cities

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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.
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ScottTee
Champion Author Detroit

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Message Posted: Nov 23, 2012 12:58:00 PM

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

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Message Posted: Nov 23, 2012 12:54:09 PM

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

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Message Posted: Nov 23, 2012 12:52:13 PM

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

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Message Posted: Nov 23, 2012 12:43:25 PM

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

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Message Posted: Nov 23, 2012 12:41:58 PM

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

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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.
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Zuegma
Champion Author Nova Scotia

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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).
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