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Author	Topic: Car sales expected to rise 12% for 2012	Post a Reply Back to Topics

skb69sa Champion Author San Antonio Posts:3,477 Points:710,175 Joined:Mar 2011	Message Posted: Nov 23, 2012 12:14:03 PM Ignore skb69sa Report Abuse 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

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Message Posted: Nov 23, 2012 12:14:03 PM

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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)Ignore Short Messages

sjf238 Champion Author Philadelphia Posts:1,215 Points:647,655 Joined:Mar 2011	Message Posted: Nov 25, 2012 4:57:57 PM Ignore sjf238 Report Abuse Good.
blupupher Champion Author Houston Posts:3,545 Points:747,070 Joined:Feb 2011	Message Posted: Nov 25, 2012 10:29:25 AM Ignore blupupher Report Abuse We keep looking but can't find what we want for the price we want.
DanMtz Champion Author Oakland Posts:3,345 Points:1,241,375 Joined:Oct 2009	Message Posted: Nov 25, 2012 8:08:57 AM Ignore DanMtz Report Abuse Good news.
jrs4125 Champion Author Indiana Posts:2,753 Points:590,770 Joined:Sep 2011	Message Posted: Nov 25, 2012 7:22:06 AM Ignore jrs4125 Report Abuse Alrighty then
bston Champion Author Oklahoma City Posts:1,815 Points:641,300 Joined:Mar 2011	Message Posted: Nov 24, 2012 10:48:13 PM Ignore bston Report Abuse No surprise at the population grows with each passing year!
car253 Champion Author Ohio Posts:6,293 Points:1,468,620 Joined:Oct 2008	Message Posted: Nov 24, 2012 11:15:13 AM Ignore car253 Report Abuse Good news.
Radar1992 Champion Author Florida Posts:1,319 Points:309,170 Joined:Dec 2011	Message Posted: Nov 24, 2012 8:48:36 AM Ignore Radar1992 Report Abuse 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....
leeac Champion Author Ohio Posts:1,591 Points:432,930 Joined:Jan 2012	Message Posted: Nov 24, 2012 7:10:48 AM Ignore leeac Report Abuse The economy is back and has been back for some time. I is politically incorrect to say so with unemployment still around 8%.
vjs3 Champion Author Denver Posts:2,531 Points:648,715 Joined:Jun 2011	Message Posted: Nov 24, 2012 2:11:37 AM Ignore vjs3 Report Abuse Sounds like good news for the auto industry. Not sure if I'll be part of the 12% rise though.
BEGTWO Champion Author Maryland Posts:1,932 Points:723,090 Joined:Sep 2010	Message Posted: Nov 24, 2012 12:53:00 AM Ignore BEGTWO Report Abuse COOL
eyegotgas2 Champion Author British Columbia Posts:1,091 Points:255,230 Joined:Sep 2011	Message Posted: Nov 23, 2012 11:29:36 PM Ignore eyegotgas2 Report Abuse 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
andy1024 Champion Author Allentown Posts:1,692 Points:446,200 Joined:Dec 2011	Message Posted: Nov 23, 2012 10:22:20 PM Ignore andy1024 Report Abuse Good news for auto makers.
ExplorerWA Champion Author Washington Posts:4,073 Points:796,175 Joined:Feb 2011	Message Posted: Nov 23, 2012 10:21:44 PM Ignore ExplorerWA Report Abuse The next report will say sales are down.
esq262 Champion Author Asheville Posts:2,892 Points:647,290 Joined:Jul 2011	Message Posted: Nov 23, 2012 10:11:01 PM Ignore esq262 Report Abuse Good news.
SUNOIL Champion Author Toledo Posts:5,235 Points:1,924,055 Joined:Jul 2007	Message Posted: Nov 23, 2012 7:30:11 PM Ignore SUNOIL Report Abuse Then does that make this a good year
JDchefF Champion Author Lancaster Posts:1,040 Points:227,295 Joined:Aug 2012	Message Posted: Nov 23, 2012 7:11:11 PM Ignore JDchefF Report Abuse OK, though I can't afford one.
amerk73 Champion Author Dallas Posts:7,045 Points:1,620,105 Joined:Oct 2008	Message Posted: Nov 23, 2012 6:36:24 PM Ignore amerk73 Report Abuse all things rise
rcornel All-Star Author San Diego Posts:717 Points:227,155 Joined:Jun 2012	Message Posted: Nov 23, 2012 6:11:38 PM Ignore rcornel Report Abuse ok
mike56MI Champion Author Michigan Posts:1,210 Points:306,390 Joined:Aug 2011	Message Posted: Nov 23, 2012 5:33:49 PM Ignore mike56MI Report Abuse Not from me.
davenles Champion Author Texas Posts:3,191 Points:716,935 Joined:May 2011	Message Posted: Nov 23, 2012 5:20:27 PM Ignore davenles Report Abuse Don't look for my help with that number.
04LTC Veteran Author Massachusetts Posts:316 Points:99,820 Joined:Sep 2012	Message Posted: Nov 23, 2012 4:22:59 PM Ignore 04LTC Report Abuse wish them luck
ObieDog Champion Author Maryland Posts:1,961 Points:850,620 Joined:Sep 2010	Message Posted: Nov 23, 2012 4:19:50 PM Ignore ObieDog Report Abuse Probably not me.
clpassenubye Champion Author Los Angeles Posts:3,359 Points:751,730 Joined:Mar 2011	Message Posted: Nov 23, 2012 4:06:26 PM Ignore clpassenubye Report Abuse Lets hope this report is true because that will mean more people will be employed and the economy is taking a positive turn.
dogsdog Veteran Author Sacramento Posts:314 Points:31,840 Joined:Dec 2009	Message Posted: Nov 23, 2012 3:42:05 PM Ignore dogsdog Report Abuse OK
YumaFellow Champion Author Arizona Posts:1,280 Points:620,645 Joined:Jan 2011	Message Posted: Nov 23, 2012 3:36:30 PM Ignore YumaFellow Report Abuse One hopes this will continue the growth of sales among cars that are more efficient in gas mileage.
sciotosix Champion Author Dayton Posts:2,744 Points:665,150 Joined:Apr 2011	Message Posted: Nov 23, 2012 2:11:01 PM Ignore sciotosix Report Abuse Good news.
humblepie Champion Author Toledo Posts:34,165 Points:2,370,395 Joined:Mar 2006	Message Posted: Nov 23, 2012 2:10:40 PM Ignore humblepie Report Abuse smoke and mirrors again
roadrunnerMO Champion Author Kansas Posts:8,401 Points:1,698,490 Joined:Jul 2008	Message Posted: Nov 23, 2012 1:42:24 PM Ignore roadrunnerMO Report Abuse 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.
newman26 Veteran Author Milwaukee Posts:314 Points:1,451,505 Joined:Jun 2006	Message Posted: Nov 23, 2012 1:35:24 PM Ignore newman26 Report Abuse Good for the Auto Industry and good for America
bcline909 Veteran Author Virginia Posts:401 Points:80,170 Joined:Nov 2012	Message Posted: Nov 23, 2012 1:23:47 PM Ignore bcline909 Report Abuse good for auto industry
gcalleja All-Star Author Miami Posts:904 Points:548,770 Joined:May 2011	Message Posted: Nov 23, 2012 1:11:48 PM Ignore gcalleja Report Abuse 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.
Night Owl Champion Author Toronto Posts:7,545 Points:1,785,625 Joined:Jul 2004	Message Posted: Nov 23, 2012 1:02:32 PM Ignore Night Owl Report Abuse Good news.
ceklea Veteran Author Twin Cities Posts:352 Points:1,287,025 Joined:Dec 2008	Message Posted: Nov 23, 2012 12:59:54 PM Ignore ceklea Report Abuse The need to replace aging vehicles has been cited as a reason for increased auto sales all year.
ScottTee Champion Author Detroit Posts:4,381 Points:1,061,645 Joined:Mar 2010	Message Posted: Nov 23, 2012 12:58:00 PM Ignore ScottTee Report Abuse this is good for our area.
1momsunshine Champion Author Ottawa Posts:5,485 Points:999,605 Joined:Mar 2010	Message Posted: Nov 23, 2012 12:54:09 PM Ignore 1momsunshine Report Abuse Hope the economy is ready to turn around.
playtimeCLE Champion Author Cleveland Posts:8,550 Points:1,542,425 Joined:Nov 2008	Message Posted: Nov 23, 2012 12:52:13 PM Ignore playtimeCLE Report Abuse Hopefully the economy is ready to turn around.
MrLefty0706 Champion Author Chicago Posts:1,444 Points:350,335 Joined:Apr 2012	Message Posted: Nov 23, 2012 12:43:25 PM Ignore MrLefty0706 Report Abuse Another good sign. Now let's resolve the fiscal cliff by the end of November.
LilRedWagonIN Champion Author Indiana Posts:7,771 Points:1,554,160 Joined:Oct 2008	Message Posted: Nov 23, 2012 12:41:58 PM Ignore LilRedWagonIN Report Abuse Replacement vehicles can be used cars; doesn't necessarily translate to new car sales.
CocoPaz Champion Author Santa Barbara Posts:2,370 Points:322,420 Joined:Jun 2012	Message Posted: Nov 23, 2012 12:36:25 PM Ignore CocoPaz Report Abuse 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.
Zuegma All-Star Author Nova Scotia Posts:983 Points:256,930 Joined:Aug 2012	Message Posted: Nov 23, 2012 12:24:04 PM Ignore Zuegma Report Abuse 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).