United States Autos Report Q4 2013

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United States Autos Report Q4 2013 Oct 2nd 2013, 00:00 Price: $ 1295   Better than expected growth of 17.0% year-on-year (y-o-y) for US light vehicle sales in August is putting the market ever closer to its historical norm of 16mn units. Backed by positive economic data for the month, there is reason to suggest improving consumer sentiment will carry the market through the remainder of the year. Consequently, we have revised our forecast upward slightly, to a total of 15.7mn units for 2013. This represents growth of 8.2%, which is below the current rate of 9.6% for 8M13. However, with August including Labor Day sales, we are allowing for slightly slower growth in September and October. Thanksgiving and Christmas holiday deals should fuel the latter months of the year, however, causing us to increase our previous growth projection of 5.6%. ... Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/279725.html

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