LiveLink Events

Engagement Marketing Agency & Consultancy

Automotive rebound in 2011?

Posted by Bill Sluben on June 30, 2010

Hard to guage right now.  Economic news on the one hand does show slight positive job growth and the housing market is showing signs of stabalization/slight rebound…but the employment picture remains problematic.

And with manufacturers reluctance to dicount/incent consumers, we might be at a industry standstill of 10mm to 11mm annualized vehicle sale rate for the next 12 months and betond.

Moody’s revised upward its U.S. light vehicle sales forecast for 2011 to 13.5 mm units, an increase of 500,000, the report said. But the 2010 forecast was unchanged at 11.5 mm, Moody’s said, which would be a 10 percent increase from 2009.

Could go either way at this point.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: