Americans pay more for cars
Could the auto industry be even hotter than we thought? The car world tends to focus on units sold, which is to say the total number of vehicles rolling out of dealerships during any given period. This year, Americans are on pace to buy about 16.4 million vehicles, a 6…
November sales at an all time high
The auto industry in the US might post its sales volume in November since 2001, some forecasters say that the light-vehicle prices are on par to reach the highest ever for the second month in a row. TrueCar and Cars.com today projected that November’s seasonally adjusted, annualized market rate will…
Auto Sales On the Rise in North America
A recent report released by Scotiabank (TSX:BNS).revealed that while light vehicle sales have eased back on a global scale, sales in the United States and Canada are soaring. Bank senior economist and auto industry specialist Carlos Gomes says auto sales around the world were up a meagre one per cent…