Thursday, June 5th, 2008

Canadian Auto Sales Strong In May; U.S. Sales Falter

Despite sliding 0.5% to 184,467 units, vehicle sales in Canada have posted their second-best month of May and are on track to perhaps their best year ever, says auto analyst Dennis Desrosiers.
“Rarely does Canada go counter-cyclical to the U.S. market for any length of time and it has now been a couple of years,” said [...]

Monday, April 21st, 2008

U.S. auto sales may fall 7 pct in 2008 SP says

NEW YORK (Reuters) - U.S. auto sales “dropped sharply” in recent months and may fall 7 percent this year, while higher costs from tougher environmental regulations may pose a long-term challenge, Standard %26amp; Poor’s said in a report on Tuesday.
U.S. auto sales may fall to 14.9 million this year from 16.1 [...]