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June US Car Sales High In 5 Years

Posted by National-AutoTransport On - - 3 comments

As of the month of June U.S. car industry was making it on its sales. Because of the deteriorating European market which in turn has the auto industry executives to feel uneasy about the possibility of reaching the same event here in US. But June has set a new trend and had an increase for auto sales.

The economy and its downfall resulted worries among all of the sectors and when the positive result of an increase in car sales it gave a path on the shoulder to US economy.

Analysts and officials in the auto world further mentioned that there are just a lot of old cars needed to be replaced and an average age of cars in the road is 11 years.

Karl Brauer further stated that, "The most interesting thing is the ongoing battle between pent-up demand and concern over financial issues," "There is, by no means, clear sailing ahead on the financial issues, but people are getting really tired of driving their old cars." from Total Car Score chief executive for reasearch says.

The increase in car sales was because of Toyota Motor Corporation and Honda Motor Co. finally recovering
from the impact that hurt them last year because of Japan's tsunami.

The second half of this year though raises concerns because of the downward spiral of the European market.
Akerson also added, "I'm a little bit worried about the second half because we see softness in Europe,"

But Ford Chief mark Fields also gave it a good impression that, "The good news is we still have growth in the economy. It is moderate,""Some of the economic figures in the last six weeks are a little bit contradictory. The housing starts and permits actually were up. At the same time, we've seen consumer confidence come off its high earlier this year."

He also explained that they are expecting Ford to have sales of 13 million behicle range for the month of June.

John Humphrey also added that, "We're seeing healthy retail sales growth as we head into the summer selling season and as automakers change over to the 2013 model-year vehicles,""All indicators point toward an industry that continues to get healthy."

Vehicle moving companies will be weaken of this manufacturers downfall and we are hopeful for the coming month's progress.

3 Responses so far.

  1. This is awesome, thanks for sharing.

  2. National auto transport is one of the best service provider with the most appreciated and skilled professionals and i think they can be trusted in any case

  3. good work Toyota motor corporation and Honda motor corporation.they play important part for increase sale of cars

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