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US factory orders weak, but auto sales brighten economic outlook
2015-06-02 22:40:10| Auto Dealers - Topix.net
New orders for U.S. factory goods fell in April as demand for transportation equipment and other goods weakened, suggesting that manufacturing remained constrained by a strong dollar and spending cuts in the energy sector. Chrysler Group LLC assembly worker Richard Rudolph puts together an engine for a 2014 Ram 1500 pickup truck on the assembly line at the Warren Truck Plant during a tour of the plants redesigned work stations in Warren, Michigan, September 25, 2014.
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sales
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U.S. auto sales in May were strongest in nearly 10 years
2015-06-02 22:40:09| Auto Dealers - Topix.net
U.S. car and light truck sales reached a seasonally adjusted annual rate of 17.79 million in May, up from 16.5 million in April, according to Autodata.
GM, FCA Sales up as US Auto Sales See Memorial Day Surge
2015-06-02 16:27:14| Auto Dealers - Topix.net
Sales of new cars and trucks were expected to be flat or drop slightly in May. Car buying site TrueCar.com forecast total sales of 1.59 million vehicles, down 1 percent from the same month a year ago. But TrueCar said that was partly because automakers sold fewer vehicles to rental car companies and other fleets.
US auto sales expected to fall slightly in May
2015-06-02 15:26:23| Auto Dealers - Topix.net
Fiat Chrysler says its U.S. sales rose 4 percent in May on strong demand for its Jeep and Ram brands. Jeep sales rose 13 percent.
Here come auto sales ...
2015-06-02 15:26:22| Auto Dealers - Topix.net
Economists expect that auto sales rebounded in May to a seasonally adjusted annualized rate of 17.2 million vehicles after April's results disappointed. In a note to clients ahead of the report, economists at Bank of America Merrill Lynch wrote, "After flat-lining for several months, we expect auto sales to have jumped to a solid 17.2mn saar pace in May." The firm added: "With winter doldrums well in the rearview mirror, and with consumers enjoying several months of relatively low gasoline prices, we see an improvement in vehicle demand.
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