The pace of US Light-Vehicle sales, zooming to a new all time high last year, has put the autoindustry on notice that this still sizzling market, a key engine of global growth during these past two years, is still firing on all cylinders. Recent record vehicle sales activity, compounded by the strengthening value of the US dollar and slowing sales in China, have acted as a strong magnet for exporters of built-up cars in mainly Japan, South Korea and Europe
An improving economy, a growing number of jobs and a continuing steep slide in fuel pump prices have brought US consumers back into dealer showrooms in droves.
Last yearís US Light-Vehicle sales zoomed to 17.5 million vehicles, thus driving past the long-standing record of 17.4m units in 2000.
Soaring sales of Light-Trucks and SUVs in particular
To sum up last yearís record US Light Vehicle market, sales in December picked up where they left off in the previous three months, with soaring sales of Light-Trucks and SUVs in particular, leaving conventional styled passenger cars with a lowest ever share of Americaís car market.
Other than that, Decemberís US Light-Vehicle demand well exceeded earlier expectations.
In consequence, fourth quarter US Light-Vehicle sales shot up 8.3 per cent, which marks last yearís fastest quarterly rate of
on course for bumper 17m plus sales this year
29 Sep 2015
donít make sense in the US when fuel is cheap and plentiful 19
beat them, join them - VW's US SUV plans 17