- U.S. automobile sales will rise to over 16M next year, according to a survey of analysts by Bloomberg.
- If the forecast is correct, 2014 will be the best year for auto sales since at least 2007.
- The best news of all for the sector is that consumer demand is solid without incentives or promotions being broadly increased by automakers.
- Related stocks: GM, F, TM, FIATY.PK, HMC, NSANY.OB, TSLA, VLKAY.PK, DDAIF.PK, HYMLF.PK, BAMXY.PK, KIMTF.PK, VOLVY.PK.
- Related ETFs: CARZ, VROM