Seeking Alpha

Forecast: U.S. auto sales to be strong on stable pricing

  • IHS Automotive forecasts light-vehicle sales in North America will top 16M in 2014.
  • Though the sales prediction from the research firm looks strong, the outlook on pricing in the auto industry could be even more important.
  • IHS thinks manufacturers will take their foot off the promotional pedal as sales gains become more closely associated with a strengthening U.S. economy - instead of incentives and deals.
  • The level of promotional activity in the industry has been a growing concern, highlighted recently by a frank assessment from Ford execs,
  • Related stocks: F, GM, HMC, TM, VLKAY, NSANY, FIATY.
Comments (2)
  • Tdot
    , contributor
    Comments (4832) | Send Message
     
    2013 looks like a record year on automotive profits, and right up there on industry volume, at least in North America. Global volumes should be an all time record, as Asia (especially with China) easily surpasses most of the rest of the world.
    26 Dec 2013, 08:58 AM Reply Like
  • kevinconway
    , contributor
    Comments (2506) | Send Message
     
    Owned all the major auto companie and sold at a nice profit. Now money is on GT up 5Xs from my average purchase price yrs ago.
    26 Dec 2013, 10:43 AM Reply Like
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