New vehicles sales are expected to increase thanks to the help of new model year vehicles arriving in showrooms like Massachusetts Auto Loans and due to growing fleet sales. While the economy is still struggling, Car Loans Boston suggests that healthy sales may be the result of all-new marketing initiatives from automakers as well as stabilized fuel prices .
JD Power and Associates is forecasting about 10.3 million units sold in 2009. For 2010, the forest is about 11.5 million units. While the upward trend is good news for the industry, Lawrence Used Car Loans points out that it’s still quite a bit off from the 17 million sold just a few years ago.
After such as dismal year that has led to the closures of hundreds of dealerships, and the demise of numerous brands such as Saturn and Pontiac, the auto industry is no doubt looking for any good news. Luckily, according to JD Power, there seems to be better days ahead.
* * *
Read about the latest auto business information on this blog.
