Lenders may cut standards more to grab market share as the pace of
auto sales slow and the number of subprime borrowers stops expanding, the rating firm said.
Not exact matches
The expected expansion of shared vehicles will
slow the long term growth of
auto sales worldwide, according to a new study.
«Metals used in construction and heavy manufacturing were hit after data released over the weekend suggested
slowing growth in China and figures Monday showing U.S.
auto sales last month fell short of analysts» estimates».
But overall, the U.S.
auto industry in 2013 had its best
sales year since 2007, and industry executives said on Friday they expect gains to continue in 2014, though at a
slower pace.
With
auto sales strong, the housing industry showing signs of a true rebound, and consumer confidence on the rise, we expect to continue seeing steady but
slower activity.»
While growth in the Chinese
auto market has
slowed down,
sales still increased by 3 % in 2017.
«Additional sources of risk to the household sector include
slower housing market growth than expected, brought about in part by strong home price growth, as well as a steeper slowdown in
auto sales than anticipated.»
«We see
slow, gradual, consistent growth,» says Kurt McNeil, GM's chief
sales analyst, suggesting the industry might finish the year at the high end of the
auto maker's light - vehicle forecast of between 14.0 million and 14.5 million units.
After we were writing about Sonata's
slowest sales in the US - market, now and according to Wards
Auto, Hyundai accepted the situation and...
Honda Even as the mainstream U.S.
auto market
slowed from a year ago, 2013 best - sellers Accord, Civic and CR - V earned
sales of more than 20,000 units each in February, while Odyssey continued to pull in positive numbers.
Of course, the ongoing uptick in
auto loan rates hasn't done much to
slow sales.
In just a few months Grand Theft
Auto V will turn 5 years old and you'd think the popularity and
sales would
slow down.
Bank of America's decision to get into
auto loans is strange to say the least, because after a big boom in car - buying after the recession (during which Bank of America didn't offer car loans),
sales of new cars have started to
slow down.