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Automotive report. (English)
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- Source:
Automotive Industry Report: USA; Aug2009, Issue 2, p8-16, 9p, 7 Charts
- Subject Terms:
- Additional Information
- Subject Terms:
- Abstract:
The article offers information on the condition of the automotive industry in the U.S. as of July 28, 2009. It notes the expectation of the Economist Intelligence Unit for a recovery in 2010 in line with the pick-up in overall economic growth. It mentions the fall of the gross margin on the sale of new automobile units by 3% in 2007 to around 5%. The impact of the high oil prices fed to petrol prices at the pump to the market for light trucks is cited.
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