Automotive Market's Driving the Recovery

Markham, Dan
April 2011
Metal Center News;Apr2011, Vol. 51 Issue 4, p36
Trade Publication
The article reports on the economic recovery of the automotive industry in the U.S. in 2011. It highlights the 27 percent increase of automotive sales compared to February 2009 and 22 percent for the year to date. It notes the 13.1 million units' sales forecast of the General Electric Capital Corp. on the said year and 14.7 million in 2012. GE Capital vice president Gregory Eck cites several factors on the industry's recovery including the age of the fleet, stabilizing jobless rate and security.


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