TITLE

Automotive Market's Driving the Recovery

AUTHOR(S)
Markham, Dan
PUB. DATE
April 2011
SOURCE
Metal Center News;Apr2011, Vol. 51 Issue 4, p36
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
60303549

 

Related Articles

  • WHEEL MARKET, SHAKEN, REBOUNDING QUICKLY. Gibbs, Shea // Metal Casting Design & Purchasing;Nov/Dec2011, Vol. 13 Issue 6, p32 

    The article discusses the slow recovery of the cast aluminum wheel market after the automotive industry meltdown in North America. It states that about 70% of the automotive wheels produced for the North American market are aluminum die or permanent mold castings. Jobe Crick, vice president of...

  • GE Appoints New Company Officer.  // Secured Lender;Jan2014, Vol. 70 Issue 1, p13 

    The article announces that Michael F. Silva has been appointed vice president, chief regulatory officer and compliance leader of GE Capital.

  • GE Capital reins in its residuals. Henry, Jim // Automotive News;5/25/1998, Vol. 71 Issue 5767, p26 

    Presents information on the residual values of GE Capital Auto Financial Services. Details on the average new-vehicle residuals being under the `Automotive Lease Guide;' What caused the residual losses at GE Capital; Comments from Sandra Derickson, president of Auto Financial Services.

  • Transportation Sector Fuels Growth.  // Electronic Design;6/6/2013, Vol. 61 Issue 6, p50 

    An interview with TTI Inc. vice president Joe Venturella is presented. He highlights the significance of the transportation sector in the economic recovery. He provides an outlook on the automotive/transportation market in 2013. He outlines the trends in the company's customer base and the...

  • GERMANY: Kia VP expects 2015 growth though Russia challenges. Roberts, Graeme // Aroq - Just-Auto.com (Global News);12/26/2014, p1 

    The article presents a reprint of the article "GERMANY: Kia VP expects 2015 growth though Russia challenges" by Graeme Roberts, which appeared in the online resource' November 20, 2014 issue. It reports on the statement of Thomas Oh, executive vice president of South Korean automobile company...

  • Robust Indian car market looks set to boost the momentum in finished vehicle logistics.  // MarketWatch: Automotive;Feb2010, Vol. 9 Issue 2, p6 

    The article provides an industry outlook for the Indian car market in 2010 and onwards. It mentions that the resultant increase in car sales is expected to push the finished vehicle logistics (FVL) players to increase their fleet strength to meet demand. Moreover, it forecasts that the economic...

  • Industry Forecast Scenario.  // Italy Autos Report;Q2 2011, Issue 2, p21 

    The article offers the forecast scenario of the Italian automobile industry and trade based on the domestic sales of passenger and commercial vehicles. It projects an economic recovery from 2012 but unemployment may remain high as employers may be reluctant to expand. It details the automobile...

  • Our Economy: Coming Back Stronger than Predicted? De Wind, Dorian // Moderate Voice;4/13/2010, p14 

    The article provides information on the issue concerning the recovery of U.S. from the financial meltdown and recession. It states that the country's economy becomes stronger due to the 16% increase of automobile sales in the first quarter of 2009. It infers the dollars in the country has gained...

  • ANALYSIS: Europe's under water car market growing again. Leggett, Dave // Aroq - Just-Auto.com (Global News);2/23/2014, p7 

    The article informs that data from the European Automobile Manufacturer's Association (ACEA) depicts that car market of the European Union (EU) has increased by 5.5% in January 2014. Topics discussed include sale trends in car market, stabilisation of the German passenger car market and impact...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics