Trade Resources Company News General Motors Expects The Sale of Light Vehicle in The US

General Motors Expects The Sale of Light Vehicle in The US

General Motors expects the sale of light vehicle in the US to reach 17 million units in 2015 from the previous 16.5 million units sold in 2014.

General Motors CEO Mary Barra said: "The U.S. economy and vehicle sales have been rebounding since 2009, and we believe there is still plenty of room for the auto industry to grow.

"The strength of the labor market, better job security and the recovery in home prices have consumers feeling pretty good about the future, so we expect people will continue to replace their older cars and trucks.

"The most important change we see coming is the return of younger and first-time buyers to the market."

The company expects its Chevrolet brand to attract new customers with the mid-size pickup segment and the seven small cars and crossovers including Spark, Sonic and Cruze in launched in recent years to trigger the sales.

In 2014, Spark, Sonic and Cruze and Trax recorded best-ever annual sales in 2014.

The company also expects the emerging small-SUV segment in the US to grow more than 80% in the coming years.

 

 

Source: http://www.automotive-business-review.com/news/general-motors-expects-light-vehicle-sales-to-reach-17-million-in-us-this-year-090115-4485840
Contribute Copyright Policy
General Motors Expects Light Vehicle Sales to Reach 17 Million in US This Year
Topics: Auto Parts