Feature Article: New Car Sales July 2010: Mercedes Up, Audi (Overpriced?) Also Up, Hyundai Slowing, Mazda Smiling
NEW CAR SALES JULY 2010
July VFACTS figures show a market cooling, especially among business buyers and government, and slower, but holding up, among private buyers.
SUVs again led the market with a massive 29 percent increase over the same period last year. Don’t tell them, but maybe SUV buyers haven’t heard that there is a bit of interest rate uncertainty about and, perhaps more worrying, a poor second quarter performance by the Chinese economy (Bloomberg).
But,... continue reading