Second, we see consumer confidence improving, with car sales, always a good indicator of that, up significantly.
With car sales up by 45 percent through July, it seems that everyone in China is buying a car this year.
Obviously, a maker of passenger cars might be inclined to agree that growth is slowing in China, but that 7.6 percent GDP growth is not out of line with car sales.
With new car sales down 25% compared to 2007, motorists are feeling the pinch.
Even in 2015, with passenger car sales projected at 23.8 million per year twice the 2010 U.S. market Chinese market penetration would still be only 11%, compared to 83% in the U.S. at the end of 2009.
He's been struggling to stay afloat, with new-car sales down 50% from a year ago.
But what if the economic tide turns and, with it, car sales?
The overall electric car market has seen increased demand, with electric and hybrid car sales increasing 164% in June 2012 compared to June 2011.
Then there was the fastest rate of car sales since 2008 coupled with the strongest level of existing home sales since 2010, it said in the blog post.
NPR's business news starts with oil prices up and car sales down.
Although the future looks promising, the currently reality is difficult for auto manufacturers, with only small gains in car sales and headwinds this year and the rising price of steel and oil pushing many buyers to shift to cars that use less fuel.
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The Big Three found growth in different niches, though, with GM seeing heightened demand for crossovers such as the Chevrolet Equinox, while Chrysler grew truck sales with the Ram pick-up truck, and finally Ford, capitalizing on retail car sales as gas-price sensitive consumers go for higher mileage with the Ford Focus and Fiesta.
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This is more in keeping with other data, such as car sales and GDP, which suggest that the recovery is picking up steam.
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But with no money coming in, car sales down and an expensive new technologies coming for 2009, Honda felt they had no choice but to close their F1 operation.
As such, Detroit's and Michigan's economies have more in common with the European car market, where sales fell more than 7% last year and are predicted to continue tumbling in 2013.
Celta is Brazil's No. 5 car in terms of sales, with 137, 615 sold last year.
With the economic recovery underway and surging new car sales expected to make up for lost time over the next two years, that sweet spot in the economy for Autozone is behind it.
The auto sector was hit hard in the downturn, but as it comes off of its bottom, companies like DealerTrack, which deals with improving the efficiency of getting credit for car sales, will benefit, McPherson said.
Automakers reported weak U.S. car sales for May on Wednesday, with only Chrysler posting gains among the largest market participants.
Despite the expansion, many car makers in Europe are struggling with overcapacity and falling sales.
Without the surge in car purchases retail sales fared less well, with rising petrol prices behind the increase.
Ford Motor just increased its car sales in China by 40% the market with the greatest future for many years if not decades to come.
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"There's going to be hybridisation and electrification of vehicles in many different ways, " according to Stefan Suckow, hybrid sales director with Johnson Controls, which makes electric car batteries for several manufacturers.
He begins a sales pitch the way most car salesmen do, with friendly chitchat.
Germany - the largest economy in Europe and one of the biggest car manufacturers in the world - saw its car sales drop 2.9% in 2012 compared with the previous year.
You already paid fees on your license and registration, not to mention the sales tax when you bought the car, along with transfer fees and various add-ons devised by your local pols.
Car sales in the U.S. are picking up with a gradual improvement in the economy.
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Rather car sales rose on the strength of an improving economy combined with pent-up demand finally being unleashed.
In late 2010, GM talked of selling 45, 000 Volts in 2012, with hints that it wanted to triple that figure for its overall electric car sales by 2015.
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