Training | 2016.06.25
U.S. Auto Sales Likely to Decline As Consumer Purchase Intent Decelerates
As Americans grow increasingly more cautious regarding the outlook for the U.S. economy, due primarily to concerns over the slow growth displayed by the overall economy, rising gas prices, and a recent weakening in hiring, they are becoming more restrained in their vehicle purchasing plans. According to the June edition of the TechnoMetrica Auto Demand Index, purchase intent among consumers has continued to decelerate, indicating that new vehicle sales have entered a period of exhaustion, and will decline in the coming months.
(PRWeb June 24, 2016)
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