The US car market sales record in 2016 responded well, as long-term low interest rates and employment rates rose, as well as low oil prices, coupled with new models, such as Chrysler Pacifica, Honda Civic and Chevrolet electric car Bolt. Consumers are welcome, and the performance of the SUV has grown brilliantly, making the total sales of the US totaling approximately 17.55 million US dollars hit a new high, which is the seventh consecutive year of sales growth. Car sales are considered an important factor in consumer spending, as cars are one of the most expensive products purchased by many households and also represent a strong confidence in the US consumer market.
High consumer confidenceAlthough the US economic recovery is not very strong, US consumer confidence reached a level never seen before in 15 years last year, and car sales are an early indicator of consumer spending, accounting for about one-fifth of US retail spending. While last year's discount promotions weakened manufacturers' profits, GM said its average transaction price rose by $740, especially in response to strong sales of some SUVs. Detroit's automakers sell trucks and SUVs in North America. And get the majority of global profits.
However, IHS Markit Consulting said that such a glory may require a discount in 2017. As interest rates rise and inflation, sales may fall to $17.1 million this year. The prevalence of car rental will also hit new car sales. People may prefer to extend their useful life instead of buying a new car. There are also political issues that may also affect performance, as Trump threatens to impose tariffs of up to 35% on vehicles built in Mexico, which will seriously affect almost all automakers. So industry analyst Michelle Krebs stressed that 2017 is still an unknown year for the auto industry.
Japanese cars grow fastHowever, the current automotive market has indeed reached a fairly high level, the fastest improvement is Jaguar, because its new car XE sales growth has doubled nearly last year, while Nissan's sales in the United States rose nearly 5% over the same period, reaching 1.5 million US dollars. Also broke the company's record. Sales of Speedmaster Land also increased by 6% to $610,000, Honda's sales increased by 3% to more than $1.6 million, and Hyundai's sales also increased by 2%. Instead, Ford Motor grew less than 1% year-on-year, and Fiat Chrysler was flat.
Despite this, Ford's cargo card is still the best-selling model in the United States, with a total sales of 820,000 units. Toyota Camry is also a best-selling car. Although sales have fallen by 9.5%, there are still nearly 390,000 units. On the contrary, the Italian brand Fiat and the fast car sales of Romeo Romeo fell by nearly 20%, because the SUV took the market. Toyota's US sales director Bill Fay pointed out that the current trend in the automotive market will shift to SUVs, which accounted for nearly 63% of sales in 2016, because the comfort of the new SUV has been greatly improved, the space is more spacious, and the fuel economy has been Enough to compete with the average car. The Honda CR-V is the best-selling SUV in the US last year, with sales growing by nearly 3% to 350,000 units.
Co-extruded (double Wall) Heat Shrinkable Tubing
Co-extruded (double wall) heat shrinkable tubing
Co-extruded (double wall) heat shrinkable tubing,Heat-shrink tube,Heat shrinkable tubing,thermal contraction pipe,Shrink tube
Mianyang Dongyao New Material Co. , https://www.mydyxc.com