Automakers will sell about 11.7 million vehicles in the U.S. this year...
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A.T. Kearney predicts in a report that it sees US auto market to flourish in days to come. In latest forecast report says, Automakers will sell about 11.7 million vehicles in the U.S. this year, but that will rise sharply to 14.4 million next year and 16.1 million in 2012.
This jump in sales is from the result of potential customers who were delaying the purchase and new customers who were stuck in economic crisis with no jobs or had low wages. This surge can accelerate the sales to reach 16.8 million in 2012 and with continual upward trend.
“Apart from being good news for the whole of auto industry, it is indirect prospect for financers like us” says, Anthony Tribunella, the director of Auto Relief Group. He adds, “that when there will be such high volume of sales, it will heat up the loan market as well. And when people need assistance in such financial matter, it will bring business and opportunities.”
However, the forecast estimates could dampen according to Daniel Cheng, an A.T. Kearney partner, according to him factors like continuous terror threats, erratic climatic conditions - hovering over Europe could affect transportation, economic uncertainty and the most probable of them being uneven gas prices - could damage the predictions.
Auto Relief Group was founded to help customers deal with their auto loan payments in time of need. Over the years each member of their team has developed a stellar reputation, and industry connections, allowing the company to quickly identify opportunities and act to assist the clients in their efforts to reduce their payment and keep their car, SUV or truck.
For more information on Auto Relief Group and its scope of services,