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The Detroit 3 auto manufacturers held a key inventory advantage over their competitors, which led to higher U.S. new-car and light-truck sales in December, according to Paul Taylor, chief economist of the National Automobile Dealers Association (NADA).
Read More →Fitch Ratings said it expects the financial profiles of U.S. automakers and parts suppliers to remain strong in 2012 despite sluggish global economic growth and weaker-than-expected North American light-vehicle demand.
Read More →A sales forecast by Edmunds.com indicated that an estimated 13.6 million new cars and trucks will be sold in 2012.
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