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Art Spinella

CNW: Industry Has Reached ‘Razor-Thin Balance'

In its latest newsletter, CNW Research says that even the slightest economic issue could upset the auto industry in 2015.

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CNW Expects Solid Increase in October Sales

Floor traffic, closing rations and subprime approvals are all up so far this month, according to CNW Research. It believes the gains bode well for 2015 sales.

CNW: Recalls Impact Used-Car Sales in June

Concerns over GM and other recalled vehicles drove shoppers to Asian and European models in June, according to data from CNW Research.

Sales Pick Up in Late May

CNW reported this week that sales picked up in late May, with the firm expecting deliveries for the month to increase 11% from a year ago.

Industry Sales Poised for Spring Rebound, CNW Predicts

The market research firm says improvements in several key metrics last month are setting the stage for a spring rebound in vehicle sales.

CNW Sees a 3.6% to 6% Increase in 2014 Sales

CNW believes more consumers, including Millennials, are ready to ditch their post-recession funk, which the firm believes bodes well for 2014 vehicle sales.

Used-Vehicle Sales Land Just Short of 42 Million Units, CNW Reports

The industry sold 3.284 million used cars in December and 42 million units for the year. Driving those totals were increases in below-prime auto loan approvals, as finance sources continued to relax their guidelines.

CPO Primed for Big 2014, CNW Predicts

CNW says three million leases are set to expire in 2014, fueling the firm’s prediction of a solid year for the certified pre-owned market.

December Deliveries Pacing at 16.3 Million-Unit Annual Rate

A series of upbeat metrics has CNW putting December new-vehicle sales in the 1.5 million-unit range, a 10% increase vs. the year-ago period.

Used Sales Climb 1.4% vs. a Year Ago

Franchised dealers are set to sell more than 1.24 million used vehicles this month, a gain of nearly 9% vs. a year ago, according to data from CNW Research.