Saturday, October 29, 2011
Global Car Sales Trend
Global car sales will rise 8.5 percent to 80.7 million in 2012, according to researcher JD Power & Associates. Demand is being led by developing nations, which will expand 6.1 percent next year, compared with 1.9 percent for advanced economies, the predicts. For owners of car carriers, that means profit at a time when freighters hauling commodities are losing money.