Trucks. Topping the previous high set in 2000. The reasons are the ones weve been telling you about, cheap gas, low rates on loans and a strengthening economy and job market. As phil lebeau explains, records were broken despite lukewarm sales in the final month of the year. Reporter americans bought new cars, trucks absuvs at a strong pace in december, though maybe not as strong as many on wall street expected. The major automakers boosted sales last month between 5 and 1 which was generally shy of what many on wall street were expecting. The one notable exception, General Motors increased sales 5. 7 in december and for the First Time Since 2007, gm sold more than 3 million vehicles in the u. S. With Interest Rates starting to rise and the expected Monthly Payment for auto loans expected to move slightly higher, some have been concerned that perhaps weve seen a top in auto sales in the u. S. , but analysts believe we should see Strong Demand continue for the foreseeable future. Were ac
Transcripts For KQED Nightly Business Report 20160116
archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
Transcripts For KQED Nightly Business Report 20160116
archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
Transcripts For KQEH Nightly Business Report 20160116
archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.