Tag : Automotive
U.S. auto sales in February will increase less than 1 percent from a year earlier, despite the fact that consumer discounts remain at record levels, according to industry consultants J.D. Power and LMC Automotive.
There’s no question that the car tech market is growing quickly. According to a report from CB Insights, more than $1 billion was invested in this space in 2016, which marks a 30 percent increase in deal activity over the previous year.
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Market research analysis company Commodity Inside has released its report, “A Ten Year Strategic Outlook for the North American Automotive Market,” to provide insights into the current state of the auto industry and its future direction.
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NADA and J.D. Power held their quarterly economic briefing today, and they say the numbers look good.