View full page at metalsmine.com

 

With a lot of optimism and vaccine hopes, U.S. auto sales could increase as much as 10% in 2021

From cnbc.com

U.S. automakers are suffering from the deepest sales decline in decades, the country is still politically divided and it’s in the middle of a pandemic. But if U.S. officials can quickly rollout a Covid-19 vaccine and stabilize the nation, automotive executives and analysts have reason to hope U.S. vehicle sales will return to some form of normalcy in 2021. “I am as optimistic as one could be because I think the core environment is there, but, of course, what is weighing on everything is how quickly can we get the shots rolled out and things stabilized,” Volkswagen Group of America CEO Scott Keogh told reporters ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis