NEW YORK, NY — (Marketwire) — 10/18/12 — In the U.S., auto sales have been relatively strong this year, as the high average age of cars on the road drives up pent up demand, while the continuing economic recovery and improvements to payroll boost consumer spending. September continued the trend with a 12.8 percent year-over-year improvement in automobile and light truck sales, as cars and trucks sold at an annual pace of 14.9 million during the month.
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For companies with global interests, softness in Europe remains a concern as does the slowdown in China. Nevertheless emerging markets continue to offer huge potential for growth, and Ford Motor Co. seems dedicated to enhance its offerings. In India, Ford recently launched an upgraded model of its popular compact car, Figo, at the same price point as the previous model. report is accessible for free by registering today at
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Innovation and technological advancements are crucial to staying ahead in the auto-manufacturers industry these days. General Motors is making strides in implementing its new approach to IT services which is expected to lead to the hiring of 1,500 high-tech employees in coming years. The company recently announced the opening of the second of its four planned U.S. Innovation Centers, an Information Technology Innovation Center in Michigan. report is accessible for free by registering today at
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