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Economic Research: The Outlook For Autos: Sales Growth Will Continue To Sputter In Most Regions Jun 10 Product Image

Economic Research: The Outlook For Autos: Sales Growth Will Continue To Sputter In Most Regions Jun 10

  • ID: 1711759
  • June 2010
  • Standard & Poors

FEATURED COMPANIES

  • AM General Corp.
  • Chrysler Group LLC
  • Fiat SpA
  • GIE PSA Tresorerie
  • Hyundai Motor Co.
  • Mitsubishi Motors Corp.
  • MORE

Abstract
In most corners of the globe, 2009 was a year automakers would probably like to forget, and 2010 promises to be only a little bit better. The U.S. auto industry is gradually recovering from its worst year since 1970, and Europe is struggling to maintain sales now that incentive programs have ended. But the news isn't dire in all corners of the globe. Most Asian manufacturers have a more optimistic outlook following solid growth in 2009. In the U.S., Standard & Poor's sees a slow return to sales for auto manufacturers following the bankruptcy of two of the Big Three auto producers--General Motors and Chrysler--and light-vehicle sales that totaled only 10.3 million units in 2009. We expect sales of only...

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.

- Chrysler Corp.
- Ford Motor Co.
- Motors Liquidation Co. (fka General Motors Corp.)
- American Honda Motor Co. Inc.
- Renault S.A.
- Nissan Motor Co. Ltd.
- Daimler AG
- Honda Motor Co. Ltd.
- Toyota Motor Corp.
- Fleetwood Enterprises Inc.
- Fiat SpA
- Peugeot S.A.
- Nissan North America Inc.
- Volkswagen AG
- Daimler North America Corp.
- Cofiren Renault et Cie
- BMW AG
- Hyundai Motor Co.
- Mitsubishi Motors Corp.
- Suzuki Motor Corp.
- Fleetwood Capital Trust
- Kia Motors Corp.
- Chrysler Mexico Holding, S. de R. L. de C. V.
- Fuji Heavy Industries Ltd.
- Chrysler Group LLC
- Daimler Mexico S.A. de C.V.
- Volkswagen Group Services S.A.
- GIE PSA Tresorerie
- AM General Corp.
- Daimler Australia/Pacific Pty Ltd.
- Motor Coach Industries International Inc.
- Ally Credit S.A. de C.V. SOFOM, E.N.R.
- Mazda Motor Corp.
- Honda Canada Finance Inc.

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