Motor Trend + [motor industry]

The American car market starts to be restored

American car

The financial crisis which has burst in the world markets about two years ago, has struck notable blow practically to all industries.

The American car market leaves crisis

The US car market became one of the most suffered branches: following the results of last year sales of cars in the USA have fallen to a 27-year-old minimum.
However gradually the economic is restored from crisis. Also motor-car manufacturers who operate with 10 percentage growth of the American car market following the results of 2010 more optimistically look ahead.

Moreover, this week General Motors, along with Toyota Motor Corp. and Honda Motor Co., have informed, that are going to increase manufacture volumes in the USA. Now instead of a suspension of factories and dismissal of employees more and more autoconcerns start to come back gradually to pre-crisis levels of production.

The automobile branch is restored

Though, of course, now heads of autoconcerns do not hurry up to give optimistical forecasts. According to former economist GM, it is normal reaction to crisis. «Affairs and during recession of the beginning of 90th years of the last century similarly were», — he speaks. However, thus the expert adds, that it is required to the American autoindustry couple of years to return on pre-crisis levels of production of cars.

«This branch is restored, but slow enough rates», — the expert considers. By estimations of former economist GM, sales volumes of new cars in the USA will grow following the results of 2010 to 12 million units. In 2011 in States it will be already realised an order of 13 million cars, and in 2012 — about 15 million piece.
Such sales volumes aloud above indicators of 2009 when number of the cars sold in the USA it was reduced to 20% to 10,4 million units.