25
Feb
18:20
US, global auto sales forecast to remain constrained
Inventory constraints continue to plague the US automotive industry with no clear signs on when supply shortages will alleviate and stocks can be replenished. Furthermore, the conflict in Ukraine adds another layer to an already squeezed global vehicle supply, says the latest report from JD Power and LMC Automotive.
The analytics firms are forecasting a 5.7% on-year decline in new-vehicle retail sales in the US, expecting sales to reach 922,100 units during the mo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous