Posts Tagged ‘vehicle’
US Economic Indicators Preview
After having increased by a total of 3% in October and November, retail sales dropped by 0.3% mom in December, as car sales fell slightly despite industry reports of another rise. However, in January, the announced drop in domestic vehicle sales could actually translate into higher car sales in the…
US Economic Indicators Preview
Retail sales could have risen significantly again in November, by about 0.8% mom. Vehicle sales increased unexpectedly by a good 5% mom, and the beginning of the holiday season was reported to have been slightly better than in the previous year. In addition, markedly higher gasoline prices are likely to…
Deere’s profit falls after drop in sales
Deere and Co. lost $223 million in the fourth quarter, reflecting big charges and a 28 percent slump in sales as demand for tractors, combines and construction equipment sagged.
Deere & Company – Tractor – Business – Engineering vehicle – Agriculture and Forestry
RV industry no longer running on empty
There are signs of recovery in the nation’s heartland, including Elkhart, Ind., but the rebound is faint, uneven and faces many threats.
Recreational vehicle – Elkhart Indiana – United States – Indiana – Thor Industries
Open category crosses $20,000 level
CERTIFICATES of entitlement (COEs) ended mixed in the latest tender yesterday, but one category breached the $20,000 level.
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MIXED BAG
The Open COE, which can be used for any vehicle type but which ends up mainly for cars, inched up by 1.9 per cent to hit $20,200. … more
Chrysler to match ‘cash for clunkers’ incentive
Chrysler said Wednesday it is offering $4,500 in cash toward the purchase of a new vehicle as it seeks to match a government incentive for people to trade in their old gas guzzlers.
Weekly Economic and Financial Commentary
The past week’s full plate of economic indicators provided a clearer perspective of where we are in the recovery process. Businesses slashed production and inventories during the first half of 2009 and likely overdid it. Motor vehicle production, for example, was slashed to around a 3.5 million unit rate during…




