According to the JD Power report, "As the pace of recovery slows down and sales incentives are reduced, it is expected that sales of the US light vehicle market will fall by 15% to 1.03 million units in the light vehicle market in August from 1.26 million units in the same period last year. Sales volume will drop 22% to 857,000 units, while volume sales will decline by 17%." In addition, JD Power also said that it is expected that sales of light vehicles in the United States in August will fall by an annual rate of 16%, down from 14.1 million in the same period last year to 11.8 million. JD Power's global forecasting director Jeff Schuster stated in the statement: “The U.S. economic environment is the main reason for the year-on-year decline of U.S. light vehicles in August. In addition, the consumption stimulus policies in the US car market are not enough to attract consumers.†In addition, Edmunds.com, the US consumer survey website, also announced the same forecast: In August, the US light vehicle market sales will fall to 1.03 million units on the basis of last year, equivalent to an annual rate of 11.8 million vehicles. Ray Zhou, an analyst at Edmunds.com, also said: “Compared to the previous month, BMW is expected to be the biggest winner in the US market in August with a 22% increase. In addition, sales of Ford, Honda, Mercedes-Benz and Volkswagen will be ring It grew by 7% to 8%, while General Motors and Nissan Motor Co., Ltd. fell 6% to 7% month-on-month. Other auto sales will be flat last month."
Fedtools focuses on air and Power Tools , such asStaple gun, Gravity Spray gun,Electricspray gun,Air Compressor, Wrench , Sander , drywall sander, vacuun cleaner and so on, support to kind of customization.
Air Tools Staple gun, Gravity Spray gun,Electricspray gun,Air compressor,Wrench, Sander FEDTOOLS GROUP LIMITED COMPANY , http://www.fedtoolsgroup.com
Our key competitive strengths are Pricing, Service & Product Development.
Fedtools' goal:
1, integrity first
Efforts to build quality and service trustworthy company and employees, commitment, integrity management.
2, high efficiency and high quality
To customer satisfaction as the center, high efficient work team to provide high quality service.
3, the innovation breakthrough
The use of new thinking, continuous learning, break through the tradition, the pursuit of excellence.
4, cooperation and win-win
Create good working atmosphere, and actively play the advantages and characteristics of each employee.
It is expected that US car sales will fall by 15% in August
According to foreign reports, JD Power, a world-renowned consulting and research company, announced August August sales expectations for the US light vehicle market.