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December New-Vehicle Retail Sales Projected to Post Double-Digit Increase From December 2008

16 hours ago ago from INAUTONEWS cars news, automotive market, car companies, automotive news

December new-vehicle retail sales are expected to increase substantially compared with one year ago, indicating the continuation of the industry's recovery, according to J.D. Power and Associates. December new-vehicle retail sales are expected to come in at 839,600 units, which represents a seasonally adjusted annualized rate (SAAR) of 9.1 million units. Although fleet sales have been rebounding from historic lows earlier this year, ...

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Gold Ends Higher as Dollar Drops

8 hours ago ago from Commodity Trade Alert

(Xinhua) Gold futures on the COMEX Division of the New York Mercantile Exchange rose on Wednesday as disappointing home sales weighed on dollar. Silver and platinum both closed higher. The most active gold contract for February delivery gained 7.30 U.S. dollars, or 0.7 percent, to finish at 1,094 dollars an ounce. Dollar retreated from its 3-month high on Wednesday after a big rally, for the new home sales in November is weak ...

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Good News Again – Home Sales Have Risen

22 hours ago ago from Florida Real Estate

According to our news reports, November new home sales rose about 2.3 Percent in November and resales also have risen. This is the third straight month of gains in the housing economy. As we know, new home sales boost other things like jobs!! Of course most people are doing it now while they can still take advantage of the fantastic tax credits and low interest rates. If you wait, you might be sorry! Call a realtor today. We ...

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J.D. Power Predicting Auto Sales Raise at Year End

10 hours ago ago from Iflove Autos - Guidelines to Buy, Sell Rent or Research New or Used Cars

The marketing and information services company on Wednesday estimated December sales will come to slightly more than 1 million units. That's a 15 percent improvement over December last year and a 38 percent improvement over last month. Auto forecasting close J.D. Power and Associates on Wednesday said it accepted U.S. December car sales to acceleration to 11.2 actor units on an annualized basis, up 9 percent from a year earlier. The ...

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December sales expected to climb 15 percent

17 hours ago ago from Leftlane – news, reviews, and info for the auto-industry

2009 was rather dismal year for the automotive world, but the industry will likely end on a high note. The latest sales forecast predicts December will tally the year’s highest year-over-year sales increase, with new car sales up 15 percent. According to J.D. Power and Associates latest sales forecast, new car sales will see a 15 percent improvement during the month of December, marking the year’s best improvement. December is shaping up to ...

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European Shares Rise in Christmas Week Rally

21 hours ago ago from The New York Times

The Christmas week rally continued Wednesday in Europe. Shares in London, Frankfurt and Paris were higher in afternoon trading, and Wall Street looks to join them. Contrary to many expectations, stocks around the world have risen many analysts were anticipating a modest pullback as investors shut up shop for the year by booking profits accumulated during the nine-month bull market. Optimism about the speed of the recovery in the United ...

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Incomes, Spending Up; Home Sales Drop : NPR

19 hours ago ago from NPR

Search hear continuous streams 24-Hour Program Stream NPR News and Shows hear the latest news [4 min 45 sec] Latest NPR Newscast Incomes, Spending Up; Home Sales Drop by The Associated Press text size A A A December 23, 2009 Personal incomes rose in November at the fastest ...

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World Markets Rise on U.S. Economic Hopes

23 hours ago ago from DailyFinance

World stock markets rose Wednesday amid mounting optimism about the speed of the U.S. economic recovery ahead of further data later. In Europe, the FTSE 100 index of leading British shares was up 43.12 points, or 0.8 percent, at 5,371.78 while Germany's DAX rose 34.36 points, or 0.6 percent, to 5,980.05. The CAC-40 in France was 28.43 points, or 0.7 percent, higher at 3,926.81. Earlier, all major Asian markets rose strongly in the wake ...

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New-Home Sales Plunge 11.3 Percent in November

19 hours ago ago from DailyFinance

Sales of new homes plunged unexpectedly last month to the lowest level since April, a sign the housing market recovery will be rocky. The Commerce Department says November's sales fell 11.3 percent to a seasonally adjusted annual rate of 355,000 from a downwardly revised 400,000 in October. Economists surveyed by Thomson Reuters had expected a pace of 440,000. Continue reading New-Home Sales Plunge 11.3 Percent in November New-Home ...

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U.S. Personal Income and Spending Up in November

20 hours ago ago from The New York Times

WASHINGTON (AP) Personal incomes rose in November at the fastest pace in six months while spending posted a second consecutive increase, hopeful signs that the recession might be gaining momentum. The Commerce Department said personal incomes were up 0.4 percent in November, helped by a $16.1 billion increase in wages and salaries, reflecting the drop in unemployment that occurred last month. The gain in incomes helped bolster spending, ...

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