U.S. Vehicle Sales Strong in January … Bodes Well for Moldmakers

Recent data and trends in vehicle sales show good signs for North American moldmakers. Sales are up over the last year and that momentum should persist. In addition, increased demand for lighter vehicles and new domestic models should benefit moldmakers. Sales data will be influenced over the next few months by three factors: Hurricane Sandy insurance money, a short term surge in income in December due to higher anticipated taxes, and an increase in payroll taxes in 2013.

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U.S. Vehicle Sales Strong in January … Bodes Well for Moldmakers

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