2012 Poised to Be a Big Year for North American Automotive Sector, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwire) -- 01/10/12 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- A little less than three years ago, the automotive sector was in a state of chaos. Two of the three U.S. automakers were facing bankruptcies, and the lone holdout, (NYSE:F) (Dearborn, Michigan) was barely managing to keep its head above water. Meanwhile, the foreign automakers were dominating the North American markets, threatening to drive at least one of the U.S. automakers out of business completely and relegating the others to second-class status. What a difference a couple of years can make! Entering 2012, the is poised to have one of the most successful years ever, an amazing turnaround in a very short period of time.
For the first time since 2004, all three American automakers are expected to show an annual profit when the final numbers for 2011 are released in a few weeks. Considering that both (NYSE:GM) (Detroit, Michigan) and the Chrysler Group LLC (Auburn Hills, Michigan) had to proceed through bankruptcy and accept massive government bailouts only two years before, the fact that they are going to show a profit is little short of miraculous.
For details, view the entire article by subscribing to Industrial Info's Premium Industry News at , or browse other breaking industrial news stories at .
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "" page.
Contact:
Joe Govreau
713-783-5147
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 10.01.2012 - 05:30 Uhr
Sprache: Deutsch
News-ID 1071291
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
SUGAR LAND, TX
Phone:
Kategorie:
Cars
Anmerkungen:
Diese Pressemitteilung wurde bisher 147 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"2012 Poised to Be a Big Year for North American Automotive Sector, an Industrial Info News Alert
"
steht unter der journalistisch-redaktionellen Verantwortung von
Industrial Info Resources (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
