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S&P Credit Research656 word report
published Nov 04, 2009
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S&P Credit Research
| Abstract: | U.S. light vehicle sales reportedly rebounded 13% to an annualized 10.4 million pace in October. The reading came in much stronger than the 9.8 million expected by markets, which were worried that sales would see a big pullback after the "cash-for-clunkers" program. Year-over-year sales at GM and Ford were up 5.6% and 2.8%, respectively. Toyota sales were flat over last October, while Nissan was up 5.6%. The better-than-expected reading will help support both October retail sales and consumer spending.
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| Brief Excerpt: | You are not entitled to view this Article. For technical support, please contact your help desk. Published by Standard & Poor's Financial Services LLC, a subsidiary of The McGraw-Hill Companies, Inc. Executive and Editorial offices:...
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| Report Type: | Commentary
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| Sector: | Global Issuers, Public Finance, Structured Finance
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| Free Sample: |
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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
