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Despite Trump Uncertainty, So Far, So Good For Auto Sales

In a recent Forbes.com article, Despite Trump Uncertainty, So Far, So Good for Auto Sales, Nariman Behravesh, Chief Economist for IHS Markit, said GDP growth should increase this year and that in turn should support strong auto sales. His comments came at the J.D. Power/NADA Automotive Forum in New York City. Behravesh also said investors seem to believe the Trump Administration and a Republican Congress are creating a “business-friendly environment, compared with the last eight years… That the regulatory environment will be friendlier, the tax environment, on way or the other, will be friendlier.”

 

Read the original article from Forbes.com: https://www.forbes.com/sites/jimhenry/2017/04/30/despite-trump-uncertainty-so-far-so-good-for-auto-sales/#38c8a9964b51

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CBT News
CBT News
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