On Friday, major automakers of Detroit reported that their business expects to lift sales and projections for September is very positive. The fact that the residents of Houston, where recently, hurricane Harvey, have been actively looking for the replacement of damaged vehicles. Demand grew, both on passenger cars and trucks.
The Detroit big three — General Motors Co., Ford Motor Co. Fiat and Chrysler – announced the sales results in August. The increase was observed only in GM — 7.5%, but Ford and Fiat Chrysler, whose sales last month fell, full of enthusiasm for the coming September. High hopes it is on the victim of the hurricane in Houston, the fourth largest city in the United States. It is expected that this month there will be sold tens of thousands of cars. To implement planned, new and used cars. The exact bottom about the number unusable because of the hurricane cars in Houston no, but the media call numbers from 200,000 to 1 million.
Forecasts of automakers – not just words, but rather conclusions based on experience. Earlier, a similar surge in sales noted after hurricane Katrina.
As of late August, GM shares rose in price by 2.8% to $ 37,59, Ford rose 3% to $ 11.35, while shares of Fiat Chrysler in the US increased by 5.2%, their cost was $ 15.91 per unit.
