Green Light Ahead For This Automaker

Daniel Cross - Contributor - Equities

The global economy is sending mixed signals to investors right now. The data we've seen so far this year hasn't really let us know what direction the economy is headed – oil is still lingering at less than $50 per barrel while the U.S dollar continues to reign supreme relative to foreign currencies.

In the auto industry though, there doesn't seem to be any doubt about its direction.

After coming out of the financial crisis with less than 10 million new auto sales in the U.S., March's latest data puts total annual sales at 17.05 million for 2015 – up from 16.16 million in February and higher than the 16.9 million analysts predicted. The IHS estimates that total sales for the North American market will grow by 2.5% to 20 million units. Continue reading "Green Light Ahead For This Automaker"