GW Blog

Auto sales for the first half of 2016 finished up 1.4% from 2015, a sign that the US auto industry is halfway to another record, just barely, according to a recent article in Automotive News.  Most manufacturers posted slight increases.  In June, Chevrolet's sales were up 0.1% and Hyundai's just 0.01% or only 9 vehicles.  "That might be the name of the game for the rest of the year", said Akshay Anand of Kelley Blue Book.

DOUBLE OUCH! That's the sound of my 401K after yesterday's historic vote in the UK to leave the European Union.  Much has been written around the world about its impact by all kinds of political and financial pundits, so no need to repeat that here.  However, what about our automotive industry?  The last ten years have seen a resurgence in British car manufacturing, albeit most car makers are now owned by foreign companies. So will Brexit have an impact on the British automotive industry?  

Some great insights from our friends across the pond:

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