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 The US light vehicle market is expect to grow modestly again this year and perhaps peak sometime in the future at 18 million, but this healthy-sounding scenario masks a cloud hanging over the domestic industry; the plummeting Yen and the damage it might inflict on the likes of Ford, General Motors and Chrysler. LMC Automotive analyst Jeff Schuster, in a report, said US demand is expected to grow five per cent in 2014 to 16.4 million. Schuster expects the recovery to level off before shifting to what he calls “more natural demand.” But Morgan Stanley analyst Adam Jonas said the weakening Japanese Yen is likely to cause havoc amongst US manufacturers...more MORE LIKE THIS: > STOCK MARKET VIEW | Tesla investors shaken by S&P “junk” rating 03 Jun 2014 > STOCK MARKET VIEW | BMW expected to continue hot profit streak 15 May 2014 > STOCK MARKET VIEW | Lame recovery replaces European slump 03 Mar 2014 |
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