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Positive outlook on global auto sales as US contraction narrower than previously expected: US auto sales are expected to fall by less than was previously expected, according to a report by Moody's March 14 | the global auto market will grow by 1.5% in 2018
Moody's expects the global auto market to grow by 1.5% in 2018, with US sales not falling by as much as initially expected
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Positive outlook on global auto sales for 2018 as US contraction to be narrower than previously expected

Positive outlook on global auto sales as US contraction narrower than previously expected: US auto sales are expected to fall by less than was previously expected, according to a report by Moody's March 14 | the global auto market will grow by 1.5% in 2018
Moody’s expects the global auto market to grow by 1.5% in 2018, with US sales not falling by as much as initially expected

Indicators of what shape global auto sales could be in by the end of the year suggest that the outlook for 2018 could be brighter than initially thought.

Figures published by Moody’s Investors Service in March suggest that vehicle sales should hit 1.5% growth in 2018, with the revision leading to the bond credit business revising its outlook from negative to stable over the next 12 to 18 months.

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