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Exact(32)
"Demand for autos remains robust.
A mass migration to urban areas has been driving the demand for autos.
Demand for autos fell for a third month, dipping 0.7 percent.
Consumers are starting to relieve some of the pent-up demand for autos, appliances and other goods that they had put off buying, analysts said.
A separate report Friday showed that sales at the retail level rebounded in July but the strength was concentrated in higher demand for autos and gasoline.
Honda named Takanobu Ito as president to lead the company as the worst financial crisis since the Great Depression hammers demand for autos.
Similar(28)
In the long run, the best estimate of the price elasticity of demand for auto fuel seems to be -0.7.
An article in World Business on Friday about rising demand for auto parts made in India misattributed a forecast for exports.
For one thing, the sudden increase in demand for auto parts came after a sharp decline last fall, as automakers let inventories run low.
Correction: June 26 , 2003 Thursday An article in World Business on Friday about rising demand for auto parts made in India misattributed a forecast for exports.
The credit rating of ArvinMeritor was downgraded by Standard & Poor's yesterday because of operating inefficiencies and reduced demand for auto parts from companies like General Motors.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com