It feels almost impossible to talk about finance in the auto world today without having to bring up the past. The past, in this case, being the fact that just a few short years ago, the writing seemed to be on the wall for the auto industry. That was then, and those were bleak and dark days for sure, but in the here and now, the business has turned around. The industry is coming back from the brink and is looking more optimistic with each passing month. This is most definitely the case with a recent survey that made the rounds with the industry.

The survey was done by KPMG and asked 100 automotive senior executives and suppliers about the future. 83 percent of the automotive companies expect that their revenues will have an increase in the next year. Profits are strong even though the economy is still considered weak. The demand is certainly there for the industry and because of this, the auto makers are looking to increase production to keep up. This means more employees are needed, so all the major companies are hiring to get ready for the increase in customers in the future.

This, and the return of sub-prime loans, means that it’s a great time to visit a dealership if you’re looking to finally purchase that car you’ve been wanting. See just what Bayside Chrysler Jeep Dodge can do to assist you today. The line up of our new and pre-owned inventory is available for viewing online. Please give us a like on Facebook and a follow on Twitter so we can keep you up to date on news in the auto world as it happens.