Cox Automotive expects U.S. auto sales to drop by low single-digit percentages in late 2025 and into 2026, mainly driven by price increases, driven in turn by new tariffs on auto imports and metals – an outcome Jonathan Smoke, chief economist for Cox Automotive, describes as “not so bad,” considering the circumstances.
September 2025 US auto sales are projected to reach 1.23 million units, according to S&P Global Mobility. This would translate to an estimated sales pace of 16.2 million units (seasonally adjusted annual rate: SAAR), aligned with the 16.1-million-unit pace in August and reflective of the sales bounce realized over the third quarter.
A Sri Lanka rubber traders group has said the government’s decision to abolish the Simplified Value Added Tax (SVAT) scheme from October 1 would cause ‘severe and far-reaching consequences’, and urged it to differ or phase it out.
“According to the latest research study, the demand of the global Rubber Tire Market size & share was valued at approximately USD 166.8 Billion in 2024 and is expected to reach USD 172.4 Billion in 2025 and is expected to reach a value of around USD 237.1 Billion by 2034, at a compound annual growth rate (CAGR) of about 3.36% during the forecast period 2025 to 2034.”
Malaysia’s producer price index (PPI), which measures price changes at the producer level, recorded a smaller decline at 2.8% in August 2025, compared with a 3.8% decrease in July 2025, the Department of Statistics Malaysia (DOSM) said.
China will deploy policy-based financial tools to the value of 500 billion yuan (US$70.25 billion or RM295.9 billion) to accelerate investment projects, the state's planner said on Monday, as part of efforts to support the slowing economy.