SOURCE: Xzilon

May 16, 2013 06:00 ET

Xzilon Celebrates Positive News From Automotive Industry

The Automotive Industry Is Receiving Some Good News at the Start of 2013 -- and the Pros at Xzilon Are Celebrating

NEW YORK, NY--(Marketwired - May 16, 2013) - The last several years have proven tumultuous for America's automotive industry, but according to the pros at Xzilon, good news is beginning to pour in -- leading members of the automotive industry to feel more optimistic than they have since before the recession. Xzilon points to a recent report from Bloomberg, which reveals that U.S. auto sales are better than they have been at any point since 2007. As the auto industry hovers near pre-recession levels, much of the credit is due to historically low interest rates. Xzilon has issued a new statement to the press, commenting on the Bloomberg article and celebrating the auto industry's comeback.

Xzilon, a company that manufactures protective coating products for automobiles and for airplanes, has a vested interest in the auto trade -- but in their new statement to the press, the company says that the auto industry's rally is ultimately good news for all of us. "The auto manufacturing industry has long been the heart of America's manufacturing, and, indeed, one of the true stalwarts of our economy," says the new Xzilon press statement. "Thus, the news of a healthy, thriving auto industry is not just good for those of us who work to design or protect vehicles; it is reason enough for nationwide celebration!"

The Bloomberg report points to recent figures posted by General Motors and AutoNation Inc. -- the largest auto manufacturer and auto dealership group in the country, respectively. Both companies have attributed their recent successes to the ample financing currently available for new cars and trucks. New care sales for the previous year surpassed 15 million -- the highest rate since 2007.

"The fact that the auto industry is roaring back to life is only half the story here," offers Xzilon. "The other part of the story is that there is once again financing available -- meaning that lenders are lending again. For consumers and auto companies alike, this is a tremendous boon!"

In fact, the report from Bloomberg speculates that no industry has benefited more from the unfreezing of the credit markets than the automotive industry. The report notes that leasing has returned in a big way, with close to 25 percent of all new vehicle sales being leases.

In addition to the successes of GM, Bloomberg reports that other American auto companies are experiencing growth. In fact, the auto company to gain the most in the early months of 2013 is Ford.

Xzilon is a company that manufactures and sells protective automobile coating, in all 50 states. The company also makes products and services aimed at airplanes. Xzilon is passionate about cultivating growth within the automotive industry, and zealous for providing auto dealers and buyers alike with the best products for keeping vehicles safe and protected.

ABOUT:

Xzilon is a company that proudly manufactures protective coating products, designed to keep automobiles and airplanes safe, lustrous, and looking brand new. The company provides its products to dealers and auto retailers across the country. Additionally, Xzilon is pleased to lead its industry in the manufacturing of "green" products. Ultimately, Xzilon is zealous to provide auto owners with the most reliable vehicle protection products on the market.