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Tag Archives: auto sales
Global Light Vehicle Sales Slow in February to 79.7 Million SAAR
Global light vehicles sales slowed in February for a seasonally adjusted annualized rate or SAAR of 79.7 million units. Some of the decrease was due to the timing of the Chinese New Year during the month instead of January. The consultancy LMC Automotive claimed that the first two months taken together are running as 82.7 million units per year, and is likely a more stable measure of recent demand levels. Continue reading
Posted in auto news, sales
Tagged auto informed, auto sales, autoinformed.com, automotive news, global saar, Ken Zino, lmc
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GM Posts August Sales Record in China as Its Biggest Maker
General Motors and its government-mandated joint ventures set a new August sales record in China as sales increased rose 7% from the previous August and 11% from July to 220,996 units. All three of GM’s large manufacturing joint ventures set sales records for the month. Shanghai GM’s domestic sales were up 12% on an annual basis to 110,209 units. SAIC-GM-Wuling’s sales in China rose 3% to 106,500 units. FAW-GM’s domestic sales increased 17% to 4,117 units. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, auto sales, autoinformed.com, automotive news, gm china, Ken Zino, sales
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Five of the Top Ten Sellers Are Now Detroit Three Vehicles
Five of the Top Ten selling vehicles in the U.S. during May came from the Detroit Three as strong pickup truck sales continued and the Chevrolet Malibu and Ford Fusion had solid months. As it has for 30 years, the F-150 led the list, and strong sales of the Chevrolet Silverado allowed it to nudge Honda out of third place with the Toyota Camry still in second place as it was in April. The Dodge Ram also reappeared in the Top Ten for the first time since February. All of the other spots were taken by Honda and Toyota, each with three models in the Top Ten. Continue reading
Posted in auto news, marketing, news analysis, sales
Tagged auto informed, auto sales, autoinformed.com, automotive news, Ken Zino, may sales, results aiada, top ten
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EU Car Sales off 7% in January, Fifth Year of Declines?
EU car sales dropped yet again in January by 7.1% compared to a year ago, a troubling trend since car sales have declined for four straight years in the moribund European Union. The latest sales data from ACEA, the trade group of EU automakers, confirm what individual car company financial results have been indicating – the European economy continues to contract, and at rates greater than automakers anticipated as recently as last quarter or the quarter before that.
In total, 968,769 new registrations were recorded in the 26-nation EU region during January, which had on average one more working day than January 2011. Particularly hard hit were France (-20.7% for the second largest market) and Italy (-16.9% for the third largest market), with large negative consequences at PSA Group (-14.9%), Renault Group (-25.2%) and Fiat Group (-16.2 %.)
Germany (-0.4% for the largest EU market) and the United Kingdom (0% or flat for the fourth largest market) remained stable, with beneficial results for the biggest automaker in Europe, VW Group with its commanding 24% market share. Continue reading