Category Archives: sales

Demand Greater than Supply during June in US

Posted on 6 July 2022 by Ken Zino

“The shortage of microchips continues to limit vehicle production, but it’s not the only hurdle. Numerous other supply chain disruptions have limited OEM production, and many OEMs continue to nearly complete their vehicles and park them while they await chips. Unfortunately, these supply chain issues will continue to limit new-vehicle production, inventory and sales levels for the rest of the year,” said Patrick Manzi, chief economist of the National Automobile Dealers Association.   Continue reading →

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Ford June US Sales Up 31%, YTD -8%

Posted on 5 July 2022 by Ken Zino

The year-over year comparison did not mention that Ford Motor looked to have been affected the most, as shortage-related plant shutdowns left its facilities running at just 55% of total capacity through May of calendar year 2021. Continue reading →

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Volkswagen of America Q2 Sales Down -34% at 78,281

Posted on 1 July 2022 by Ken Zino

The sales disaster went without comment from Volkswagen, which might mirror VW’s sentiments about the American market where it has been struggling for a long time. Continue reading →

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BMW North America Q2 US Sales: BMW -18.3%, Mini -45%

Posted on 1 July 2022 by Ken Zino

We are pleased that demand remains strong, however this quarter was not without its challenges, as our sales were constricted only by the limitations of available inventory,” said Sebastian Mackensen, President and CEO, BMW of North America. Continue reading →

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Subaru of America June Sales Flat, Q2 -18%

Posted on 1 July 2022 by Ken Zino

Subaru also reported year-to-date sales of 263,795, a -17.9 % decrease compared with the same period in 2021. Subaru said it continues to face inventory challenges as the result of microchip and supply chain issues affecting automakers globally. Continue reading →

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Hyundai Motor America June Sales Down -12.9%

Posted on 1 July 2022 by Ken Zino

June was the highest sales month in 2022.Hyundai sold 184,191 units in Q2 and 343,867 units during the first half of 2022. Hyundai had no fleet sales in the first half of 2022. Continue reading →

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GM Q2 US Sales Down -15%

Posted on 1 July 2022 by Ken Zino

“GM’s sales and market share have grown each of the last three quarters, even with lingering supply chain disruptions,” said Steve Carlisle, GM executive vice president and president, North America. “Our long-term momentum will continue to build thanks to the launches of groundbreaking new EVs like the GMC HUMMER EV and Cadillac LYRIQ, and the tremendous customer response to the Chevrolet Silverado and GMC Sierra,” claimed Carlisle. Continue reading →

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Toyota Motor North America June US Sales Down -17.9%

Posted on 1 July 2022 by Ken Zino

“Despite the ongoing inventory challenges, so far this year, we launched a number of highly anticipated new products, including the Toyota battery electric bZ4X, Tundra and hybrid Tundra, and the Lexus LX, while continuing to closely focus on taking care of our customers,” said Jack Hollis, executive vice president, Sales, TMNA. Continue reading →

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US June Vehicle Sales Forecast is Down on Record Prices

Posted on 24 June 2022 by Ken Zino

New-vehicle retail sales in Q2 2022 are projected to reach 2,977,300 units, a 23.3% decrease from Q2 2021 when adjusted for selling days. New-vehicle retail sales for the first six months 2022 are projected to reach 5,827,300 units, a 19.1% decrease from the first six months of 2021 when adjusted for selling days. The first half of 2021 was an all-time record for retail sales. Power/LMC make no note of the Federal Reserve Board, which appears to be dedicated to sending and keeping the economy in a recession. Continue reading →

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Europe’s Diesel Addiction Continues Starting with Germany

Posted on 15 June 2022 by Ken Zino

This was “in a depressed market that is suffering not only from supply issues, but perhaps starting to feel the beginnings of a consumer slowdown, although that is thought to be a relatively minor part of the problem as the order backlog remains significant,” the respected LMC Automotive* consultancy said today. Continue reading →

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No Joy in May Global Light Vehicles Sales

Posted on 14 June 2022 by Ken Zino

In year-over-year comparison terms, sales were down 10%. In China, the reopening of manufacturing facilities in mid-April supported a rebound in sales for a moment. In the US, the industry is beset with problems, many of them self-inflected, including record high transaction prices, low inventory, and low incentives. Continue reading →

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US May Auto Sales – Record Prices as Sales Plunge -29%

Posted on 7 June 2022 by Ken Zino

“Headwinds continue to stack against a sustained market recovery and stability in vehicle supply. We expect the economy and auto market to remain plagued by volatility for the foreseeable future. Given the elevated risk, it is plausible for 2022 to turn to negative from the 2021 level, with volume down to 14.7 million units. Continue reading →

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Ford Motor US Sales Drop Again in May. Shakeout Coming?

Posted on 2 June 2022 by Ken Zino

Ford Motor no longer bothers to hold press conferences covering monthly sales. Yesterday Jim Farley, President and Chief Executive Officer when asked at the Alliance Bernstein Strategic Decisions Conference about Tesla and five other EV companies with a market cap above $20 billion – meaning the market is saying there’re at least six credible new entrants – said, “We’re going to see very large consolidation and big changes. I would say new EV companies probably will get simpler and Chinese will become more important… Continue reading →

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BREXIT Curse – UK Car Production Falls -11.3% in April

Posted on 26 May 2022 by Ken Zino

UK car production fell -11.3% in April year-on-year with 60,554 units rolling off factory lines, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). The ongoing global shortage of semi-conductors, the impact of … Continue reading →

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Pure EV Sales at All-Time Record in US

Posted on 26 May 2022 by Ken Zino

Pure EV Sales at All-Time Record in US, whose transaction prices are close to a $70,000 making them a new category – Luxury Clean – in AutoInformed’s view. Republicans, with a history of backing from Big Oil, continue to block the Biden Administration’s Build Back Better bill that addresses drastic climate change and prepares the way for a cleaner future. Continue reading →

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