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Category Archives: sales
Stellantis Doubles China Sales, Bolsters and Consolidates Aftermarket as Jeep Sales Plunge
In an announcement that foreshadows details on Stellantis’ plan for the Chinese market that will be announced as part of a global strategic plan on 1 March 2022, the French conglomerate said Dongfeng Motor* sold more than100,000 vehicles in 2021. This doubled the annual sales volume of 2020. Continue reading
January US New Vehicle Sales to Decline. Profits, Prices Up
The automotive economy is continuing to grow stronger under the Biden Administration recovery. Consumers will spend ~$37.2 billion on new vehicles this month, the highest on record for the month of January and 10% above January 2020. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, J.D. Power and LMC Automotive, Ken Zino
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Renault 2021 Global Sales at 1,751,089 or -6%
Markets outside of Europe now represent 44% of Renault’s sales (+2 pts vs 2020). The New Renault Duster launch registered sales: 41,000 units in Russia (+31% vs 2020), 22,000 units in Brazil (+15% vs 2020), 6,200 sales in Mexico (+55% vs 2020) and 9,100 sales in Colombia (+34% vs 2020). In India, the new Renault Kiger sold 29,000 units. This is 30% of Renault sales there. Renault claims this “upselling strategy” for this market is working. Continue reading
Posted in electric vehicles, results, sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, Renault sales
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Automobili Lamborghini Posts Record 2021 Sales
Automobili Lamborghini ended 2021 with an all-time record: 8,405 cars delivered worldwide, making it the company’s best year ever, the Italy-based German-owned company said today. Yes, today, even though Italian bankers invented double entry book-keeping, these things take time. Global sales were up by 13% compared to 2020 came the release from Sant’Agata Bolognese of a company that is owned by Volkswagen Group under Audi. Continue reading
NADA Predicts 2022 New-Vehicle Sales of 15.4M, up 3.4%
Whether such long-term predictions are of any use is an open question at AutoInformed given the volatility of the ongoing COVID pandemic. Consider that 2021 closed with new-light vehicle sales of 14.93 million units, an increase of 3.1% compared to 2020’s sales volume of 14.47 million units. However, December 2021’s SAAR totaled just 12.44 million units, a decrease of -23.7% compared to December of 2020. Continue reading
Rolls-Royce Motor Cars Posts Highest Sales in 117 Years
The company said that growth came principally by Ghost sales, with demand increasing following the launch of Black Badge Ghost in October 2021. This, together with sales of the Cullinan and the marque’s pinnacle product, Phantom, means that at the moment order books are full well into the third quarter of 2022. The company’s Provenance (pre-owned or used) also posted an all-time record. Continue reading
Posted in milestones, sales
Tagged auto industry commentary, autoinformed.com, bmw group, Ken Zino, Rolls-Royce Motor Cars
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BMW 2021 US Sales up ~21% Beating Mercedes-Benz
“The company and its network of dealer partners have worked together to manage inventory levels and fulfill strong customer demand for new vehicles. In the first quarter of 2022, BMW customers will begin to take the first deliveries of two all-new, fully-electric offerings: the BMW iX Sports Activity Vehicle and BMW i4 Gran Coupe,” BMW said in a release. Continue reading
Posted in sales
Tagged auto industry commentary, autoinformed.com, BMW of North America, Ken Zino
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Mercedes-Benz 2021 USA Sales Soft at 329,574
Year-to-date MBUSA posted sales of 276,102 Mercedes-Benz passenger vehicles and 53,472 Vans or a total 329,574 units, a slight increase of 1.1% versus 2020. Continue reading
Posted in sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, Mercedes-Benz USA
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First Place! Toyota Ousts GM as US Sales End 2021 at 14.9m
Overall, US Light Vehicle sales in December fall by 27% YoY, ending a chaotic 2021 at 14.9 million units. LMC noted that even December – traditionally one of the strongest months of the year – flopped and registered the steepest YoY decline of the calendar. AutoInformed notes the rate of change in the Covid infected world is increasingly making traditional long-term based indexes – such as calendar years irrelevant, or even downright harmful indicators for policy makers, businesses and anyone who uses them for planning. Continue reading
Posted in economy, news analysis, sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, lmc automotive
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Volvo Car 2021 Global Sales +5.6% at 698,693
However, Volvo delivered 64,436 retail vehicles in December, a decline of -18.1% compared to the same month in 2020. “The result was significantly influenced by continued component supply shortages, which affected production and consequently deliveries to customers,” Volvo said. Almost 40% of all new Volvo cars sold in December were Recharge models, with fully electric cars comprising 7.4%. Continue reading
Posted in electric vehicles, news analysis, sales
Tagged 2021 Volvo Car Sales, auto industry commentary, autoinformed.com, geely, Ken Zino
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Toyota Motor US Sales off -31% in December, +10.4% in 2021
Based on early sales reports, TMNA was the leading seller of electrified vehicles for the 22nd consecutive year with electrified powered vehicle – hybrids, plug-ins and fuel cells – at 583,697or +73.2% in 2021. EPV sales now make up one-quarter of total volume. There now are 18 total EPVs available in dealerships between both the Toyota and Lexus brands, the most among any automaker, with two more in showrooms by middle of 2022. Continue reading
Posted in sales
Tagged auto industry commentary, autoinformed.com, fuel cells, hybrids, Ken Zino, plug-ins, TMNA
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GM Delivers 2.2M Vehicles in US During 2021 off -13%. Q4 -43%
Both GMC and Chevrolet are preparing all-electric pickups, including the Chevrolet Silverado EV, which will be revealed virtually on Jan. 5, during the Consumer Electronics Show – a segment where it is trailing Ford with its sold-out Lightning EV pickup. Ford said today that it is planning to nearly double production capacity of the all-electric F-150 Lightning pickup to 150,000 vehicles per year at the Rouge Electric Vehicle Center in Dearborn, Michigan, to meet soaring customer demand. Deliveries start this spring. Ford is sitting on 200,000 “reservations” for the Lighting. Continue reading
Posted in news analysis, sales
Tagged auto industry commentary, autoinformed.com, Ford Lightning EV pickup, GM US sales, Ken Zino
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Back to the Future? November Global Sales Rate 80M
However, the disruptions in supply chains are much deeper, with the pandemic returning in force with no end in sight. As the supply crisis continues in Europe and the Americas, the resulting scarce inventories are accompanied by higher prices, which eventually will be another problem hindering sales. Looming near term is a potential trade war with Canada, over proposed US incentives for union-made EVs. In parts of Asia, LMC claims that there are “some signs the worst of the crisis over, though demand will continue to be disrupted well into 2022.” Continue reading
Ford Motor US Sales Up in November
As usual Ford Motor should consider changing its name to Ford Truck. Ford brand SUVs achieved record November retail sales on the success of new products. Sales increased 25.6% y-o-y to a total of 66,390 vehicles. The Bronco family had its highest combined sales since launch – totaling 19,773 SUVs, which to put it in perspective is less than the output of one assembly plant on an annual basis. Sales of Lincoln’s new Nautilus increased 24.9% y-o-y. Year-to-date, sales of the new Nautilus are up 14.6%. While inventory is scant, Lincoln took in a record number of new retail vehicle orders last month, totaling 2,600. Mustang Mach-E sales increased 8.4% from October on sales of 3,088 SUVs, though as a latecomer it still trails Tesla’s Model Y by a wide margin. Continue reading
January 2022 US Sales Off 9%. Chips, Supply Chain Issues Bite
Even with an average $45,000 transaction price squeezing people, retail demand remained the driving force of the market because the wealthy fared very well during the Covid crisis. The Biden Administration’s economic recovery, in AutoInformed’s view, also played a huge roll with its surging job creation and forward thinking Build Back Better strategy universally opposed by the Republicans who are largely responsible for the covid disaster that destroyed the US economy. Continue reading →