Category Archives: sales

Ugh – US Light Vehicle Sales Drop during February 2021

Posted on 3 March 2021 by Ken Zino

Blame the weather since US light vehicle sales dropped to 1.18 million in February, according LMC Automotive, an automotive global forecasting consultancy. Continue reading →

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First Look – February 2021 Auto Sales

Posted on 3 March 2021 by Ken Zino

Subaru of America sold 48,300 vehicle sales for February 2021, only a -6.6% decrease compared to a February sales record set in 2020 Continue reading →

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Herd Immunity? Toyota Motor Reports $9.87 Billion Q3 FY 2021 Profit. Ups Forecast by +54%

Posted on 10 February 2021 by Ken Zino

Toyota Motor, the world’s largest automaker posted a $9.87 billion Q3 FY Profit compared to $9.45b during the same period one year ago, in what appears to be Toyota herd immunity from the Covid-19 virus and variants that are killing other automakers. As a result of the strong showing upholding Akio Toyota’s vow to remain profitable despite the ongoing Global Pandemic, Toyota increase its yearly forecast by 54%. Toyota now predicts a record operating profit $19.13 billion (¥2 trillion), surpassing an earlier projection of ¥1.3 trillion. Continue reading →

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Good and Bad? January US Light Vehicle Sales Down -3%

Posted on 4 February 2021 by Ken Zino

Projections for 2020 Global Light Vehicle sales ended at 77.7 million units, down -14% from 2019 and with a stronger recovery than expected initially. LMC maintains that 2021 is poised to continue the recovery, with volume projected at 86.5 million units, up 11% from 2020. AI thinks while the past isn’t a 100% sure predictor of the future, the new – perhaps more virulent strains of the Covid virus, the nationalistic fights over vaccines, the emergence of fascism and sedition in the US,  and stricter and ongoing social controls in most major market are huge risks. Continue reading →

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Mazda Posts US, Mexico 2021 January Sales Results

Posted on 2 February 2021 by Ken Zino

The CX5 at 13,583 accounts for more than 53% of MNAO sales. Continue reading →

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Toyota’s 2020 Global Sales down -10.5% Year-on-Year

Posted on 1 February 2021 by Ken Zino

The best-selling Toyota vehicle from January to December was the RAV4, with global sales of 994,000 units (up 2.9% year-on-year). This RAV4 result was due to strong sales in North America, the primary market, as well as in China, which had sales of 175,000 units (up 37.9% year-on-year). Continue reading →

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A Decade of Chinese Ownership – Volvo Cars Posts Strongest Second-Half Sales in Its 93-Year History

Posted on 13 January 2021 by Ken Zino

While sales dropped by 21% during the first half of the year, Volvo Car resumed growth in the second half of 2020, reporting month-on-month growth from June onwards. Sales rose by 7.4% to 391,751 cars in the second half of the year compared with the same period in 2019. However, globally, Volvo Cars sold 661,713 cars in 2020, a decline of 6.2% compared to 2019. Although final numbers for the full year are not confirmed, the company claims it outperformed its competitors and gained market share in all its main sales regions during the first 11 months of the year. Continue reading →

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Volkswagen of America Q4 Sales up 11%, 2020 Sales Down 10%

Posted on 7 January 2021 by Ken Zino

However, VW year-to date sales of 325,784  were down 10% from 2019. The YTD SUV share of sales was 58% or 188,121.  It was the best December since 2012 with sales of 38,432 up 38%. Continue reading →

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Toyota Motor North America Reports December 2020 Sales Increase 22.9%. Yearly Sales Drop -11.3%

Posted on 6 January 2021 by Ken Zino

For the year, Toyota reported sales of 1,837,900 vehicles, down 11.9% on a volume basis and down 12.4% on a DSR basis. Lexus division posted December sales of 38,223 vehicles, up 8.2% on a volume basis and down 3.4% on a DSR basis.  For the year, Lexus reported sales of 275,041 vehicles, down 7.7% on a volume basis and down 8.3% on a DSR basis. Continue reading →

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Ford Motor 2020 US Sales Plunge -16%

Posted on 6 January 2021 by Ken Zino

For the year Ford sales dropped -15.6%. Ford sales were hurt by lower F-150 inventories from the ongoing consequences of the Q2 coronavirus production stoppage, which resulted in an awful F-150 transition to a revised pickup. Super Duty sales maintained pace and were up 14.1% while F-150 sales were off, gulp, -32.7%, which will make for a grim Q4 2020 financial loss. At the moment Ford executives appear to be in the automotive industry equivalent of  an FBI witness protection program – no more sales results press conferences. Continue reading →

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GM 2020 US Sales – Infected by Covid –  Are Down -12%

Posted on 6 January 2021 by Ken Zino

However, on Tuesday it was agreed by most of OPEC that it will keep production stable while Saudi Arabia offered to make a big voluntary cut. The price of oil, as well as when – or if – the US economy recovers are external factors beyond GM’s control that could stop the chortling in Detroit. Continue reading →

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November EU Commercial Vehicle Sales Flat. YTD -20%

Posted on 22 December 2020 by Ken Zino

Year-to-date reflects the ongoing Covid catastrophe. Sales at 1.5 million units  were down -20.3% 11 months into 2020. All EU27 markets – including the four major ones – have recorded double-digit declines so far in 2020, although less steep than in the preceding months: Spain (-28.4%), France (-18.4%), Germany (-16.3%) and Italy (-15.6%). Continue reading →

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COVID Changes – Porsche Starts Online Car Sales in Europe

Posted on 16 December 2020 by Ken Zino

The dealers in the nine countries offer most of their new and used cars on the platform. These include standard variants of the Porsche models as well as rare derivatives. There are also plans to further expand the platform, claims Porsche, who is dependent on dealers for distribution unlike Tesla. Continue reading →

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English Covid Crisis Reigns. November Auto Sales Drop 27.4%

Posted on 4 December 2020 by Ken Zino

During November when showrooms across England had to close due to new lockdown restrictions, the industry recorded 113,781 new registrations, taking trade back to levels last seen during the 2008 Great Recession. Continue reading →

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A Grim Covid Reaper Lurks as November US Auto Sales Drop

Posted on 4 December 2020 by Ken Zino

New light-vehicle sales fell to 1.19 million light vehicles in November – a likely foreshadowing of things to come as the Covid virus runs rampant in the US in a surge of the waning days of the Trump Administration, which ignored the crisis with the result it lost a reelection. One American is now dying every 34 seconds, unemployment is rising, and an earlier Covid federal relief package expires at the end of December meaning extended unemployment benefits and help for small businesses will evaporate as millions will face evictions. Continue reading →

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