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Category Archives: sales
EU Passenger Car Sales off -2.1% Through May 2019
However, the five major Western European markets posted mixed results: with demand in Spain (-7.3%), the United Kingdom (-4.6%) and Italy (-1.2%) slowing down but growing in Germany (+9.1%) and France (+1.2%). Continue reading
Posted in results, sales
Tagged acea, auto industry commentary, autoinformed.com, automotive blog, EU car sales May 2019, Ken Zino
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ASEAN Light Vehicle Sales Up Slightly
The Indonesian LV market closed the quarter with 233,000 units sold, marking a sharp 13% drop from Q1 2018, with almost every automaker declining. The best performance was recorded by Isuzu (+776 units), led by the new TRAGA Truck, which launched in Q2 last year. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, indonesia, Ken Zino, LMC group, Q1 ASEAN sales, thailand
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Cayenne Coupé Marks Asian Premiere
Porsche delivered more than 31,000 units of the Cayenne in China in 2018, representing an increase of 19% compared with the previous year in the slowing Chinese market. With more than 80,000 shipped vehicles, China was once again the biggest individual market for Porsche in 2018. Continue reading
Posted in auto news, design and styling, marketing, milestones, new vehicle, news analysis, sales, shows and events
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, China SUVs, Ken Zino, Porsche Cayenne Turbo Coupé, WLTP, Worldwide Harmonized Light Vehicle Test Procedure
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Global Light Vehicle Sales Drop -5% in March
The slight nudge up came from an easing in YoY losses in China, and an improved selling rate in the USA. Consultancy LMC notes that Western Europe had a “disappointing month, while the Japanese, Korean and South American markets all continued to struggle in YoY terms.” Continue reading
Honda Sets Records for Worldwide Vehicle Production
Total domestic automobile sales in the Japanese market for the month of January 2019 experienced a year-on-year increase at 75,776 (+24% )f or the fourth consecutive month since October 2018. New vehicle registrations experienced a year-on-year increase for the first time in two months (since November 2018). Continue reading
HondaJet Sales First in Class for Second Consecutive Year
Honda Aircraft Company has changed its aircraft production line from the original HondaJet to the HondaJet Elite and will continue to offer the performance package developed by the Advanced Performance Modification Group (APMG) for the original HondaJet. The company expects to maintain production of four to five aircraft per month. Continue reading
Posted in aviation, engineering, marketing, milestones, mobility company, news, news analysis, sales, shows and events, transportation
Tagged Advanced Performance Modification Group, auto industry commentary, autoinformed, autoinformed.com, automotive blog, General Aviation Manufacturers Association, Honda aircraft company, HondaJet Elite, Ken Zino, new vehicle reviews
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Global Light Vehicle Sales Start New Year with a Whimper
A worrisome ghost dancing across AutoInformed’s screen is that 2019 began in a cowed manner in most major markets with the weakness that has been evident for several months continuing. Chinese LV sales were again the most influential for the global market, with another double-digit YoY decline. China of course us is enmeshed in a Trump tariff tirade. Continue reading
EU Passenger car registrations ‐4.6% in January 2019
During January 2019, the European passenger car market saw a slow start to the year, posting a -4.6% decline compared to one year ago. This makes for six straight months of decline before the impending Brexit disaster takes hold.
Posted in economy, news analysis, sales
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Wither US Automotive Sales? Uncertainties Abound
CAR notes that there are “many risks to the 2019 automotive outlook: Will 2019 be the start of the economic downturn? How will U.S. trade policies affect the auto industry? Will regulatory and technological developments start to change what products are made and sold in North America?” Continue reading
Posted in economy, new vehicle, news analysis, sales
Tagged 2019 CAR US Light Vehicle forecast, 2019 US light vehicle sales forecast, auto industry commentary, autoinformed, autoinformed.com, automotive blog, center for automotive research, connected vehicles, Ken Zino, NADA Sales Forecast, new vehicle reviews
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GM Canada Sales Drop 15% as Boycott Bites
The boycott against GM for its Canadian job cuts and the closing of the award winning – for productivity and quality – Oshawa plant in violation of its Unifor union contract announced at the end of last year is having a negative effect on Canadians’ purchase consideration. Continue reading
Ford Motor 2018 US Sales drop -3.5% to 2.5 Million. Cars at 486,000 dive -18%. Trucks Up Again
The continued stronger mix of trucks and SUVs at Ford Motor meant an expanded transaction pricing for another new record of $38,400 in December, a $1,600 increase compared to December last year. This outperforms the industry average of a $470 increase for the overall industry at $34,000 per vehicle. Continue reading
Toyota N. America Sales Flat in 2018. Truck Sales Set Record
For the year, TMNA reported sales of 2,426,672 vehicles, a -0.3% decrease on a volume basis and down -0.6 percent on a DSR basis. Continue reading
British Car Manufacturing Declines -19.6% In November
While home production fell by -1.9% in the month, exports experienced a steeper -22.8% drop – falling for the fifth month in a row. Just over 105,000 cars were exported to global markets in November, still representing some eight in every 10 cars leaving British factories. Continue reading
2018 Auto Retail Sales Down. Transaction Prices Set Record
“Despite retail sales falling for the sixth consecutive month, the continued growth in transaction prices is allowing manufacturers to offset lower sales with higher revenue,” claims Thomas King, Senior Vice President of the Data and Analytics Division at J.D. Power. “Consumers are on pace to spend nearly $45 billion on autos in December, up 1% from last year and the highest level ever recorded.” Continue reading
First Half of 2019 to Deliver Lowest US Retail Sales Since 2013
“The decline in new sales have been disappointing, but it’s important not to overlook the effect of growth in the used-vehicle market,” King said. “Used sales at franchised dealers are expected to increase by nearly 9% through the first half. Most significant for retailers is the greater profit opportunity due to higher front-end gross and F&I income earned compared with new vehicles. Overall combined new and used retailer profits through the first half are on pace to reach $23.4 billion, up 3.7% from last year. Shifting away from the traditional focus on volumes, 2019 remains on target to be one of the best years recorded.” Continue reading →