Category Archives: sales

Trump versus Auto Industry – Outcome Could be Ugly

The crucial question – and unknown – is to what extent campaign rhetoric translates into real policy decisions under a Trump administration. In gridlocked Washington, this won’t be known for, well, who knows how long? Continue reading

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Winter Warning as October U.S. Vehicle Sales Cool

Has the industry plateaued at a comfortable level or is this a warning sign of an impending recession? Continue reading

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Ford WHQ Fire Delays Sales Data

Ford expects to announce October U.S. sales results later this week with a news release and an 8-K filing once full reporting becomes available. Continue reading

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U.S. October Vehicle Sales Forecast Down – Again

The biggest loser appears to be diesel-emission fraud enmeshed VW/Audi, dropping to 39,645 units or -17.6% year-over-year. Other big losers are Ford Motor and FCA – aka Chrysler – with more than -10% declines in an industry that is forecast to be off by -6.8% year-over-year. Continue reading

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September Used Vehicle Market Sees Prices Falling

The September U.S. used vehicle market saw depreciation climb and prices drop -3.6%, making the month’s performance the largest decline recorded in 2016. Continue reading

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GM China Sets September Record at 343,773

This was up 16% year-over-year. Cadillac set an all-time record for monthly deliveries at 12,539, +63%. (Audi sold 49,154 in August) Continue reading

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China, U.S. Increase Cadillac September Sales

Cadillac sold 30,061 vehicles globally in September, an increase of 22%. This is the fourth consecutive month of double-digit increases. Continue reading

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Chilly September as U.S. Light Vehicle Sales Slow

U.S. light vehicle sales in September once again slowed from the record-setting pace established at the beginning of the year. Continue reading

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U.S. September Vehicle Sales Down. Record Incentives

Retail sales year to date through September are expected to be down 1.3%, compared with the same period in 2015, while total sales are expected to be up 0.5%. Continue reading

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Global Light Vehicle Sales Up in August

The global light vehicle market moved upwards in August after being flat recently, according to consultancy LMC Automotive. The seasonally adjusted annualized rate (SAAR) of light vehicle sales rose to 94.5 million units a year. Continue reading

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Ford Posts Record August China Sales

Ford Motor and its Communist-government-dictated joint ventures sold 96,450 vehicles during August in its China sales tally Continue reading

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U.S. August Vehicle Sales Slump

Pickup trucks, SUVs and crossovers continued to take share with 910,476 sold  in August sales (+2.4%) or more than 60% of the market in the U.S.  The ongoing drop in car sales continued at 600,977 sold or -12.6% year-over-year for … Continue reading

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U.S. August Sales Forecast Down Year-over-Year

“The summer isn’t delivering explosive sales like we saw last year, but the industry is still on pace to set an annual sales record” Continue reading

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Month of Reckoning? Ford, GM, Toyota U.S. Sales Down in July.

Pickups and crossovers accounted for 60% of all sales last month, up 8.4% from June 2015, while passenger car sales were down 9% from a year ago to 40% of all sales. Continue reading

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Ferrari Q2 a Record. On Way to Another Record Year

Net profit for Q2 was € 97 million up €21 million (+29%) due to the combined effect of strong EBIT and lower tax rate vs. previous year, partially offset by charges for Takata airbag inflator recalls Net industrial debt at €763 million was better than March 2016. Continue reading

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