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Category Archives: sales
Dueling Sales Forecasts for March. Up or Down?
The conflicting numbers are because of a technicality. Two additional selling days will help this month’s volume as the SAAR will stay relatively consistent with recent months. Kelly relies on a monthly total. J.D. Power adjusts for selling days. Nonetheless, March at 1.6 million light vehicle sales. The seasonally adjusted annualized rate (SAAR) for retail sales in March 2016 is expected to reach 13.4 million units, down slightly from 13.5 million units in March 2015. Continue reading
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Tagged autoinformed, autoinformed.com, j.d power, kelley blue book, Ken Zino
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Honda Motor Sets Monthly Records for Global Production. North America, US, Asia and China Surge
In the U.S. 117,678 vehicles were built, a +40% increase. North America totaled 175,435 for a +43.1% gain. Asia at 125,247 vehicles or +30% was stronger. Chinese assembly at 65,130 posted a +66.1% improvement. Production in Japan for the month of February 2016 experienced a year-on-year increase for the second consecutive month since January 2016. Continue reading
US March Sales Continue Torrid Pace
This means that the data so far in 2016 contradicts pessimists who thought last year’s record light vehicle sales – the strongest in 15 years – was the top of the market. During 2015, offshore brands continued to dominate, once you get past the one-two-three punch from the Detroit Three pickup trucks – F-Series, Silverado and Ram. Continue reading
Ford China Sales Increase 18%
Thus the rocky road in China continues for Ford, one that started in the last century when it submitted a Taurus as a car to be built in China. GM proposed a more prestigious Buick model and got the approval form the Communist Party, thereby locking Ford out of what is now clearly the world’s largest auto market for years. It’s been playing catch-up ever since with GM and Volkswagen well ahead in the sales and profit races. Continue reading
Boom or Bubble as US February Auto Sales Soar?
So be careful, really careful what you wish for! Not first rate strategic thinking in our view. More like the old Detroit ‘Ten Day Sales’ mentality. The most delicious aspect here in AutoInformed’s view is that you now have Donald Trump, the presumptive Republican presidential nominee, threatening to impose tariffs on Ford Motor Company for exporting jobs and importing vehicles back into the U.S. Politics is Job One over in Dearborn these days for the government affairs and corporate P.R. staffs, but you never know because they are not going to say much in public other than these plans were in place and they are rebalancing production. Good luck with that. Maybe Ford should build where they sell? Continue reading
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Tagged autoinformed, autoinformed.com, donald trump, february sales, Ken Zino
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US February Auto Sales Forecast as Best in 15 Years
An estimated 1,354,503 new cars and trucks will be sold in the U.S. in February for a Seasonally Adjusted Annual Rate, aka SAAR, of 17.7 million, according to a new forecast. The projected February auto sales sales – if accurate … Continue reading
Cadillac ‘Global’ Sales Increase 2.2% in January
Calling Cadillac global is exaggerating to the point of absurdity, though. The United States at 10,740 and China at 8,337 accounted for 92% of the total. In the EU – home of luxury powerhouse BMW, Mercedes-Benz, Porsche and Ferrari – Cadillac sold 93, yes 93 vehicles. Continue reading
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Tagged autoinformed, autoinformed.com, Cadillac global sales, Ken Zino
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US January Vehicle Sales Predicted as Flat
It looks like US January new vehicle sales at 1.1 million would be a -30.2% decrease from December if the forecast is accurate for an estimated Seasonally Adjusted Annual Rate (SAAR) of 17.5 million. If true that would be a … Continue reading
EU Commercial Vehicle Sales Jump 15% in December
Increases occurred in all commercial vehicle segments. Italy (+23.2%), Spain (+23.0%), the UK (+20.3%) ended the year posting double digit percentage gains in December, followed by France (+9.4%) and Germany (+8.7%). Continue reading
GM Posts Record Global Sales During 2015
General Motors Co. (NYSE: GM) global sales totaled 9.8 million vehicles in 2015, up a mere 0.2% but an increase that still made for the company’s third consecutive year of record sales in spite of ongoing troubles in Europe, Russia … Continue reading
Is 17.7 Million 2016 Sales of Light Vehicles in the US a Fantasy?
“We are living peak auto sales right now, and we will see one more year of that growth in 2016,” Szakaly added. “But only because of rising incentives that will keep consumers coming into showrooms. The real worry now is whether we’re starting to pull sales ahead from future years.” Continue reading
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US Light Vehicle Sales Set All-Time Record in 2015
Seven of the top ten selling vehicles in December were built by Honda, Toyota, and Nissan. Continue reading
VW Diesel Scandal Results in Loss of Global Sales Crown
Given the ongoing ethical, legal and image problems at VW, it’s a good bet the Toyota will once again be the world’s largest automaker when the books close on 2015. Continue reading
Posted in fuel economy or emissions, milestones, sales
Tagged autoinformed.com, Ken Zino, sales results
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December New Vehicle Sales Projected at 1.7m, SAAR 18m
If accurate, December will end the biggest year of U.S. new-car sales ever seen, with total light vehicle sales of ~17.5 million, up 6.1% compared to 2014 totals. The previous high was 17.35 million units in 2000. Continue reading
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November Sales – Trucks and Crossovers Way Up, Cars Down
The seasonally adjusted annual rate (SAAR) in November was a breathtaking 18.19 million units compared to 17.13 million units a year ago. Continue reading
