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Category Archives: sales
June 2015 U.S. Light Vehicle Sales Projected Flat
The real party is being held by new-vehicle retail sales in June along with a corresponding retail seasonally adjusted annualized selling rate, aka SAAR, expected to reach their highest levels for June since 2005. Continue reading
May Sales Keep on Trucking with 0% Interest Helping
U.S. May sales came in at an exceptionally high SAAR (seasonally adjusted annualized rate) of 17.79 million light vehicles with light trucks and 0% interest rate Memorial Day promotions help to beat analysts’ projections of 17.3 million. Continue reading
US April Sales Stall. Some Makers Keep on Trucking
CA, General Motors and Ford Motor all increased share, almost entirely from the sales of truck and crossover vehicles. Toyota, Honda, Hyundai, Kia and Volkswagen all declined. Continue reading
Ford Motor Q1 Disappoints with Sales, Revenue, Share Drops
This was the latest setback for Ford Motor CEO Mark Fields, who has been playing defense with declining performance since he took over from Alan Mulally in July of 2014. Sales volume and Company revenue were down in Ford’s view because of product launches and the strong U.S. dollar on international revenue. Continue reading
Posted in auto news, financial results, news analysis, results, sales
Tagged autoinformed, autoinformed.com, Ken Zino, mark fields
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April US Light Vehicle Sales Forecast at +6% YOY
In April 2005, the last time sales for the month were close to this April’s projected range, light-trucks, including crossovers, sport-utility vehicles and pickups, made up 52% of the market, while cars accounted for 48%. Light-trucks have since increased to about 56% of the new light vehicle market. Continue reading
GM Sells 2.4 Million Vehicles in Q1 2015
During 2014 in global sales saw Toyota Number One, VW Group Number Two and GM having bragging rights to We’re Number Three. It appears to be a trend. VW Group posted sales of 2.49 million. Toyota reports sales later this week and is the odds on favorite to retain the Number One spot. Continue reading
2015 New Vehicle Sales on Pace for 17 Million
In NADA’s view, stable gasoline prices are leading to a resurgence in demand for SUVs and CUVs, as well as pickup trucks – all of which have taken market share from small, midsize and luxury cars. Continue reading
Compact SUVs Make March Sales Roar
U.S. vehicle sales for March at more than 1.5 million will increase 21% compared to February while continuing the SUV sales expansion. Continue reading
EU Auto Sales Recovery Slowly Advances in February
During February 2015, EU auto sales increased for the eighteenth consecutive month at 924,440 or +7.3% year-over-year. Continue reading
China Auto Sales Slowdown means Trouble in Detroit
If growth rates in the Chinese auto economy keep slowing, it means trouble for Ford Motor and General Motors, given their large investments in China and reliance on profits from the world’s largest auto market. U.S. automakers typically book revenue when vehicles are shipped, not sold. Continue reading
February US Sales Gains mostly from Trucks
Slumping car sales and rising truck, SUV and crossover sales in February saw auto sales at 1.26 million units as trucks rose 12% and passenger cars dropped 1.4%. The seasonally adjusted annual selling rate came in at 16.23 million compared to February 2014 at 15.41 million. Continue reading
GM Sales up Slightly in February as Trucks Soar
According to J.D. Power PIN data, the Chevrolet Silverado’s retail market share in the full-size pickup segment was 27.2% in February, up 1.5 percentage points from a year ago, at the expense of Ford’s F-Series and FCA’s Ram brand. Continue reading
Posted in auto news, marketing, news analysis, results, sales
Tagged autoinformed, autoinformed.com, Ken Zino
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Frigid February Hot for US Auto Sales
The U.S. auto sales expansion is continuing despite a frigid February according to the latest forecast that show a large 8.5% increase for the industry. New light vehicle sales, including fleet, should reach 1,295,600 units for the month. Continue reading
Wolfsburg Woes as Volkswagen Passenger Car Sales Drop
In a damage control statement that is clearly intended to shape expectations, VW said earlier this week “Deliveries by the Volkswagen Passenger Cars brand show we are facing a challenging year. Volkswagen was not immune to the uncertainties in some regions that have continued into the current year.” Continue reading
January U.S. Sales Gains Driven by Trucks
If you look at the strong January sales results in the U.S., the Top Ten selling vehicles moved around a bit, but there were no surprises. Trucks dominated the market with the Ford F-Series, Chevrolet Silverado, and Ram pickups firmly in place in the top three spots. Continue reading
