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Category Archives: sales
August US Auto Sales Up as Detroit Loses Share
The bad news for Detroit supplicants and the UAW came from the fact that offshore brands took a 56.5% share of the August auto market, up from 55.9% last month and 53.8% in June. Continue reading
Forecast for August US Auto Sales Strong
It looks like the recovery in the automobile business is continuing as preliminary data indicate that US Auto sales – both retail and total – will surpass last May for the highest levels thus far in 2014. Retail light-vehicle sales … Continue reading
Toyota Bests VW and GM as largest Automaker at 2014 Half
Toyota Motor Corporation retained its Number One global sales lead over a formidable and expanding Volkswagen Group by selling 5.1 million vehicles through the first two quarters of 2014. Continue reading
Posted in news analysis, sales
Tagged autoinformed, autoinformed.com, Ken Zino, tms, toyota
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GM Delivers 2.5 M Vehicles in 2014 Q2. Falls Behind Volkswagen Group at Half
Since Toyota Motor has not yet reported sales, all that remains is Toyota’s ranking. Smart money would bet on Toyota being Number One, but that will not be known until the end of July when the Japanese giant reports. During 2013, Toyota sold 9.7 million vehicles last year, compared to GM’s 9.29 million and VW’s 9.1 million. Continue reading
US June Auto Sales Strong Despite Recall Mania
Led by the Detroit Three, June auto sales bode well for the second half of 2014 even as recalls pervade the industry. Detroit Three brands finished June with a 46.2% market share with sales of 656,965 vehicles because of strong SUV and pickup truck sales – hurting Asian brands, whose share dropped almost 2 percentage points at 632,027 vehicles, compared to 743,937 vehicles last month. For the GM watchers, sales of 268,000 resulted in a share of 18.8%, meaning the ignition switch tragedy and fiasco has not hurt its brands thus far.
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Posted in results, sales
Tagged autoinformed, autoinformed.com, Ken Zino, saar, top ten
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Transaction Prices at Record High for the First Half of 2014
As total new-vehicle retail sales in the United States are projected to reach 6.5 million for the first half of 2014, consumers are paying record prices for new vehicles. Continue reading
EU Car Market Sales up 4.5% in May
Registrations of new passenger cars increased 4.5% in the EU during May, the ninth consecutive month of improvements year-over-year. While seemingly good news, the 1,093,448 units registered was the second lowest result to date for a month of May since ACEA – the automaker’s trade group – began tracking numbers in 2003 with the enlarged EU. Continue reading
US Vehicle Sales at Nine Year High in May
The calendar helped US light vehicle sales to a nine-year record during May of 2014 as the Federal government continued to print money and hold interest rates low. Overall, the light vehicle market expanded 11.4% to 1.6 million units. The real change was in the light truck market, which grew 13.3% to 815,000 units. Continue reading
As Automakers Move to Eliminate Franchised Car Dealers, the “No Jobs” Debate Continues over the future of the US Economy
Not coincidentally, the survey comes as automakers are redoubling efforts to sell vehicles online as a way around traditional middlemen, specifically NADA members, which of course raises the end price of a new vehicle to buyers. Continue reading
Global Light Vehicle Sales at 86.6 Million Annual Rate
Sales of light vehicles remained robust in April with a seasonally adjusted annualized rate of 86.6 million, up slightly from March. U.S. sales strengthened a t 16.4 million annualized, while the largest vehicle market, China, is now running at more than 23 million vehicles annually. Continue reading
U.S. Auto Sales Thaw in April
U.S. auto sales increased in April with the overall market up 8.1% for all brands to 1.391 million vehicles. AutoData said the seasonally adjusted annual rate, or SAAR, for April at 16.04 million, showed an improvement from 15.9 million units in April 2013. Offshore brands held a 53.9% market share, selling 750,328 vehicles, down from a market share of 55.1 percent and sales of 847,047 units last month. Continue reading
U.S. April Auto Sales Up to pre-Great Recession Levels
April auto retail sales of new light vehicles in the U.S. are expected to reach their highest levels for the month of since 2005 at 1.1 million units. This is 5% higher than in April 2013. Continue reading
Western EU Car Sales increase in March
While the annual selling rate, or SAAR, is still a pitiful11.8 million, car sales in Western Europe grew by 10% in March to 1.4 million. The car market continues to slowly expand, up 7.4% for Q1 of 2014. Continue reading
March U.S. Auto Sales – in like a Frozen Lamb, out like a Lion
The back end of March staged a comeback for U.S. auto sales as buyers – not lookers – visited dealer showrooms. Sales for all brands increased 5.7% compared to March 2013 and a whopping 28.8% compared to a frigid, stormy February. Continue reading
2014 U.S. March Auto Sales Forecast Up
New-vehicle retail sales in March are showing signs of improvement – projected at 1.19 million or +7% year-over-year – following slower-than-expected sales in the first two months of 2014. Continue reading
