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Category Archives: sales
June Auto Market – Consumer Sentiment is Trump Chaotic
“Cox Automotive leading g indicators are mixed … in mid-June with a decreasing week-over -week trend related to service appointments, which were down 4% against 2024 in the week ending June 14 as geopolitical issues drive down consumer sentiment. We risk seeing momentum further decline in retail vehicle sales with scorching temperatures at the start of summer. Consumers may stay inside and away from dealerships with high prices and high uncertainty about what comes next in Iran and with uncertainty about when gas prices, interest rates and – of course – tariffs will come back down,” said Jonathan Smoke, Chief Economist. Continue reading
Trump Tariff Chaos – May Auto Sales Crash
Per Cox Automotive’s vAuto Live Market View, strong vehicle sales in March and April led to tighter inventory levels. New-vehicle inventory at the start of May totaled 2.49 million units on U.S. dealer lots, down 7.4% from the start of April and lower by 10.5% from a year ago. Days’ supply was 66 at the beginning of May, down six days from the previous measure at the start of April.
“Available inventory on dealer lots has declined significantly over recent weeks,” said Chesbrough. “Finding the right vehicle will be more challenging for shoppers. Additionally, prices will be high as existing inventory becomes less available and more valuable due to tariffs on incoming replacement supply. As more tariffed products replace existing inventory over the summer, prices are expected to be pushed higher, leading to slower sales in the coming months.”
The Q2 Cox Automotive Dealer Sentiment Index out last week said that dealers are increasingly wary of future market conditions. While many acknowledged the short-term lift in sales from tariff-driven urgency, the broader sentiment reflected anxiety about a cooling market and the long-term impact of trade policies. As expected, newly implemented tariffs by the Trump administration were a dominant theme in dealer responses, reinforcing the forecast of a cooling market in the months ahead. Continue reading
Nissan Motor Posts ¥670.9 Billion Net Loss
Nissan Motor Company (7201T and NSANY ADR)* today announced financial results for the full year and the fourth quarter of the Japanese fiscal year 2024, ending 31 March 2025. During FY2024, global sales remained at 3.346 million units impacted by “intensified sales competition.” Nissan’s consolidated net revenue was ¥12.6 trillion yen, resulting in an operating profit of ¥69.8 billion with a razor thin operating margin of 0.6%. Net loss was, gasp, ¥670.9 billion (~$4.5 billion), which is improved from its previous forecast of a net loss of ¥700 – ¥750 billion for fiscal year 2024. Free cash flow and operating profit in the automotive business were both negative, automotive net cash was ¥1.498 trillion. (Based on average exchange rates of 153 JPY /USD and 164 JPY /EUR for FY2024.)
“In the face of challenging FY24 performance and rising variable costs, compounded by an uncertain environment, we must prioritize self-improvement with greater urgency and speed, aiming for profitability that relies less on volume. As new management, we are taking a prudent approach to reassess our targets and actively seek every possible opportunity to implement and ensure a robust recovery. Re:Nissan is an action-based recovery plan clearly outlines what we need to do now. All employees are committed to working together as a team to implement this plan, with the goal of returning to profitability by fiscal year 2026,” said Ivan Espinosa, Nissan president and CEO. Continue reading
Posted in auto news, economy, electric vehicles, financial results, manufacturing, mobility company, news analysis, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ivan Espinosa Nissan president and CEO, Ken Zino, Nissan Motor financial results FY 2024, Re:Nissan turnaround plan, Tokyo Stock Exchange, X @KenAutoinformed
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UK Car Production Down. Trump’s Tariffs Threaten Future
“A March uplift to manufacturing is overdue good news, although the performance was boosted by a comparatively weaker month last year, when holiday timings and product changeovers combined to reduce output. With the last quarter showing demand for British-built cars rising overseas, navigating the new era of trade uncertainty is now the major challenge. Government has rightly recognized automotive manufacturing’s critical role in Britain’s export economy and must now show urgency and creativity to deliver a deal that supports our competitiveness, spurs domestic demand for the latest cleanest vehicles, and helps factory lines flourish,” said Mike Hawes, SMMT Chief Executive. Continue reading
Posted in auto news, economy, environment, global warming, manufacturing, news analysis, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, King Trump decrees, Mike Hawes, SMMT, Society of Motor Manufacturers and Traders, Trump protectionism and retaliatory tariffs, UK exports of goods, X @KenAutoinformed
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Hybrid-Electric Cars Dominate EU Car Sales
During Q1 2025, new EU car registrations declined by 1.9% compared to Q1 2024, with March 2025 figures showing a slight 0.2% year-on-year (YOY) decline according to registration data released today by the European Automobile Manufacturers’ Association, aka ACEA derived from its French name.* The battery-electric car market share stood at 15.2% market in Q1 2025, far from where it was expected to be by regulators and analysts. Hybrid electric models continue to grow in popularity, retaining their place as the most popular power type among buyers. Continue reading
Posted in auto news, economy, electric vehicles, global warming, marketing, news analysis, public health, results, sales
Tagged acea, ACEA European Automobile Manufacturers’ Association (ACEA), auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Death of the diesel, eu march sales, hybrid-electric car sales, Ken Zino, X @KenAutoinformed
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Tesla Tanking as Musk Leaves DOGE
Tesla said late yesterday that 2025 profits during Q1 plunged from $1.39 billion to $409 million. This was a drastic drop from analyst guess-timates as the Elon Musk’s DOGE chainsaw kicked back on the company and slashed revenue from $21.3 billion to $19.3 billion. Amidst the carnage of lower customer deliveries, lower margins and lower profits, Elon Musk also claimed that he was leaving DOGE behind as his major work there was finished.
“So at Tesla, we’ve gone through many, many of crisis over the years and actually been through many near death experiences. Like, we probably were on the ragged edge of death at least on maybe a dozen times,” Musk claimed. “This is not one of those times.” Continue reading
Posted in auto news, electric vehicles, financial results, news analysis, quality, results, sales, Trump Truth Tests
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, DOGE, elon musk, Ken Zino, Tesla Q1 2025 Financial Results, X @KenAutoinformed
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Porsche EV Sales Up in Q1 2025
Porsche AG (P911.DE) said today that it substantially increased the share of electrified vehicles it sold in the first quarter of 2025. A total of 71,470 vehicles were delivered to customers worldwide between January and March, 38.5% of which were electrified. This share is comprised of 25.9% all-electric vehicles and 12.6% plug-in hybrids.
“The Macan performed very well in the first quarter and, with the all-electric variant, is making a significant contribution to our increased electrification rate. Overall, we have a very balanced powertrain mix that reflects the different preferences of our customers, globally,” said Matthias Becker, Member of the Executive Board for Sales and Marketing at Porsche AG. Continue reading
BMW Group Posts Slight Q1 2025 Sales Drop
BMW Group (Bayerische Motoren Werke AG ADR BMWYY) said today that global automotive deliveries were basically flat at 586,149. Compared to the previous year this represented a drop of -1.4%. China. was largely the problem, as it is for all non-native automakers. During the first three months of 2025, the BMW Group saw growth in Europe ( 241,867 for +6.2%) and the US (94,591 for +4.0%). This gives U.S. bragging rights to BMW since MBUSA (Mercedes-Benz Group AG MBGAF) sold 75,100 vehicles in the quarter. Outside of China, BMW growth was +5.9%. year-over-year. Continue reading
Mercedes-Benz USA Posts Q1 Sales Drop
Mercedes-Benz USA (MBUSA) reported Q1 2025 group* sales of 67,400 Passenger Cars. Mercedes-Benz Vans reported Q1 2025 group sales of 7700 units, bringing MBUSA to a total of 75,100 vehicles for the first quarter of the year. Amidst the generally tepid sales results is a sharp 52% decline in van sales.
“I am proud to see our teams and valued dealer partners continue to work together with an unwavering focus on the core of our business – our valued customers. We closed Q1 in a very strong position for wholesale group sales and celebrated our best-ever March in MBUSA’s history for retail sales,” said Dimitris Psillakis, President and CEO of Mercedes-Benz USA. Continue reading
Ford Motor Q1 U.S. Retail Sales Up 5%
Ford Motor Company (NYSE: F) said U.S. retail sales rose 5% in the first quarter of 2025. However, overall, total Ford sales for the quarter decreased 1% year over year. Ford claimed this was “mainly due to daily rental fleet sales timing and lost volume from the discontinuation of the Ford Edge and Transit Connect.” In March, F-Series sales rose 38% with a first quarter increase of 24% on sales of 190,389 trucks. F-Series continued as America’s best-selling truck lineup based on preliminary data. General Motors left Ford in in the dust. Continue reading
GM Q1 2025 U.S. Sales Lead Auto Industry
General Motors (NYSE: GM) said today that its U.S. sales increased 17% in Q1 OF 2025, with double-digit increases at all four of the company’s brands. For the quarter, GM claimed it led the U.S. automotive industry in total sales at 693,363. It also claimed leadership in retail and fleet sales.
“GM’s sales growth outpaced every other major automaker, and the driving force is our portfolio,” said Rory Harvey, GM executive VP and president of global markets. “We’re the industry leader in trucks and affordable small SUVs, Cadillac is growing significantly in luxury, and we have the broadest portfolio of EVs in the industry.” Continue reading
Electric Vehicle Sales Outpacing Public Chargers
Electric vehicles sold in the US during Q4 of 2024 comprised ~11% of all light duty vehicle sales. This is the highest quarter on record.* This also represents a 0.3% percentage-point market share increase from the 3rd quarter of 2024, according to an analysis released today by the Alliance for Automotive Innovation, a trade and lobbying group for automakers. There were about 433,843 EV sales from 144 different electric vehicle models sold in the 4th quarter alone of last year. Battery electric vehicles make up the majority of those, but plug-in electric as well as hybrid vehicle sales have been growing as well. Continue reading
Posted in auto news, connected vehicles, electric vehicles, global warming, news analysis, public health, sales
Tagged Alliance for Automotive Innovation, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, public EV charging ports, X @KenAutoinformed
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EU February 2025 Car Sales Drop. Tesla Tanks
During February 2025 new car sales dropped -3% according to data released today from the European Automobile Manufacturers’ Association, aka ACEA derived from its French name. Year-to-date February 2025, battery-electric vehicles (BEVs) accounted for 15.2% of total EU market share, signifying an increase from the low baseline of 11.5% in the comparable period of January-February 2024. Hybrid-electric vehicles surged, capturing 35.2% of the market and remaining the preferred choice among EU consumers. Meanwhile, the combined market share of petrol and diesel cars fell to 38.8%, down from 48.5% over the same period in 2024.
“Notably, the bloc’s major markets saw declines, with Italy (-6%), Germany (-4.6%), and France (-3.3%). Spain conversely recorded an 8.4% increase,” ACEA said. Buried in the data, but not called out by ACEA is Tesla sales have dropped significantly for the second straight month in Europe. Year to date Tesla is off 49% dropping from 37,311 in 2024 to 19,046 in 2025. This as the Chinese assault on the European market is just beginning. Continue reading
Milestones – Toyota Indiana Builds 1-Millionth Hybrid
Toyota Motor (NYSE: TM and 7203.T) celebrated today the manufacturing of the 1-millionth hybrid vehicle at the Princeton Indiana plant. The Sienna van has been assembled at Toyota Indiana since 2003, with the all-hybrid model being the latest iteration built by the plant’s 7650 team members.
“It’s a significant achievement to reach this milestone and something our team members should be proud of,” said Jason Puckett, president of Toyota Indiana. “The all-hybrid Sienna demonstrates our commitment to electrification and remains a top-selling vehicle in Toyota’s lineup.” Continue reading →