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Category Archives: sales
December U.S. Vehicle Sales Projected at a +4% Increase
The Detroit Three continued to build inventory rapidly, and their combined days’ supply climbed from 87 days at the beginning of November to 93 days by the end of the month. This is potentially worrisome. Continue reading
General Motors Sells Record 3 Million Vehicles in China
However, the Detroit based automaker is facing a serious challenge to its long held sales leadership in the communist country from Volkswagen Group this year. Continue reading
EU November Cars Sales Up Slightly
In absolute numbers, this represents the third lowest level recorded for a month of November since ACEA, the automakers trade group, recorded new registrations in the EU27 in 2003. Continue reading
Global Light Vehicle Sales at Record Pace
Led by the Chinese market, the world’s largest, global vehicle sales again were at a record pace during the month of November. Preliminary results for show the light vehicle market soared to a new record of more than 86 million units a year. Continue reading
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Holiday Shoppers Boost November U.S. Auto Sales
The upshot was a SAAR or seasonally adjusted annualized selling rate of more than 16 million – back to the levels before the Bush Great Recession years took hold starting in 2008. Continue reading
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Tagged autoinformed, autoinformed.com, best sellers, Ken Zino, november sales, top ten
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Used Vehicles Sales Strong in December. Trucks in Demand
With 80% of all workers commuting in vehicles, 38,711,288 previously owned cars and trucks have changed title so far this year with a total value from all three channels based on transaction prices at $29.12 billion, up +7.8% compared $27.01 billion in the comparable period. The record for used vehicle sales in one year occurred in 2005 at 44,138,263. Continue reading
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November U.S. Sales Forecast at 1.2 Million
Through the first half of November, the average transaction price of new vehicles is $30,079, an increase of $461 from November 2012. Sales and transaction price increases mean that consumers will spend 10% more on new vehicles during the month than they did in November 2012, and nearly double the level of November 2008 during the Bush Administration’s Great Recession. Continue reading
EU Posts Second Straight Month of Gains in Car Sales
Nonetheless from January to October, new car registrations amounted to 10,006,807 units, or -3.1% fewer than in the same period last year as the austerity policies of European politicians continue to wreak havoc on a weak economy that is experiencing five straight years of light vehicle sales declines. The October results were the second lowest level to date for a month of October. Continue reading
Posted in auto news, sales
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Volkswagen Group on Track for 9.5 Million in 2013 Sales
Volkswagen Group is now saying it will sell 9.5 million vehicles for the full year, which, if true, could unseat the existing Number One Global sales leader Toyota Motor and Number Two General Motors, both of whom currently have more conservative sales forecasts. Continue reading
China Pulls October Global Vehicle Sales to All-Time Record
The global auto market during October is running at a record rate of close to 85 million light vehicles a year. China as usual is at the forefront of the increase with a historically strong selling rate of 22.4 million annually. Sales are also increasing in other markets, with West European demand slowly moving upwards while Brazilian and Japanese sales were astrong. Continue reading
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Trucks Dominate U.S. October Sales as Offshore Brands Dip
The government shut down. The SAAR slipped to a seasonally adjusted annual rate of 15.23 million units. Offshore brands were outpaced by soaring Detroit Three truck and SUV sales, according to the final October U.S. sales results from AutoData. Continue reading
Ford Motor October Sales Increase 14%
Ford Motor Company’s October U.S. total sales of 191,985 vehicles increased 14% compared to October 2012 that was severely depressed because of Hurricane Sandy. In an overall market that rose 8%, with extremely weak results for the first two weeks of the Republican-led government shutdown. Continue reading
Posted in economy, sales
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Chrysler Group October U.S. Sales Up 11%
“After a choppy start to the beginning of the month [caused by the Republican Tea Party extremists government shut down that appears thus far to be responsible for $24 billion in losses to the U.S. economy – editor], Chrysler Group sales accelerated in the second half of the month with renewed consumer confidence and the launch of our all-new Jeep Cherokee,” said Reid Bigland, Head of U.S. Sales. Continue reading
Toyota World’s Largest Automaker trailed by GM, VW
Toyota Motor has retained its lead as the world’s largest automaker, according to nine- month sales figures the Japanese automaker released on Monday. Toyota said it sold 7.41 million vehicles globally through the end of the western Q3, a flat performance when compared year-over-year. Continue reading
September U.S. Auto Sales Down for First Month in Three Years
U.S. Auto sales of light vehicles declined in September for the first time in three years, as a calendar quirk and weakening of Asian brand vehicles displaced strong growth at the Detroit Three. Continue reading
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Tagged aida, autoinformed, autoinformed.com, Ken Zino, tea party terrorism, top ten
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