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Category Archives: sales
China Light Vehicle Sales Remain Strong in August
LMC notes that widespread industry predictions of only single digit growth rates for auto sales this year and for the next couple are increasingly looking erroneous and is sticking to a more than 13% increase during 2013 as a forecast. Continue reading
European Car Sales Down. Lowest Level Ever for Year
From January through August 2013, new car sales amounted to 7,841,596 units or 5.2% less than in the same period last year. This means that it was the lowest January to August level ever recorded since record keeping began in 1990, according to ACEA, the automakers trade association. Continue reading
Posted in sales
Tagged acea, autoinformed, autoinformed.com, european car sales, Ken Zino
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China Auto Sales Continue Upward. GM Sets August Record
China’s entire light vehicle market posted a solid start in Q3, with locally‐made light vehicle sales according to the latest data available reaching 1.43 million units in July, up 9.3% from a year earlier. Continue reading
Posted in sales
Tagged autoinformed, autoinformed.com, china, gm china, Ken Zino, lmc
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August European Auto Sales Down Again
Auto sales in Western Europe fell by 5.3% in August dashing the hopes of auto executives that the market had finally bottomed out while continuing a five year negative trend as the results continue to confirm the bleak conditions facing the industry. Continue reading
Asian Brands Dominate U.S. August Sales
While the pickup truck market dominated by the Detroit Three exploded during August, in the crucial and larger car market, Asian brands ruled. Continue reading
Posted in sales
Tagged aiada, autoinformed, autoinformed.com, Ken Zino, offshore brands
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Chrysler, Ford, GM Post Double Digit August Sales Gains
Chrysler, Ford and GM all recorded double digit gains in U.S. August sales as the market went back to the pre-Great Recession levels of 2007. Robust pickup truck sales, a relatively trouble free changeover to the production of 2014 models, cheap credit and strong retail demand, all were factors in an overall industry that is now running at more than 16 million units annually. Continue reading
Posted in economy, sales
Tagged autoinformed, autoinformed.com, chrysler, Ford, GM, Ken Zino, toyota, u.s. august sales
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Ford Motor Used Vehicle Sales Running at Record Levels
In general, automakers are setting record used car sales through their dealers as the U.S. economy slowly recovers – more than 80% of workers commute to work in vehicles – and interest rates remain at absurdly low rates as taxpayers continue to subsidize the bankers and Wall Street firms that caused the Great Recession. Record high new vehicle prices – more than $30,000 on average for a car, +$40,000 for a truck – are also forcing some buyers into used vehicles. Continue reading
Posted in aftermarket, auto news, sales
Tagged autoinformed, autoinformed.com, ford motor, Ken Zino, used vehicles
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August Auto Sales Forecast at a Robust 13.1 Million SAAR
U.S. new vehicle sales in August are projected at 1,270,400 units, a 12% increase from August 2012 and the highest monthly sales tally since 2006. Continue reading
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Tagged autoinformed, autoinformed.com, j.d power, Ken Zino, u.s. august sales
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Global Light Vehicle Sales up 14% in July 2013
While global light vehicle sales slowed during July, the selling rate is still ahead of year-ago levels with a Seasonally Adjusted Annualized Rate or SAAR at 82.2 million. In the U.S. during July, sales were once again strong, with a SAAR of nearly 15.8 million, an increase of 14% versus July 2012. Continue reading
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Tagged autoinformed, autoinformed.com, global saar, global vehicle sales, Ken Zino, lmc, saar
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Offshore Brands Move Ahead in July. Toyota outsells Ford
GM by slightly outperforming an overall market that was up 14% easily held onto its Number One spot in the U.S. at 234,071 vehicles sold. However, Ford Motor slipped to Number Three as Toyota had a stronger month with sales soaring to 193,394 to Ford’s 190,080. March of 2010 was the last time Toyota topped Ford and with new Corolla compact car and Tundra pickup trucks just entering production, the back half of the year will see a battle royal between the two global automakers. Continue reading
Posted in auto news, news analysis, sales
Tagged aiada, autoinformed, autoinformed.com, import share, july sales, Ken Zino, u.s. market share
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Chrysler Group July 2013 U.S. Sales up 11%
It was the best July in seven years as Chrysler Group today reported U.S. sales of 140,102 units, an 11% increase compared with sales in July 2012 of 126,089 units. Jeep, Dodge, Ram Truck and Fiat brands each posted year-over-year sales gains in July compared with the same month a year ago. Chrysler Group extended its streak of year-over-year sales gains to 40-consecutive months in July Continue reading
Posted in auto news, sales
Tagged autoinformed, autoinformed.com, chrysler group, Ken Zino
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EuroSlump Goes On – June Commercial Vehicle Sales Drop -5%
During June commercial vehicle sales in the EU dropped by -5% in the EU as vehicle registrations continued their downward trend to 149,996 units. In another dismal month, all segments were down, from -4.2% for vans to -14.0% for buses and coaches. Continue reading
Posted in economy, sales
Tagged autoinformed, autoinformed.com, eu, eu crisis, Ken Zino
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July U.S. Sales Projected as Hot – up 12%
Not all this is good news for automakers in general, and specifically the Detroit Three. Drastic capacity cuts during the Great Recession have caught them out with the market recovery volumes approaching 16 million now running at least a year ahead of earlier forecasts. Mandatory overtime and cancelled vacations are the rule of the day, which ultimately will wear down UAW and workers at Japanese companies and inevitably lead to quality declines. Continue reading
Posted in auto news, news analysis, sales
Tagged autoinformed, autoinformed.com, j.d power, Ken Zino, lmc
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GM Sales Up 4% in First Half of 2013. Chevrolet Sets Record
General Motors sold more than 4.85 million vehicles in the first half of 2013, an increase of under 4% compared to the same period in 2012. The question now is will GM remain Number Two in Global Auto sales when current leader Toyota Motor reports sales results for the period. GM in a rising global market increased its share only 0.1% year-over-year, while Toyota has been rebounding at a much higher rate. Continue reading
Posted in auto news, sales
Tagged autoinformed, autoinformed.com, global sales, GM, Ken Zino, toyota vw group
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