Category Archives: sales

EU Car Sales Continue to Evaporate in October – Off -5%

Posted on 19 November 2012 by Ken Zino

The economic decline of the European Union continued in October as sales of new passenger cars contracted by 5% to 959,412 compared to October of 2011. It was the thirteenth straight month of sales declines across the economically embattled Eurozone as the trade bloc comprised of 27 bickering nations is unable to move out of the economic doldrums. Continue reading →

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Ford China Sales Grow in October as Focus Dominates Results

Posted on 13 November 2012 by Ken Zino

Ford Motor and its communist government dictated partners set a sales record during October in China as the firms sold 60,518 cars and light trucks. Market leader General Motors sold more than 250,000 vehicles during the same period in the world’s largest car market. Continue reading →

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Offshore Brands Hold Share in U.S. Auto Sales During Stormy October

Posted on 6 November 2012 by Ken Zino

If there is any weakness in the Detroit Three, it remains passenger cars. Not one Chrysler, Ford or GM car occupied a spot on the Top Ten Selling list. This, once again, shows how entrenched Japanese automakers are in the small- and mid-size car segments, which now comprise 73% of the car market, good for total sales of more than 402,000 cars in October of 2012. Continue reading →

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GM Sells More Than 250,000 Vehicles in China – an October Record

Posted on 5 November 2012 by Ken Zino

General Motors and its communist government required joint ventures sold 251,812 vehicles in China, a record for the month of October. Sales were up 14% on an annual basis, as GM’s major brands in China reached new highs for the month in the world’s largest auto market. GM is the largest automaker in the Chinese market. Continue reading →

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General Motors U.S. Sales Increase 5% in October

Posted on 1 November 2012 by Ken Zino

General Motors Company today reported October sales in the United States of 195,764 vehicles, an increase of 5% compared to October 2011. Overall industry growth was 7% for the month, and the industry is running at a seasonally adjusted annual rate or SAAR of more than 14 million retail units. GM’s year-over-year sales to retail customers were up 7%, and sales to fleet customers were down 2%. Continue reading →

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Ford Motor U.S. Sales Flat in October – Second Month on Hold

Posted on 1 November 2012 by Ken Zino

Ford Motor Company posted weak sales of 168,456 total vehicles in October, unchanged from a year ago in an industry that grew more than 8%. Retail sales were up 2% compared to last year. It was Ford’s second straight no-growth month of the year. Continue reading →

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Chrysler Group U.S. Sales Up 10% in October

Posted on 1 November 2012 by Ken Zino

Chrysler Group today reported U.S. sales of 126,185 units, a 10% increase compared with sales in October 2011 (114,512 units) It was the Group’s best October sales since 2007, and it appeared inline with industry growth of 8% based on preliminary numbers. Continue reading →

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October U.S. Sales Forecast Sunny at more than 12 million SAAR

Posted on 26 October 2012 by Ken Zino

New-vehicle retail sales in October are forecast at 943,200 units, a 13% increase in volume compared with October 2011. This works out to a seasonally adjusted annualized rate or SAAR of 12 million new cars and light trucks. If true, October will be the second consecutive month above 12 million units, the first time since April and May 2008 before the Great Recession set in. Continue reading →

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Honda Hybrid Sales Top 1 Million. 3M More to Catch Toyota

Posted on 23 October 2012 by Ken Zino

Honda Motor Company said today that worldwide sales of hybrid vehicles have now surpassed 1 million units. This milestone was reached at the end of September after the start of sales of the first generation Insight in Japan during November 1999. At the time, Insight fuel economy was rated at 35km/liter, then the world’s highest fuel efficiency among all mass-production gasoline-powered vehicles. Continue reading →

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NADA Chairman Says Automakers Use Unfair Business Practices

Posted on 23 October 2012 by Ken Zino

The new chairman of the National Automobile Dealers Association, Bill Underriner, said today that automakers need to stop intruding into dealerships. After noting the Tigers are back in the World Series at the Automotive Press Association in Detroit, he said there’s “good energy here. The auto industry is doing its part to lead the economic recovery. But we still have a long way to go – not just here but all around the country. Auto sales are up, but financial pressures are too…especially on dealerships.” Continue reading →

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Next Generation Chevrolet Silverado Pickup to Debut in December

Posted on 22 October 2012 by Ken Zino

Chevrolet will unveil what is calling the all-new Silverado 1500 full-size pickup on 13 December at a special event in the Detroit area. In a release, Chevy claimed, “bold exterior design of the new Silverado reflects the enhanced capabilities of the truck while features such as jewel-like, projector beam headlamps showcase the careful attention given to every detail.” Presumably, this also means a “bold new grille.” Continue reading →

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September EU Vehicle Sales Drop 11%. Eurozone Crisis Unabated

Posted on 16 October 2012 by Ken Zino

EU new vehicle registrations continued their downward slump in September declining 11% from September 2011. It was the twelfth straight month of sales declines across the economically embattled Eurozone as the trade bloc comprised of 27 bickering nations or tribes heads for its fifth straight year of declining sales. Continue reading →

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Ford and GM Set China Vehicle Sales Records in September

Posted on 15 October 2012 by Ken Zino

General Motors Company and Ford Motor Company have set September sales records in China, the world’s largest automarket. The results were in keeping with the disparate positions of the Number One and Number Two U.S. automakers in the communist country. Continue reading →

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Fiscal Cliff Applies to U.S. Auto Sales Post Election. Yes or No?

Posted on 12 October 2012 by Ken Zino

Nevertheless, in keeping with Harry Truman’s failed search for a one-handed economist, the rating agency hedged its prediction. “Regarding the fiscal cliff, in our opinion, it is likely that all or some of the tax increases and spending cuts will be resolved or at least temporarily deferred,” Fitch backpedaled, in the same report.
Continue reading →

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Most Buyers Shopping for New Vehicles use Personal Computers

Posted on 3 October 2012 by Ken Zino

While the buzz in the computer world is all about the growth of mobile devices to access the Internet, so-called tablets and smartphones are only being used by one in five new-vehicle buyers. This compares to nearly all (99%) buyers who use a desktop or laptop computer at some point when shopping for new wheels. Continue reading →

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