Category Archives: sales

GM U.S. Sales Up 5% in December, +14% 2011. Share Increases

Posted on 4 January 2012 by Ken Zino

GM expects full-year 2012 light vehicle sales to be in a range of 13.5 million to 14.0 million units. In previous years, GM’s forecasts were based on total vehicle sales, which included medium- and heavy-duty vehicles, or about 300,000 additional units. Continue reading →

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Toyota Projects 20% 2012 Sales Rise. Ichiban Again?

Posted on 22 December 2011 by Ken Zino

Both General Motors Company and Volkswagen Group, at more than 8 million vehicles each, will outsell Toyota’s 2011 sales tally of fewer than 8 million in a record global market of 75 million vehicles. Continue reading →

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December New Vehicle Sales to End 2011 above 1 million

Posted on 22 December 2011 by Ken Zino

While new vehicle sales will be relatively strong, if the forecast holds, the auto sales volume means a seasonally adjusted annualized rate or SAAR of 11.2 million units nowhere near the 15-17 million rates of the middle of the last decade and the current rate in the EU, even with its Eurozone crisis. Continue reading →

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European Auto Sales Drop Continues Unchecked in November

Posted on 16 December 2011 by Ken Zino

Counter intuitively the Eurozone crisis is producing calls for austerity, instead stimulus plans that would increase tax revenues and employment from all industries, including auto manufacturing and sales. The automobile industry in Europe provides employment for more than 2.3 million workers and supports another 10 million jobs in related industries. Annually, automakers invest more than €30 billion in R&D, which makes it the largest private investor in R&D in Europe. Europe’s increasing instability poses risks for European, as well as the global economy. It could even affect the outcome of the U.S. presidential election next year. Continue reading →

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Toyota Motor November Sales Up 7% as Inventories Build

Posted on 1 December 2011 by Ken Zino

Toyota Motor has now returned near the sales levels it had in Q1 before the tragic Japan earthquake disrupted production for months. With the auto industry monthly sales running at the highest rates since August of 2009 when taxpayer subsidies boosted sales under the Cash for Clunkers program, Toyota seems ideally positioned top be back to full strength by early next year. As it is now Toyota has about a 14% market share in the U.S. even though year-to-date total sales are off a whopping 20%, at 1,384,558 vehicles. Continue reading →

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Ford Motor November U.S. Sales Up 13%

Posted on 1 December 2011 by Ken Zino

Overall, ytd Ford Motor has sold 1,938,666 vehicles, more than 500,000 vehicles ahead of Toyota Motor Sales. Continue reading →

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GM U.S. Sales Up 7% in November – SAAR Booming

Posted on 1 December 2011 by Ken Zino

Increased sales of pickup trucks and full size vans dominated GM’s results. GM deliveries y-o-y showed a 34% increase in Chevrolet Silverado pickuo truck sales (34,251) and a 22% increase in GMC Sierra pickup sales at 11,971 Continue reading →

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Honda Production Returns to Normal in December. Resourcing Components Helps Ongoing Thailand Flood Disruptions

Posted on 28 November 2011 by Ken Zino

Honda automobile production in Japan and North America will resume Normal levels by the end of the first week of December, Japan’s third largest automaker said this morning. All of Honda’s North American plants will resume normal production by December 1, 2011, with some plants resuming normal production in late November. A combination of re-sourcing parts outside of Thailand and aiding suppliers in Thailand after the worst floods in decades is responsible for easing the crisis. Continue reading →

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November U.S. Auto Sales Up – 11.3 Million Retail SAAR?

Posted on 18 November 2011 by Ken Zino

New-vehicle retail sales in November are increasing at a rate that could mean deliveries of 791,900 cars and light trucks, which represents a seasonally adjusted annualized rate (SAAR) of 11.3 million units. Continue reading →

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EU Car Sales Down Again in October. Four Year Trend Ongoing

Posted on 16 November 2011 by Ken Zino

The ongoing economic decline of Europe is causing problems for the Detroit Three. Sales in Germany, the largest EU market, remained stable (+0.6%), while results in Italy (-5.5%) and Spain (-6.7%) were negative, leading to an overall 1.8% decline in new registrations. From January to October, Germany was the only major market to post significant growth (+9.8%). France saw its demand slightly increase by 0.4%, while the UK (-4.5%), Italy (-10.8%) and Spain (-19.7%) all declined. Continue reading →

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GM China Sales Set October Record – Surpass U.S.

Posted on 8 November 2011 by Ken Zino

During October 2011, sales by GM in China surpassed 2 million, reaching 2,113,274 units – more than the 2,000,000 units it has sold in the U.S. ytd. Two of GM’s manufacturing joint ventures surpassed 1 million annual sales in China, with Shanghai GM’s sales totaling 1,009,536 units and SAIC-GM-Wuling’s sales coming in at 1,053,196 units. This was the earliest in their history that GM and its joint ventures reached these sales milestones. Continue reading →

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Toyota to Export U.S.-Built Sienna to South Korea. FTA that UAW Supported, Also Helps Non-Union Plant Exports

Posted on 2 November 2011 by Ken Zino

The Korea FTA is opposed by all organized labor groups, except the United Auto Workers Union, which in the view of critics sold out organized labor for the promise that 75,000 UAW-built vehicles would be exported to Korea. Thus far Ford and General Motors, all with new four-year UAW contracts, have not announced plans to export to Korea. Continue reading →

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Mixed U.S. October Sales Results for Japanese Three. Toyota Sales Down 8%. Honda Sales +3%. Nissan October Sales +18%

Posted on 1 November 2011 by Ken Zino

Acura, Honda’s luxury label, posted sales of 11,115, an increase of 4.8% versus October 2010, with year-to-date sales of 100,261, compared to Infiniti’s 79,000. This means that natural disaster battered Lexus with ytd sales of 153,739 of cars and light trucks – virtually all of which are made in Japan – easily retains the Japanese luxury vehicle sales crown, but it will displaced from luxury sales leadership for the first time in more than a decade by BMW and Mercedes-Benz. Continue reading →

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Ford Motor Company October Sales up 6% from Trucks, SUVs

Posted on 1 November 2011 by Ken Zino

Ford is now emphasizing truck sales and adding crossover sales with them. This is because Ford Motor Company car and retail sales are down in October compared to last year, hurt by bad results at Lincoln (-11% at 6,100 units), and the absence of 7,500 units from now defunct Mercury. With the strength of trucks, though, overall Ford Motor sales of 1,771,801 units is up 10.9%. Fleet sales are 33% of the total, which based on early numbers, appears to be leading the industry, ahead of GM’s 23% of October sales. Continue reading →

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Chrysler Group October Sales Up 27%. Comeback Continues

Posted on 1 November 2011 by Ken Zino

Chrysler Group today reported U.S. sales of 114,512, a 27% increase compared with sales in October 2010. It was the Number Three Detroit automaker’s best October since 2007. This wasn’t good enough to defend its recent Number Three U.S. sales position, as Toyota’s return to the market with better inventories moved it back into the Number Three spot by 20,000 units. Continue reading →

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