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Category Archives: sales
U.S. September Sales Up from ‘10. SAAR Weak at 12.9 Million
This is the first time the retail selling rate would be above 10 million units since the 10.8 million-unit rate in April, if the J.D. Power and Associates projection holds up. Nonetheless, sales are far, far below the 16-17 million unit SAARs of last decade as a jobless recovery continues with record levels of long-term unemployment. Continue reading
Posted in auto news, economy, news analysis, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, green cars, j.d power, jobless recovery, Ken Zino, results, saar, september sales results, u.s. sales, zino
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EU Car Sales Mixed During July and August. Year-to-Date Downward Sales Trend Continues for Fourth Straight Year
Eight months into 2011, a total of 8,888,793 new cars were registered in the EU, or 1.3% less than in the same period a year ago, according to a release from the automakers’ trade group (ACEA) today. Continue reading
Honda Reeling From Sales, Quality Declines Has New Ads
American Honda is launching a new national advertising today starring actor Patrick Warburton, which attempts to reverse its recent sales decline by looking backward at the Japanese company’s long tradition of earning awards, while using humor to parody industry marketing techniques that even Honda once used. Continue reading
Honda Struggles, Toyota Flat and Nissan Up in August Sales
This means, among other things, that the Detroit Three – GM (219,000), Ford (175,000) and Chrysler (130,000) in descending sales order – were literally the Big 3 once again. However, if you eliminate the rounding used here, Chrysler led Toyota by 636 vehicles. Continue reading
Ford Motor August Sales Increase 11% led by Trucks, SUVs
Ford Motor Company’s August sales totaled 175,220 vehicles, an increase of 11% compared to a year ago, largely because of an increase of 16% by Ford brand sales of trucks and sport utility vehicles to 117,000 units. Continue reading
Chrysler Group August Sales Up 31% in U.S.
Chrysler Group August sales were 130,119 vehicles in the U.S., a 31% increase compared with sales in August 2010 of 99,611 units. The smallest of the Detroit Three said this was the best August sales since 2007. Based on early sales numbers this was much greater growth than average auto industry growth in August. Continue reading
General Motors U.S. August Sales Increase 18%
General Motors today reported total August sales of 218,479 vehicles, an 18% increase compared with August 2010. The August sales gains were evenly divided among car, crossover and the truck segments that GM reports on. Continue reading
August Auto Sales Down Again, Below Recent Predictions
Hurricane Irene only added to ongoing auto sales woes, as consumer confidence declined yet again. Housing prices also dropped and not only the ones under water; the Federal government admitted, finally, that real GDP growth for the first half of 2011 was less than 1%; while Federal Reserve Board meeting notes showed that the governors were at a loss as to what to do next to stimulate a stalled economy. Continue reading
Posted in auto news, economy, marketing, news analysis, results, sales
Tagged august results, auto informed, auto news, auto sales, autoinformed, autoinformed.com, automotive news, gdp, great recession, j.d power, Ken Zino, results, sales results, u.s. auto sales, zino
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August New Vehicle Sales Barely Up. U.S. Economy Still Stalled
It looks like the new vehicle retail sales for August will continue at a seasonally adjusted annualized rate (SAAR) of a mere 9.9 million units since sales for August are projected at 898,000 units. The retail selling rate is just … Continue reading
Posted in auto news, economy, marketing, news analysis, results, sales
Tagged 2012 election, august sales, auto informed, auto news, autoinformed, autoinformed.com, automotive news, fta, j.d power, Ken Zino, korean automakers, Korean fta, results, u.s. auto sales, zino
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Volkswagen Continues Growth in July. China Largest Market
Despite ongoing EU economic woes and profligate government debts, Volkswagen deliveries in Europe totaled 1.02 million models to customers in July (0.94; +8.1%), of which 556,500 (541,500; +2.8%) were delivered in Western Europe excluding Germany. Deliveries on the home market of Germany were, not surprisingly, better, with 352,700 (325,100; +8.5%) vehicles handed over to customers. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, auto news, auto sales, autoinformed, autoinformed.com, automotive news, Ken Zino, results, vw brand results, vw sales results, zino
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Ford Europe Sales Fall in July as EU Economic Woes Continue
Ford’s market share in its traditional 19 European markets was 8.3% for the first seven months of the year, 0.3 percentage points lower in the same period 2010 as Ford continues to lose ground to competitors who are employing a combination of heavy incentives and new models to increase share. As a result Ford’s market share in July fell 0.2 percentage points to 8.1%. Continue reading
Posted in auto news, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, ford europe july results, ford europe results, Ken Zino, results, zino
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Volvo Car Posts Profit in Q2. Predicts Volatile Second Half
Volvo Car Corporation posted today a profit of 600 million SEK (~$95 million) because of increased sales for Q2. However the Chinese owned company warned of a “volatile second half of the year. The operating improvement of 170 million Kronor … Continue reading
Porsche Sales Down in July, But Set New Record in China
Porsche said it had record sales in the Chinese market in July with deliveries of 2,484 vehicles, the best monthly result in China ever. In total the sports car manufacturer delivered 14,751 vehicles in the current financial year in what is now Porsche’s second largest market. This marks a 72.6 % increase compared with the period January to July 2010. The Cayenne especially is in strong demand in Asia. Continue reading
Posted in auto news, marketing, news analysis, results, sales
Tagged auto informed, auto news, auto sales, autoinformed, autoinformed.com, automotive news, global auto sales, july results, Ken Zino, porsche, results, zino
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GM Stock Below $25 down from $39 High as Conference Opens
During the program, senior leaders reviewed GM’s progress and outline plans for further improvement. In a sense GM is playing a “beat the reaper” game – can GM increase share and sales of less profitable small cars such as the Chevrolet Sonic, which is just entering production, at a greater rate than the drop off in truck sales and larger per unit profits in North America, while growing in Eastern Europe, South America and Asia? Continue reading
Posted in auto news, economy, financial results, news analysis, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, dan akerson, GM, gm business plan, gm earnings, gm global business conference, gm ipo, gm outlook, gm returns, gm stock price, Ken Zino, zino
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BMW Group Posts Record Global Sales for July
BMW was the best-selling premium automobile brand in the US market, although incentive costs were rising to almost $3,000 a unit and Lexus was effectively shut out of the market because of earthquake shortages. Continue reading
Posted in auto news, economy, news analysis, results, sales
Tagged auto informed, auto news, auto sales, autoinformed, autoinformed.com, automotive news, BMW, bmw group results, bmw july sales, Ken Zino, results, zino
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