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Category Archives: sales
BMW Group Posts Slight Q1 2025 Sales Drop
BMW Group (Bayerische Motoren Werke AG ADR BMWYY) said today that global automotive deliveries were basically flat at 586,149. Compared to the previous year this represented a drop of -1.4%. China. was largely the problem, as it is for all non-native automakers. During the first three months of 2025, the BMW Group saw growth in Europe ( 241,867 for +6.2%) and the US (94,591 for +4.0%). This gives U.S. bragging rights to BMW since MBUSA (Mercedes-Benz Group AG MBGAF) sold 75,100 vehicles in the quarter. Outside of China, BMW growth was +5.9%. year-over-year. Continue reading
Mercedes-Benz USA Posts Q1 Sales Drop
Mercedes-Benz USA (MBUSA) reported Q1 2025 group* sales of 67,400 Passenger Cars. Mercedes-Benz Vans reported Q1 2025 group sales of 7700 units, bringing MBUSA to a total of 75,100 vehicles for the first quarter of the year. Amidst the generally tepid sales results is a sharp 52% decline in van sales.
“I am proud to see our teams and valued dealer partners continue to work together with an unwavering focus on the core of our business – our valued customers. We closed Q1 in a very strong position for wholesale group sales and celebrated our best-ever March in MBUSA’s history for retail sales,” said Dimitris Psillakis, President and CEO of Mercedes-Benz USA. Continue reading
Ford Motor Q1 U.S. Retail Sales Up 5%
Ford Motor Company (NYSE: F) said U.S. retail sales rose 5% in the first quarter of 2025. However, overall, total Ford sales for the quarter decreased 1% year over year. Ford claimed this was “mainly due to daily rental fleet sales timing and lost volume from the discontinuation of the Ford Edge and Transit Connect.” In March, F-Series sales rose 38% with a first quarter increase of 24% on sales of 190,389 trucks. F-Series continued as America’s best-selling truck lineup based on preliminary data. General Motors left Ford in in the dust. Continue reading
GM Q1 2025 U.S. Sales Lead Auto Industry
General Motors (NYSE: GM) said today that its U.S. sales increased 17% in Q1 OF 2025, with double-digit increases at all four of the company’s brands. For the quarter, GM claimed it led the U.S. automotive industry in total sales at 693,363. It also claimed leadership in retail and fleet sales.
“GM’s sales growth outpaced every other major automaker, and the driving force is our portfolio,” said Rory Harvey, GM executive VP and president of global markets. “We’re the industry leader in trucks and affordable small SUVs, Cadillac is growing significantly in luxury, and we have the broadest portfolio of EVs in the industry.” Continue reading
Electric Vehicle Sales Outpacing Public Chargers
Electric vehicles sold in the US during Q4 of 2024 comprised ~11% of all light duty vehicle sales. This is the highest quarter on record.* This also represents a 0.3% percentage-point market share increase from the 3rd quarter of 2024, according to an analysis released today by the Alliance for Automotive Innovation, a trade and lobbying group for automakers. There were about 433,843 EV sales from 144 different electric vehicle models sold in the 4th quarter alone of last year. Battery electric vehicles make up the majority of those, but plug-in electric as well as hybrid vehicle sales have been growing as well. Continue reading
Posted in auto news, connected vehicles, electric vehicles, global warming, news analysis, public health, sales
Tagged Alliance for Automotive Innovation, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, public EV charging ports, X @KenAutoinformed
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EU February 2025 Car Sales Drop. Tesla Tanks
During February 2025 new car sales dropped -3% according to data released today from the European Automobile Manufacturers’ Association, aka ACEA derived from its French name. Year-to-date February 2025, battery-electric vehicles (BEVs) accounted for 15.2% of total EU market share, signifying an increase from the low baseline of 11.5% in the comparable period of January-February 2024. Hybrid-electric vehicles surged, capturing 35.2% of the market and remaining the preferred choice among EU consumers. Meanwhile, the combined market share of petrol and diesel cars fell to 38.8%, down from 48.5% over the same period in 2024.
“Notably, the bloc’s major markets saw declines, with Italy (-6%), Germany (-4.6%), and France (-3.3%). Spain conversely recorded an 8.4% increase,” ACEA said. Buried in the data, but not called out by ACEA is Tesla sales have dropped significantly for the second straight month in Europe. Year to date Tesla is off 49% dropping from 37,311 in 2024 to 19,046 in 2025. This as the Chinese assault on the European market is just beginning. Continue reading
Trump Tariffs – His Next Economic Catastrophe
Shoot from the lip President Trump, aka Calamity Donald, today imposed tariffs of 25% across North America disrupting the North American auto market that has thrived on 30 years of free trade. Any new tariffs in place for any significant length of time will be disruptive. The tariffs at 25% are significantly higher than the profits made by the automakers and their suppliers. It is widely – if not universally – held by economists that this is an economic disaster. Continue reading
Posted in auto news, AutoInformed Editorial, economy, fools 'n frauds, manufacturing, news analysis, prices, sales, transportation, Trump Truth Tests
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Calamity Donald, Jim Farley, Jonathan Smoke, Ken Zino, Stephanie Brinley, X @KenAutoinformed
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Society of Automotive Analysts – New Board of Directors
The Society of Automotive Analysts (SAA) today announced its Board of Directors for 2025. Adam Bernard, Founder and Principal of AutoPerspectives, will serve as SAA president, while Jeff Schuster, President of Forecasting, GlobalData, moves into the vice president role. The SAA’s stated goals are to provide automotive professionals exclusive access to industry leaders, early insights and outstanding networking opportunities. “SAA members include every automotive industry professional interested in timely and useful auto industry data, discussion and dissemination of ideas, concepts and solutions,” the SAA said. Continue reading
Posted in auto news, connected vehicles, economy, environment, financial results, fuel economy or emissions, news analysis, people, quality, sales, shows and events
Tagged Adam Bernard, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, AutoPerspectives, general motors, GlobalData, Jeff Schuster, Ken Zino, Magna International, Matt Grecki, Steve Hallman, X @KenAutoinformed
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Penske Automotive Group Posts Record Q4 Revenue of $7.7B
“I am pleased with our financial performance during the fourth quarter. Revenue increased 6% to $7.7 billion, a quarterly record. New and used automotive gross profit per unit retailed remained strong, including a $74 per unit sequential increase in new vehicle gross profit per unit retailed when compared to the third quarter of 2024, and same-store service and parts revenue and gross profit increased 7% and 9%, respectively,” said Chair Roger Penske.
The Company’s Board of Directors has approved a quarterly dividend of $1.22 per share, representing an increase of 2.5%, or $0.03 per share. This represents the Company’s 17th consecutive quarterly increase. The dividend is payable March 6, 2025, to shareholders of record as of February 24, 2025.
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Posted in auto news, economy, insurance, marketing, mobility company, news analysis, results, sales, shows and events, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, penske automotive group, Penske Transportation Solutions, Premier Truck Group, roger penske, X @KenAutoinformed
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Porsche Posts Preliminary 2024 Results
Porsche AG said late yesterday it expects these results (unaudited) for the 2024 financial year: The automotive net cash flow margin is over 10% (forecast 7 to 8.5%). The return on sales is at the lower end of the forecast range. Other performance indicators “do not show significant deviations from the forecast ranges.”
However, Porsche said it would incur an €800 million (~$831 million) charge against operating profit this year because of the cost of introducing new models with internal combustion engines, as well as plug-in hybrids. Continue reading
Volvo Cars Posts Record Sales, Revenue, Profits in 2024, but…
Volvo Cars (VOLCAR B:STO)* today posted a record-breaking year in 2024 with the highest full-year retail sales, revenues and core operating profit in its 98-year history. However, the Chinese owned company anticipates a turbulent 2025 “due to challenging market conditions,” aka Trump’s Trade and Tariff Wars.** “Full-year revenues exceeded SEK 400 billion for the first time in the company’s history, due to a new all-time sales record of 763,389 cars. Its full-year core operating profit of SEK 27 billion, excluding joint ventures and associates, was another record and up 6% compared to 2023. The core operating margin came in at 6.8%, up from 6.4% in 2023,” Volvo said. Continue reading
Posted in auto news, car sharing, connected vehicles, economy, environment, financial results, insurance, manufacturing, marketing, mobility company, news analysis, sales, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Geely Holding, Jim Rowan, Ken Zino, Trump Trade and Tariff Wars, Volvo Cars, X @KenAutoinformed
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Volvo Car USA and Canada Posts January Sales Increase
Volvo Car USA and Canada (Nasdaq Stockholm VOLCAR B) today reported sales of 8755 cars for January, up 5.4% year-over-year. Electrified models, fully electric or plug-in hybrid powertrain, increased 43.8% year-over year (YoY). They accounted for 35.8 % of sales during the first month of the year.
“We are excited to see a strong start to the year and look forward to continued growth in the US and Canada with our new XC90, EX90 and EX30 SUVs complementing a full lineup of cars that make life easier, better and safer for everyone,” said Mike Cottone, President, Volvo Car USA and Canada. No mention whatsoever was made of President Trump’s ongoing and unpredictable trade and tariff wars.* Continue reading
Posted in auto news, electric vehicles, global warming, manufacturing, marketing, news analysis, results, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, Mike Cottone, Nasdaq Stockholm VOLCAR B, VOLCAR B:STO, Volvo Car USA and Canada, X @KenAutoinformed
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Ford Motor Shuffles Leadership Amid Trump Chaos
Ford Motor Company (NYSE: F)* today announced key executive changes as the chaos of the Trump administration continues to cause as yet unknown damages to the economy and the auto industry. Two positions, John Lawler to vice chair to look after strategy, partnerships and alliances; and Sam Wu,President Ford China adding Ford’s International Markets Group, will require insight, and frankly lucky hunches given Trump’s random, variable and reversible assaults on trade, tariff’s and vital international organizations to return Ford Motor to a reliably profitable path. Continue reading
Posted in auto news, connected vehicles, economy, environment, global warming, mobility company, news analysis, people, sales
Tagged Andrew Frick, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Daniel Justo, Jim Farley, John Lawler, Kay Hart, Ken Zino, Marin Gjaja, Sam Wu, Sherry House, X @KenAutoinformed
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Porsche EV Sales Up in Q1 2025
Porsche AG (P911.DE) said today that it substantially increased the share of electrified vehicles it sold in the first quarter of 2025. A total of 71,470 vehicles were delivered to customers worldwide between January and March, 38.5% of which were electrified. This share is comprised of 25.9% all-electric vehicles and 12.6% plug-in hybrids.
“The Macan performed very well in the first quarter and, with the all-electric variant, is making a significant contribution to our increased electrification rate. Overall, we have a very balanced powertrain mix that reflects the different preferences of our customers, globally,” said Matthias Becker, Member of the Executive Board for Sales and Marketing at Porsche AG. Continue reading →