Category Archives: sales

General Motors to Introduce 20 New Models in China, Add Jobs

Posted on 15 February 2011 by Ken Zino

The world’s largest auto market, China, has been good to General Motors, the world’s largest automaker. So no surprise when General Motors Chairman and CEO Dan Akerson said today in Beijing that GM will introduce more than 20 new and upgraded models during the next two years, as well as strengthen Chinese product development capability. Continue reading →

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General Motors Sets January Vehicle Sales Record in China

Posted on 11 February 2011 by Ken Zino

General Motors had a record sales month in China in January, as GM’s two largest manufacturing joint ventures new monthly highs for vehicle sales in the world’s largest auto market of more than 18 million vehicles. It’s a continuation of GM’s strong performance in China during 2010, where it sold more cars and trucks than it did in the U.S. Continue reading →

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Early February U.S. Vehicle Sales Up by 17% from 2010. Significant Market Warming or Just a So What?

Posted on 9 February 2011 by Ken Zino

Both the number of people shopping for a new vehicle and the number who actually buy one are up during early February vehicle sales reports from car dealers. This could mean monthly sales in the 920,000 – 950,000 range, according the CNW Research, an industry consultancy. Continue reading →

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Toyota Motor Corporation Reports 5% Increase in Net Revenues for Nine Months as it Struggles in Europe and Japan

Posted on 8 February 2011 by Ken Zino

The world’s largest automaker is still feeling the negative effects of image damaging safety and quality recalls, the rise in the value of the Yen, and the contraction of its Japanese home market. Continue reading →

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Toyota Reports January Sales up 17%, as it Flings Incentive Gauntlet at Other Automakers with Cash and 0% Interest

Posted on 1 February 2011 by Ken Zino

Loyalty and conquest rates have returned to historical pre-recall levels,” said Bob Carter, Toyota Division group vice president and general manager, Toyota Motor Sales, U.S.A., who went on to say Toyota intends to grow at greater than market rates this year, thus flinging the gauntlet Chevrolet and Ford executives whose brands surpassed Toyota brand in U.S. sales last year. Continue reading →

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Chrysler Group Reports January U.S. Sales Up 23%

Posted on 1 February 2011 by Ken Zino

Chrysler Group LLC today reported U.S. sales of 70,118, a 23% increase compared with sales in January 2010 (57,143 units), and ahead of the overall U.S. market growth of 17%.

Chrysler’s heavy reliance on truck and minivan sales – roughly 75% of total – was a factor as overall truck sales in the U.S. increased 29% in January. Continue reading →

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Ford Motor January U.S. sales up 13%

Posted on 1 February 2011 by Ken Zino

Ford Motor Company reported January sales were 127,317, up 13% from 2009, as the killing of the Mercury brand and a 27% decline in sales to daily rental companies hurt results. Continue reading →

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General Motors January Sales Rise 23%

Posted on 1 February 2011 by Ken Zino

General Motors dealers reported 178,896 total sales in the United States during January, a 23% increase from a year ago for the company’s four brands. Retail sales were 36% higher than January 2009. Continue reading →

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Chrysler Group Posts $652 Million Loss in 2010

Posted on 31 January 2011 by Ken Zino

Chrysler Group LLC today said that it had a total year net loss in 2010 of $652 million, and a net loss of loss of $199 million in Q4 2010, compared to a net loss of $84M in Q3 2010. Debt increased by $0.4 billion in 2010 to $5.8 billion from 2009 as the revision of 16 models increased costs and deceased revenue during their launch. Cash as of 31 December 2010 was $7.3 billion compared to $8.3 billion on 30 September 2010. Continue reading →

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Renault-Nissan Alliance Posts Record 2010 Sales of 7.3 million

Posted on 28 January 2011 by Ken Zino

The Renault-Nissan “Alliance” had a record year with 7,276,398 units sold in 2010, a 19.6% increase over 2009 in a market that grew by 11.8%, Renault today said in a release.

This means that Renault-Nissan Alliance captured 10.3% of the global market in 2010, if you use Renault’s estimate of 70,476,213 vehicles sold during the calendar year. Continue reading →

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Car Buyers Avoiding Toyota, Edmunds Claims

Posted on 25 January 2011 by Ken Zino

Car buyers are avoiding shopping for Toyota brands, according to data provided by Edmunds.com, an online web site covering the automobile business that sells advertising to virtually all automakers. The privately-held Edmunds declined to provide any information to AutoInformed about … Continue reading →

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Toyota Number One in 2010 Sales, Beating General Motors

Posted on 24 January 2011 by Ken Zino

In the closely fought global car wars, Toyota Motor Corporation just barely maintained its Number One position in 2010, beating a resurgent General Motors Company, according to sales numbers released today.

Toyota’s worldwide sales in calendar year 2010 tallied 8,418,000, an increase of 8% compared to 2009. General Motors reported that it delivered 8,389,769 vehicles globally, a 12.2% increase from 2009 deliveries of 7,477,178. The third place automaker, Volkswagen group had reported earlier 2010 sales of 7.14 million, a 13.5% improvement from 2009. Continue reading →

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January New Vehicle Sales up 23% from 2010. Slow Recovery?

Posted on 21 January 2011 by Ken Zino

January new-vehicle retail sales are forecast to come in at 632,100 units, which means a seasonally adjusted annualized rate (SAAR) of 10.0 million units, nearly 2 million units higher than January 2010. Continue reading →

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EU Auto Sales Slump Continues in 2010 for Third Straight Year

Posted on 17 January 2011 by Ken Zino

The European passenger car market shrank for the third straight year in 2010, with registrations declining by 5.5%, from 2009, according to the latest data just released from ACEA, the automakers’ trade group in the EU. Continue reading →

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Ford China Sets Sales Record 2010. Still Lags General Motors

Posted on 7 January 2011 by Ken Zino

Ford Motor Company has posted a record year in China, selling 582,467 units in 2010, a 40% increase compared to 2009. Nonetheless the Number Two U.S. automaker still lags far behind cross town rival Genera Motors, which sold a record 2,351,610 units in 2010 in China. GM has been the Number One automaker in China since 2005 when GM surpassed the Volkswagen group.

Ford had a late start gaining access to the auto market in China, the result of a Chinese government decision that chose a Buick sedan from GM over a Ford Taurus as the vehicle that would enter production at a joint venture in Shanghai. Since 1999, Chinese versions of the Buick Century and Regal sedan have established Buick as one of the top brands in China. Continue reading →

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