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Tag Archives: auto sales
June New Vehicle Sales to Improve Slightly from a Weak May
Nonetheless, Power has reduced its 2011 retail sales forecast to a meager 10.5 million units from 10.6 million units. The forecast for total sales has been revised to 12.9 million units from 13 million units. Continue reading
Posted in auto news, results, sales
Tagged auto informed, auto news, auto sales, autoinformed, autoinformed.com, automotive news, june 2011 sales, june auto sales, Ken Zino, results, sales
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Volkswagen – Stalking Toyota – Sets Record for Car Sales
Volkswagen wants to be the world’s largest automaker by 2018, which would require it to overtake Toyota and General Motors, the number one and number two global sales leaders respectively in 2010. VW brand deliveries in North America, 194,600 vehicles (162,600; +19.7%) in the first five months, were characterized as “very encouraging.”
Nonetheless VW remains a minor player in what remains a major global market. As part of the world dominance plan, Volkswagen Group said it will sell 800,000 VW models annually in the United States by 2018 – 1,000,000 with Bentley and Audi included. In the U.S., all VW Group brands delivered 360,300 units during 2010, corresponding to growth of 20.9% – a long way short of the goal. Continue reading
Washington Dithers as Unemployment Increases Again
There aren’t enough jobs to reemploy U.S. citizens who want to go back to work, let alone absorb new graduates as tax payers into the economy. The real rate of unemployment is much higher – some critics have at more than 18%. Continue reading
AutoNation May Sales Down 15% Due to Japanese Shortages
AutoNation, Inc. today announced that its retail new vehicle unit sales in May 2011 totaled 16,347, a decrease of 15% as compared to May 2010. Toward the end of May, AutoNation delivered its eight millionth vehicle, an automotive retail industry first, at the grand opening of Honda of Dulles. Continue reading
Posted in auto news, new vehicle, results, sales
Tagged auto informed, auto news, auto sales, autoinformed, autoinformed.com, automotive news, autonation, honda fit, honda of dulles, Ken Zino, may sales
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Consumer Confidence Declines as Economic Woes Continue
The Conference Board Consumer Confidence Index decreased in May and now stands at 60.8 (1985=100), down from 66.0 in April. The bad news follows last week’s U.S. unemployment report that says that first time jobless claims soared to 425,000, which means that there is virtually no hiring occurring in the economy as unemployment officially hovers at 9%. The real rate of unemployment is much higher. The latest survey does not bode well for the U.S. auto industry, which is expected to report steep May sales declines tomorrow. Continue reading
Volkswagen Group Sales Rise 13.9% Through April
VW is now growing faster than the overall global auto market, which increased 8% during the same period. If the sales trend holds VW will surpass Toyota in global sales this year as Japan’s largest automaker continues to struggle with production disruptions caused by the Japan earthquake. Continue reading
March New Vehicle Retail Sales Running at 10.9 Million SAAR
March new-vehicle sales are showing stability through the first three weeks of the month, continuing a trend of monthly double-digit year-over-year increases, according to the latest data.
New vehicle retail sales are projected to come in at 991,900 units, which represent a seasonally adjusted annualized rate (SAAR) of 10.9 million units, according to J.D. Power and Associates, which gathers transaction data from more than 8,900 franchise dealers throughout the United States. Continue reading
General Motors, Toyota Post Huge February Sales Gains as SAAR Soars to 13.4 Million. Ford and Chrysler Losing Ground?
U.S. vehicle sales in February jumped to a surprising 13.4 million units on a seasonally adjusted annual rate (SAAR) as easier credit, liberal incentives and rising truck sales boosted the market. The clear winners were a resurgent General Motors and … Continue reading
Posted in auto news
Tagged auto informed, auto news, auto sales, autoinformed, autoinformed.com, automotive news, BMW, Ford, GM, Ken Zino, lexus, mercedes, results, toyota, us sales results. february results, zino
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New Toyota Ads Debut on Monday Touting “Why It’s the Best-Selling Brand in America.” Sales Slowly Coming Back?
“#1 for a Reason.” includes rebates and 0% financing for 60 months across most of Toyota’s core vehicles. Continue reading
Posted in auto news, economy, marketing, news analysis, results, sales
Tagged #1 for a reason, auto informed, auto news, auto sales, autoinformed, autoinformed.com, automotive news, january sales, Ken Zino, lexus results, results, scion results, toyota, toyota ads, toyota sales results, us auto sales, zino
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Global Vehicle Sales to Top 72 Million in 2011 in Latest Forecast
The sale of new cars and light trucks in 2011 are projected to reach 76.5 million units, which would surpass the record of 72 million light vehicles sold 2010, according to J.D. Power and Associates Automotive Forecasting. If accurate, this … Continue reading
Early February U.S. Vehicle Sales Up by 17% from 2010. Significant Market Warming or Just a So What?
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
Toyota Reports January Sales up 17%, as it Flings Incentive Gauntlet at Other Automakers with Cash and 0% Interest
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
Posted in auto news, economy, marketing, new vehicle, results, sales
Tagged auto news, auto sales, autoinformed, autoinformed.com, automotive news, january sales, Ken Zino, results, sales results, us auto sales, zino
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Ford Motor January U.S. sales up 13%
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
General Motors January Sales Rise 23%
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
January New Vehicle Sales up 23% from 2010. Slow Recovery?
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
