Tag Archives: JATO Dynamics

April US Light Vehicle Sales up 10%

Posted on 3 May 2023 by Ken Zino

Average transaction prices are high by historical standards and continued to be up (by 3.6%) YoY in March. However, prices have declined month-on-month (MoM) in each month of 2023, and this trend is expected to have continued in April, with incentives also beginning to creep up. In March, incentives were up by 56.2% YoY, from an extremely low base. Continue reading →

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March Global Light Vehicles Sales Up 12%

Posted on 14 April 2023 by Ken Zino

The month-on-month (MoM) improvement in the SAAR is largely attributed to the rebounding of the China market as customers took advantage of expiring tax incentives before April, in LMC’s view. Relatedly, both the North American market and the Western Europe markets saw YoY improvements when compared against a very weak 2022. Eastern Europe showed the first positive YoY growth in March since the beginning of the Ukraine conflict in February 2022, LMC noted. Continue reading →

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November Global Light Vehicle Selling Rate Lessens

Posted on 13 December 2022 by Ken Zino

In crude registration terms, November rose 3.2% YoY (year-on-year) to 7 million units. The year-to-date (YTD) figure now stands at under 1% below the corresponding period in 2021, though this is a weak base for comparison., LMC noted. China’s market decelerated sharply in November. In YoY terms, sales fell by 7% in November, ending five straight months of strong rebound. North America and Europe are still struggling YTD as supply-side factors continue to hamper sales. Continue reading →

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October Global Light Vehicle Sales at 7.1M Units

Posted on 14 November 2022 by Ken Zino

Year-to-date (YTD) sales are off ~1% compared to the weak covid-afflicted base of the 2021 plague. “Despite China experiencing a third consecutive month of slowing selling rates, YTD sales were up 8%.   However, North America and Europe continue to struggle YTD as supply constraints hamper performances ahead of worsening macroeconomic conditions,” LMC observed. Continue reading →

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Global Light Vehicle Sales Fall in September

Posted on 14 October 2022 by Ken Zino

However, LMC noted that notwithstanding a reduced global selling tempo, China’s market remained “robust with year-to-date growth of 8.0%. North America and Europe, however, both experienced a sharp decline in their selling rates as supply issues continued to affect these markets.” Continue reading →

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Whither the Global Light Vehicle Market?

Posted on 5 October 2022 by Ken Zino

“Across much of the world, supply bottlenecks remain the key reason for holding back better sales results. However, as Europe and North America head into the winter months, economic prospects look increasingly dismal in the face of stubbornly high inflation, and underlying demand for new vehicles is inevitably being eroded,” according to respected consultancy LMC Automotive this morning. Continue reading →

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Tesla Model 3 – Europe’s Second Best-Selling Car in June 21. Low Emission Cars at Record Share. Makers Lagging Buyers

Posted on 29 July 2021 by Ken Zino

Notably, low emissions cars (BEV and PHEV) continued to perform well, recording a new record total market share of 18.5% – up from 8.2% in June 2020. Registrations of BEVs totaled 126,000 units during the month, ahead of the 104,000 registered PHEV units. Yes that’s right pure EVs out sold hybrids, which were at the center automakers plans to fight emissions and global warming. Fiat, Tesla, Skoda, Volkswagen and Ford gained the largest market share in the BEV market while Cupra, Jeep, Volkswagen, Renault and Seat posted the highest market share gains in the PHEV market. Continue reading →

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Botched Vaccinations Haunt EU Vehicle Sales During May

Posted on 28 June 2021 by Ken Zino

Volkswagen Group took its second highest monthly market share since 2001. The German manufacturer’s share totaled 28.14% during May, second only to April 2020 when had  29.23% as competitive sales were hit to a greater degree by the onset of the pandemic in Europe. The results in May were due to strong performance from brands such as Audi, Skoda, Seat, and Cupra, formerly known as SEAT Sport. Total sales were boosted by increasing consumer demand for EVs and SUVs – with Volkswagen Group now leading in Europe across both segments. Continue reading →

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Electric Vehicles Set Record 18% EU Market Share in July

Posted on 27 August 2020 by Ken Zino

The global pandemic’s negative effect on the economy has not influenced consumer’s interest in electrified vehicles. July 2020 was a record-breaking month for EV registrations with volume up 131% year on year to 230,700. Though still small in relative terms, this is the first time that EVs were bought by more than 200,00 consumers in a single month. Continue reading →

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