-
Recent Posts
- Wadda You Say? Personalized Sound at Nissan, Infiniti
- Bye Sauber – Hi Audi Revolut F1 Team
- Pre-Owned Vehicle Marketing – Stellantis, Cox Automotive
- Chinese Junk Watch Death Risk – Luyuan Youth ATVs
- ICE Vehicle Mobile Apps – Wide Satisfaction Differences
- Sports Betting Tax Revenues Soaring
- IndyCar Cheating – New Independent Officiating for 2026 Series
- Ford Expands Mustang Cup USA Series in 2026
- GM Canada Leadership Change – Jack Uppal new President
- Toyota Enhances Arizona Proving Ground
- Happy Nightmare! Holiday Travel to Set New Record
- First Look – $34,995 Subaru Uncharted EV
- Stellantis and Bolt Partner on Driverless Mobility
- Detroit Auto Show – Official U.S. Route 66 Centennial Project
- Genesis Recall for Sudden Unintended Braking
Recent Comments
- Magna on its Share Repurchase Plan in reference to on Magna Posts Solid Q3 2025 Earnings Gain
- Daniel Ricciardo Global Ford Racing Ambassador on Ford Performance Rebranded as Ford Racing
- Gen 3 2026 Nissan Leaf Less than $30,000? | AutoInformed on Milestones – Nissan Begins Assembly of 2013 LEAF EV in Tennessee
- ACSI – Customer Satisfaction with Autos Dropping | AutoInformed on New DOGE Scorecard Announced to Track Trump
- Cadillac Off-Roader – Elevated Velocity | AutoInformed on Annals of Marketing – Cadillac Opulent Velocity Concept EV
Archives
Meta
Tag Archives: lmc automotive
Global Light Vehicle Sales Improved in January 2022
Nonetheless, LMC noted that supply chain issues remain the “key headwind for demand, though last month also saw the rapid spread of Omicron deal a blow to some potential market activity. Reports of an improving supply environment in some markets, including China, means the worst of the crisis is likely over, it remains the key headwind to sales during 2022, overshadowing concerns over inflation and a more subdued economic outlook.” Continue reading
January 2022 US Sales Off 9%. Chips, Supply Chain Issues Bite
Even with an average $45,000 transaction price squeezing people, retail demand remained the driving force of the market because the wealthy fared very well during the Covid crisis. The Biden Administration’s economic recovery, in AutoInformed’s view, also played a huge roll with its surging job creation and forward thinking Build Back Better strategy universally opposed by the Republicans who are largely responsible for the covid disaster that destroyed the US economy. Continue reading
Posted in economy, news analysis, sales
Tagged auto industry commentary, autoinformed.com, January 2022 US sales, Ken Zino, lmc automotive
Leave a comment
First Place! Toyota Ousts GM as US Sales End 2021 at 14.9m
Overall, US Light Vehicle sales in December fall by 27% YoY, ending a chaotic 2021 at 14.9 million units. LMC noted that even December – traditionally one of the strongest months of the year – flopped and registered the steepest YoY decline of the calendar. AutoInformed notes the rate of change in the Covid infected world is increasingly making traditional long-term based indexes – such as calendar years irrelevant, or even downright harmful indicators for policy makers, businesses and anyone who uses them for planning. Continue reading
Posted in economy, news analysis, sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, lmc automotive
2 Comments
Washington Diddles. India Puts Billions into Securing EV Jobs
This is not an isolated occurrence. Electric vehicles, the so-called hydrogen economy and connected cars are the future of the planet and high paying employment. Virtually all major industrial nations are promoting policies and incentives to become major forces where no automaker dares to go alone. Except the dis-United States it seems. Even Senator Manchin’s next Maserati that he drives to his yacht will likely be an EV. Built where? The question facing Washington politicians of his ilk is simple: Do you care about the people in your district? Continue reading
December US Auto Sales Forecast – Lower Volume with Record Prices, Profits
Consumers are projected to spend $50.6 billion on new vehicles this month, the second highest on record for the month of December and the fifth-highest amount for any month on record during the ongoing Biden Administration recovery. Continue reading
Back to the Future? November Global Sales Rate 80M
However, the disruptions in supply chains are much deeper, with the pandemic returning in force with no end in sight. As the supply crisis continues in Europe and the Americas, the resulting scarce inventories are accompanied by higher prices, which eventually will be another problem hindering sales. Looming near term is a potential trade war with Canada, over proposed US incentives for union-made EVs. In parts of Asia, LMC claims that there are “some signs the worst of the crisis over, though demand will continue to be disrupted well into 2022.” Continue reading
US October Light Vehicle Sales Drop -23% YoY
Overall vehicle sales were, however, 5% higher than September with the 2 extra selling days in October. The annualized rate grew to 13.1 million units from 12.1 million in the previous month and back to the level registered in August. “However, OEMs sold just 39,000 vehicles per selling day, compared to 40,000 units last month, way down from a peak of 62,000 vehicles in March,” said LMC. Continue reading
September West EU Car Sales in Severe Supply Slump
“The latest monthly results are clear evidence of the major sourcing issues that are haunting global vehicle production currently, with dealerships unable to meet consumer demand. Adding to market headwinds, those vehicles that are available are generally higher priced, as OEMs look to target the production of higher margin products,” said LMC. Continue reading
September US Auto Sales at 2021 Low Point
Automakers sold just under 1 million during September, down by -25% YoY. The annualized rate fell to 12 million units, the same level registered in May 2020 and 1 million units under the August Seasonally Adjusted Annualized Rate, aka SAAR. During Q3 light vehicle sales totaled 3.36 million units, down by -14% YoY and the lowest Q3 since 2011 as volumes plunged -22% from the pre-pandemic level in Q3 2019. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, lmc automotive, Q3 US light vehicle sales
Leave a comment
US September Auto Sales Projected Down -25%
“The mismatch between strong consumer demand and constrained inventory is leading to higher vehicle prices. In September 2021, average transaction prices are expected reach an all-time high of $42,802, the fourth consecutive month over $40,000,” said Thomas King, president of the data and analytics division at J.D. Power. This begs the question, AutoInformed opines, are automakers about to face another revenue threatening affordability crisis? Continue reading
August Global Light Vehicle Sales Weaken Again
The US Light Vehicle market continued to be hurt by low inventories during July. Sales grew by only 3.2% YoY, to 1.28 mn units. This is a slight advance compared to July 2020’s pandemic-affected result. The selling rate declined more to 14.6 mn units/year, from 15.4 mn units/year in June. This is the lowest rate since June 2020. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, July Global Sales, Ken Zino, lmc automotive
Leave a comment
Chinese Covid Recovery Policies is Zero-Sum Game for Automakers Overall. Luxury, Compact Segments Benefit Most?
As with most statistics though, the devil is hiding in the details. Consultancy LMC Automotive says there is an enduring imbalance in the economy’s internal structure: the performance of the Purchasing Managers’ Index (PMI) among medium and large enterprises is significantly better than that among smaller enterprises. Continue reading
July Global Sales Days Dogged by Delta, Semiconductors
“The semiconductor shortage held back the post-lockdown recovery of vehicle sales in Europe, while its impact on inventories in the US meant average transaction prices soared. Meanwhile, rising Delta variant cases threaten to worsen the outlook in parts of Asia.” Continue reading
US Vehicle Sales Weakest Since 2011 – Drop 12% in February
The annualized selling rate, aka SAAR, of 14.0 million units declined in both the monthly and annual comparisons. However, the February SAAR was still 1 million higher than the average rate during the second half of 2021. With the same number of selling days as in January, February’s daily average grew by ~2,000 units/day, to 43,600 units/day – it has floated above the 40,000-unit threshold since November 2021 after President Biden was elected and a recovery from the economic reverses and job losses from the Trump Administration began. Continue reading →