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Tag Archives: march sales
Offshore Brands Increase U.S. Sales and Share During March
U.S. vehicle sales of 1.45 million cars and light trucks during March made it the strongest month since 2007 as the Federal Reserve continued to print money and credit flowed freely. In spite of an ongoing recovery in pickup truck sales from the Detroit Three with gasoline prices roughly 30 cents per gallon lower than a year ago, offshore brands, led by the Asians increased their market share to 55.3% compared with 53.4% in February and 54.4% in January. This represented sales 803,554 vehicles from offshore nameplates, up from 636,912 in February and 567,313 units in January. Continue reading
Posted in auto news, news analysis, sales
Tagged auto informed, autoinformed.com, automotive news, import share, Ken Zino, march sales
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March U.S. Auto Sales Forecast Up 8%. Six-Year Loans at Record Levels
Part of the reason for increasing sales appears to be the direct result of the U.S Treasury continuing increase in the money supply by running government printing presses non-stop in an attempt to keep the economy expanding. As a result, easy credit has returned to the marketplace. Customers also appear to be ignoring, if not mocking, the dire predictions of crisis, tragedy and collapse by bickering politicians in Washington. Continue reading
Posted in auto news, news analysis, sales
Tagged auto informed, autoinformed.com, automotive news, j.d power, Ken Zino, march sales
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March, Q1 EU Sales Drop Again. Eurozone Crisis Continues
If this trend keeps up, and given contractionist policies of the EU governments, there is no reason to predict any economic stimulus, 2012 might see an even greater drop in auto sales than those incurred during the Great Recession in 2008-2009. Continue reading
Posted in auto news, marketing, news, results, sales
Tagged auto informed, autoinformed.com, automotive news, eu sales, eurozone crisis, Ken Zino, march sales, q1 sales
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March U.S. Auto Sales Tracking 6% Higher than a Year Ago
he 2012 outlook for vehicle sales remains positive, as the first quarter selling rate is expected to come in at 11.6 million units for retail and 14.4 million units for total light vehicles. This sales tempo is ahead of the Power forecast for the full year of 11.4 million units for retail light-vehicles and 14.1 million units for total light vehicles. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, autoinformed.com, automotive news, j.d power, Ken Zino, march sales, results
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Chrysler Group March U.S. Sales Up 31%, Q1 plus 23%
Chrysler Group LLC today reported U.S. sales of 121,730, a 31% increase compared with sales in March 2010 – Chrysler’s best March since 2008, and the highest sales for any month since May 2008.
Both Chrysler Group car and truck sales posted year-over-year sales gains, led by car sales which increased 46%, the best month for car sales since May 2008 before the financial markets collapsed that fall and Chrysler faced bankruptcy. Overall U.S. auto industry sales were up 17% for the month; 20% for the quarter.
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