Tag Archives: november sales

November Sales – Trucks and Crossovers Way Up, Cars Down

The seasonally adjusted annual rate (SAAR) in November was a breathtaking 18.19 million units compared to 17.13 million units a year ago. Continue reading

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Holiday Shoppers Boost November U.S. Auto Sales

The upshot was a SAAR or seasonally adjusted annualized selling rate of more than 16 million – back to the levels before the Bush Great Recession years took hold starting in 2008. Continue reading

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U.S. Auto Sales to Continue Upward in Latest November Forecast

November U.S. auto sales for new retail vehicles are now predicted at 931,900 cars and light trucks, a 14% bump up year-over-year, which would mean a seasonally adjusted annualized rate or SAAR of 12.9 million units. If accurate, November would see the highest retail rate for the auto industry since January 2008, before the corrupt practices of Wall Street collapsed the global economy and caused the Great Recession alter that year. Retail transactions are said to be the most accurate measurement of true underlying consumer demand for new vehicles. Continue reading

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European Auto Sales Drop Continues Unchecked in November

Counter intuitively the Eurozone crisis is producing calls for austerity, instead stimulus plans that would increase tax revenues and employment from all industries, including auto manufacturing and sales. The automobile industry in Europe provides employment for more than 2.3 million workers and supports another 10 million jobs in related industries. Annually, automakers invest more than €30 billion in R&D, which makes it the largest private investor in R&D in Europe. Europe’s increasing instability poses risks for European, as well as the global economy. It could even affect the outcome of the U.S. presidential election next year. Continue reading

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Ford Motor November U.S. Sales Up 13%

Overall, ytd Ford Motor has sold 1,938,666 vehicles, more than 500,000 vehicles ahead of Toyota Motor Sales. Continue reading

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GM U.S. Sales Up 7% in November – SAAR Booming

Increased sales of pickup trucks and full size vans dominated GM’s results. GM deliveries y-o-y showed a 34% increase in Chevrolet Silverado pickuo truck sales (34,251) and a 22% increase in GMC Sierra pickup sales at 11,971 Continue reading

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