Tag Archives: results

Ford Reports 2010 Full Year Net Income of $6.6 Billion

Posted on 28 January 2011 by Ken Zino

Ford Motor Company (NYSE: F) today reported 2010 full year net income of $6.6 billion, or $1.66 per share, an increase of $3.8 billion, or 80 cents per share, from 2009. Continue reading →

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Car Buyers Avoiding Toyota, Edmunds Claims

Posted on 25 January 2011 by Ken Zino

Car buyers are avoiding shopping for Toyota brands, according to data provided by Edmunds.com, an online web site covering the automobile business that sells advertising to virtually all automakers. The privately-held Edmunds declined to provide any information to AutoInformed about … Continue reading →

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Toyota Number One in 2010 Sales, Beating General Motors

Posted on 24 January 2011 by Ken Zino

In the closely fought global car wars, Toyota Motor Corporation just barely maintained its Number One position in 2010, beating a resurgent General Motors Company, according to sales numbers released today.

Toyota’s worldwide sales in calendar year 2010 tallied 8,418,000, an increase of 8% compared to 2009. General Motors reported that it delivered 8,389,769 vehicles globally, a 12.2% increase from 2009 deliveries of 7,477,178. The third place automaker, Volkswagen group had reported earlier 2010 sales of 7.14 million, a 13.5% improvement from 2009. Continue reading →

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January New Vehicle Sales up 23% from 2010. Slow Recovery?

Posted on 21 January 2011 by Ken Zino

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 →

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EU Auto Sales Slump Continues in 2010 for Third Straight Year

Posted on 17 January 2011 by Ken Zino

The European passenger car market shrank for the third straight year in 2010, with registrations declining by 5.5%, from 2009, according to the latest data just released from ACEA, the automakers’ trade group in the EU. Continue reading →

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Ford China Sets Sales Record 2010. Still Lags General Motors

Posted on 7 January 2011 by Ken Zino

Ford Motor Company has posted a record year in China, selling 582,467 units in 2010, a 40% increase compared to 2009. Nonetheless the Number Two U.S. automaker still lags far behind cross town rival Genera Motors, which sold a record 2,351,610 units in 2010 in China. GM has been the Number One automaker in China since 2005 when GM surpassed the Volkswagen group.

Ford had a late start gaining access to the auto market in China, the result of a Chinese government decision that chose a Buick sedan from GM over a Ford Taurus as the vehicle that would enter production at a joint venture in Shanghai. Since 1999, Chinese versions of the Buick Century and Regal sedan have established Buick as one of the top brands in China. Continue reading →

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Buy American in 2010? Not Really

Posted on 5 January 2011 by Ken Zino

As the U.S. automobile market recovered somewhat in 2010 and increased truck sales particularly helped Ford, General Motors and Chrysler record above average sale gains compared to the industry, there was speculation that “Buy American” was a factor. Now that … Continue reading →

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Chrysler Group 2010 Sales Up 16%. Breaks 1 Million Unit Level

Posted on 4 January 2011 by Ken Zino

Chrysler Group today reported U.S. sales of 1,085,211 units, an increase of 17% in 2010 when compared with 2009 sales at the Fiat controlled automaker. On average light-vehicle retail sales in the U.S. rose 11% during 2010 to 11.6 million units.

Particularly strong were truck sales at Jeep, plus 26% at 291,000, and Ram truck, up 9% at 213,000. On average U.S. light truck sales were up 18% to more than 5.8 million units during 2010. At almost 75% of sales, Chrysler Group remains at heart a truck company, making it vulnerable to rising fuel prices this year. Continue reading →

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Toyota U.S. Sales Troubles Continue as 2010 Sales Results are the Same as a Depressed 2009. Overall the Market Grew 11%

Posted on 4 January 2011 by Ken Zino

Toyota Motor Sales (TMS), U.S.A. today reported annual sales of 1,763,595 vehicles – the same as Toyota posted during 2009 in an auto market that grew at double digit rates for most other major makers, including 19% at Ford Motor … Continue reading →

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Ford Motor Company U.S. Vehicle Sales Up 19% in 2010

Posted on 4 January 2011 by Ken Zino

Ford Motor Company full-year sales in the U.S. totaled 1.935 million, up 19% compared to a year ago, the largest in any year since 1984. Ford claimed it was the largest increase of any full-line manufacturer last year. When Toyota … Continue reading →

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U.S. Sales to Jump to 13 Million in 2011, GM Predicts

Posted on 4 January 2011 by Ken Zino

GM predicts that the total U.S. vehicle market in 2011 will be in the 13-13.5 million range, including medium and heavy duty trucks, up from a projected 11.8 million in 2010. Don Johnson, vice president of U.S. sales operations provided … Continue reading →

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EU Auto Production Still Well Below Pre Crisis Levels

Posted on 23 December 2010 by Ken Zino

New passenger car production in the European Union (EU) grew in the first half of this year before dropping by 5% in the third quarter, as sales slumped, the European Automobile Manufacturers Association (ACEA) said today. The unemployment rate in … Continue reading →

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Toyota Predicts Another Sales Gain in 2011 on Asian Boom

Posted on 21 December 2010 by Ken Zino

Toyota Motor Corp. said in Japan today that it expected strong sales in Asia to cause Toyota’s second straight year of sales growth in 2011, tallying 7.7 million vehicles, up 3% from 2010.

The leading Japanese automaker also said that in 2010 its Asian sales would exceed U.S. sales for the first time. Continue reading →

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Merry Christmas as U.S. December Auto Sales Trend Upward!

Posted on 16 December 2010 by Ken Zino

It could be a wild sleigh ride later this month, but preliminary data show that the U.S. December new-vehicle retail sales trend is significantly higher than two-handed economists predicted, setting the stage for a 2011 comeback for the U.S. auto industry.

December new-vehicle retail sales are expected to come in at 936,300 units, which means seasonally adjusted annualized rate (SAAR) of 10.8 million units, the highest of the year. December retail sales are expected to be up 19 % from one year ago. Continue reading →

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