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Tag Archives: results
June U.S. Auto Sales to Increase by 15% to 11.9 m SAAR
June new-vehicle retail sales in the U.S. are projected to come in at 994,800 units, which represent a seasonally adjusted annualized rate or SAAR of 11.9 million units. Volume is expected to increase 15%, compared with June 2011, after adjusting for one additional selling day this month. While still far below the level of sales pre-Great Recession, total light-vehicle sales are forecasted at 14.5 million units with retail sales at 11.6 million units. Continue reading
Posted in auto news, economy, marketing, results, sales
Tagged auto informed, autoinformed.com, automotive news, j.d power, june sales, Ken Zino, results, sales, u.s. auto sales
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EU Car Sales Down 8.7% in May. Eight Straight Months of Drops
New passenger car sales in the EU declined 8.7% in May to 1,106,845. It was the eighth consecutive month of sales declines, according to ACEA, the automakers association. Five months into the year, new registrations amounted to 5,442,326 units or 7.7% less than in the same period last year as the EU is headed for its fifth straight year of car sales declines with unemployment at depression levels. Continue reading
Posted in auto news, economy, results, sales
Tagged acea, auto informed, autoinformed.com, automotive news, eu sales, Ken Zino, marchionne, may sales, results
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GM May China Sales Set Record. Ford China Sales Also Up
General Motors and its joint ventures sold a May record 231,183 vehicles in China. Demand was up for the market leader 21.3% from the same month in 2011 and 1.7% from April of this year. At Ford China, increased sales of passenger cars offset a slump in light commercial vehicles during May, which led to an 8% increase year-over-year at 48,608, vehicles. Volkswagen Group the number two seller in China by far has not reported May sales yet. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, autoinformed.com, automotive news, china, china results, ford china, gm china, Ken Zino, results
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Mercedes-Benz Posts Global Sales Record in May
Mercedes-Benz in May 2012 delivered 113,136 vehicles, + 4% compared to the record figure for 2011. Year-to-date 531,382 units or +8.4% have been delivered globally, the earliest in a year the 500,000 threshold has been crossed. Continue reading
Posted in auto news, results, sales
Tagged auto informed, autoinformed.com, automotive news, Ken Zino, may sales, mercedes-benz, results
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Japanese Big 3 – Toyota, Honda, Nissan – Sales Up in May
Toyota Motor came close to displacing Ford Motor from its assumed Number 2 spot in the U.S. by posting monthly sales of 202,973 – within a rounding error of Ford’s 215,699 and firmly putting Toyota in the Number 3 sales spot for the year-to-date. The other Japanese powerhouse members were also back in shape. American Honda posted sales of 134,000 (576,000 ytd) easily ahead of the Nissan at 92,000 (485,000 ytd). With a new Accord and Altima due this fall, the family car market is about to becomes more competitive than it has been in years, which is good for buyers but might leave weaker and older entries as road kill. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, autoinformed.com, automotive news, BMW, CX-5, honda, hyundai, Ken Zino, kia, lexus gs, may sales, mazda, mercedes-benz, nissan, results, Skyactiv, toyota, volkswagen
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Chrysler, Ford and GM Post Best U.S. May Sales in Years. But…
Chrysler, Ford and GM posted the best May sales in years today as the U.S. auto market continued its slow recovery to what looks to be shaping up as a 14 million unit year – the best since the collapse of the economy under the waning years of the Bush Administration. In terms of numbers, GM once again led with sales of 245,000 light cars and trucks – it’s highest in 33 months, followed by Ford Motor (209,000) and Chrysler Group (150,000). The market appears to be slipping away from Ford and General Motors, though. Only Chrysler Group at 689,000 year-to-date for a 33% increase outraced industry growth of 13%. Ford Motor up 6.5% (933,000) and GM up a mere 2% at 1,067,000 badly lagged the auto sale expansion. Continue reading
Posted in auto news, news analysis, results, sales
Tagged auto informed, autoinformed.com, automotive news, chrysler sales, ford sales, gm sales, Ken Zino, may sales, results, u.s. sales
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Ford Stays Number Two in May Sales Ahead of Toyota by 6,000
Whether Ford can retain the Number Two spot as it converts plants to build the new 2013 Fusion and Escape as well as the Lincoln MKZ remains to be seen. Ford is capacity restrained and during May it could have sold more of ‘high demand” vehicles such as the Ford Fusion. Continue reading
Posted in auto news, news analysis, results, sales
Tagged auto informed, autoinformed.com, automotive news, ford results, Ken Zino, may sales, results, Toyota results
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April Japanese Automaking Surges with $13 Billion in Exports
The strong recovery is bad news for the Detroit Three since many of the vehicles will be shipped to North America, by far the largest export market for Japanese automakers. More than 157,000 vehicles were shipped to North America, with 140,000 of those sent the United States, where the new vehicle market is slowly growing once again. Continue reading
EU Commercial Vehicle Sales Drop 12% in April
Unlike the car market in Europe, which is in its fifth straight year of declining sales year-over-year, the commercial vehicle market was posting small gains until about a year ago. The declines since then are an ominous sign that EU economic problems are deepening as voters are turning out existing governments and demanding economic stimulus packages from new or surviving ruling elites. Expanding debt ridden national economies has thus far have been resisted mostly by the German government, which has a relatively stronger economy keeping it in power for the moment. Continue reading
Posted in auto news, economy, news, news analysis, results, sales
Tagged acea, auto informed, autoinformed.com, automotive news, eu, eu commercial vehicle sales, eu sales, Ken Zino, results
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Ford Europe Sales Down 10% in April. UK and Eastern EU Up
Like other automakers, Ford is struggling with the contractionist policies of governments in Germany and Brussels, as voter unrest grows with the Depression level economic conditions. Both in April and year-to-date light vehicle sales in the EU are off almost 8%, the fifth straight year of declines. Continue reading
Posted in auto news, economy, news analysis, results, sales
Tagged april sales, auto informed, autoinformed.com, automotive news, eu, eu sales, european union, ford Europe, Ken Zino, results
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Nissan Posts Operating Profit of ¥45.8 Billion For F.Y. 2011
The Nissan results with a net of $4.32 billion was in sharp contrast to Toyota Motor Corporation’s F.Y. net profit decline to ¥283.56 billion or $3.6 billion, a -31% decrease. Nissan also out performed Honda Motor whose net profit declined slightly at ¥211.4 ($2.627 billion) for a -3.5% drop. Continue reading
Volkswagen Group April Sales at 732,000 are Up 6%
The Volkswagen Group in Wolfsburg today said sales increased for the month of April to 732,000 vehicles. Compared to April 2011 at 690,800, this represented a 6% gain. Year-to-date VW Group sold 2.89 million vehicles for an increase of 8.6% percent (January-April 2011: 2.66 m). Europe’s largest automaker and the Number Two Global automaker behind General Motors outperformed the overall market, which grew by 6% during the year.
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Posted in auto news, results, sales
Tagged april results, audi, auto informed, autoinformed.com, automotive news, Ken Zino, results, seat, skoda, volkswagen, vw group
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Toyota Motor 2012 Results Down 31% to $3.6 Billion Profit
Toyota Motor posted results for Fiscal Year 2012 ending 31 March that saw its net profit decline to ¥283.56 billion or $3.6 billion. A strong recovery in sales and earnings in the second half of the fiscal year was not enough to offset a poor first half, which was hurt by natural disasters in Japan and Thailand, which disrupted production. Continue reading
Posted in auto news, financial results, results
Tagged auto informed, autoinformed.com, automotive news, fy 2012 results, Ken Zino, results, tms, Toyota results
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GM Makes $1 Billion in Q1. Down from $3.2 Billion in 2011
GM stock has been trading $22-$23 range, well down from the $33 level of GM’s 2010 initial public offering, to say nothing of what is happening to small investors who subsequently bid the stock – which pays no dividend – up to $39 before reality took hold. Continue reading
Offshore Brands Down Slightly in U.S. Market Share in April
Auto brands from offshore automakers held a 55.3% of the U.S. auto market in April, a slight decrease from a 56.3% in March. In raw numbers this accounted for 654,086 units, compared with 791,169 in March.
This is hardly a ‘Buy American’ trend though, because in the first four months of 2011, foreign-owned brands averaged a strong 55.6% share of the U.S. auto market. Simply put the Detroit Three in spite of the demonstrably best most fuel efficient car offerings in history haven’t laid a glove on the invaders. Continue reading
