Category Archives: sales

August Vehicle Sales to Drop as Prices Hit Record High

Reporting the same numbers without controlling for the number of selling days translates to a decrease of -16.8% from a year ago. While the decline vs. August 2019 is substantial and reflects the ongoing do nothing about COVID-19 attitude of the hapless Trump reign, August 2020 contains two fewer selling days than August 2019. It also has no help from promotions during the Labor Day weekend, which is after the August sales close. Continue reading

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Electric Vehicles Set Record 18% EU Market Share in July

The global pandemic’s negative effect on the economy has not influenced consumer’s interest in electrified vehicles. July 2020 was a record-breaking month for EV registrations with volume up 131% year on year to 230,700. Though still small in relative terms, this is the first time that EVs were bought by more than 200,00 consumers in a single month. Continue reading

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Porsche Global Sales Drop -12% at 116,964 Through June

China remains the sports car manufacturer’s largest single market in terms of volume. In addition, Korea and Japan were strong markets in the region with sales of 4,242 and 3,675 units respectively, each showing double-digit growth rates over the prior year. 32,312 cars were supplied to European customers. In the US, Porsche supplied 24,186 cars between January and June – a -20% drop – under the fumbling Trump administration’s failure to address the COVID crisis. Continue reading

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GM Reports Q2 US Sales at -34% Year-over-Year

“While the industry experienced significant declines due to the outbreak of COVID-19, full-size pickup truck sales performed exceptionally well, and overall sales showed signs of recovery, especially deliveries to retail customers,” GM claimed. Continue reading

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Global Vehicle Sales Improve but COVID Wave 2 Lurks

This now looks like a long shot to AutoInformed with the US leading the way in spreading new infections and fatalities from the maskless and clueless Trump misadministration.  In the US, a repetition of the ‘cash for clunkers’ scheme could potentially lift sales, “but this has yet to be fully debated or agreed,” says LMC. Continue reading

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US June Retail Sales Down -6% from Pre-Virus Forecast

The sales came at a high price, though, Record levels of manufacturer incentives for the month of June are supporting the recovery. Incentive spending should reach $4,411 in June, the highest ever for the month and an increase of $445 from June 2019. Incentives on cars are expected to be up $459 to $4,031, with trucks/SUVs up $407 to $4,524. Continue reading

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March EU Commercial Vehicle Registrations -47.3%

Every vehicle segment was deeply affected by the fallout of the COVID-19 outbreak. All 27 EU markets recorded substantial declines last month. The strongest drops were posted by Italy (-66.1%), Spain (-64.4%) and France (-63.1%). Continue reading

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Ford Mustang Touts World’s Best-Selling Sports Car Tag

Mustang sold 102,090 units, according to the most recent new vehicle registration data from IHS Markit, making it the best-selling sports car in the world in 2019. During this period, Mustang sales in Germany increased 33%, in Poland sales rose by nearly 50%, and in France, they nearly doubled from laughably small bases. Continue reading

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COVID Innovations – Barrett-Jackson Online Only Auction

Online Only will include a collector car auction with a 1969 Ford Mustang Boss 429 (preview) in Candy Apple Red that was one of the first 150 examples built, as well as a custom 1963 Chevrolet Corvette Split-Window Coupe (preview) built by Jeff Hayes Customs and powered by a GM LS3 540hp with a Hot Cam engine. Continue reading

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2020 Commercial Vehicle Production Forecast down -22%

Global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 are forecast to be down -22% or more than 650,000 units to 2.6 million units because of the COVID-19 pandemic, according to the most recent analysis from IHS Markit (NYSE: INFO). Continue reading

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Challenging Start in Q1 as Porsche Delivers ~53,000 Vehicles

During the first three months of 2020, Porsche sold 53,125 vehicles to customers worldwide. Compared to the year before, deliveries were down by 5% due to the effects of the coronavirus pandemic. Continue reading

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EU Passenger Car Sales: -25.6% Q1 2020; -55.1% in March

With containment / lock-down measures taking hold in most markets from around the middle of the month, the vast majority of European dealerships were closed during the second half of March. Consequently, demand across the region fell by more than half last month, dropping from 1,264,569 units registered in March 2019 to 567,308 units. Continue reading

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Corona Crisis – March UK New Car Registrations Fall -44.4% 

The performance represented a steeper fall than during the 2009 financial crisis and the worst March since the late nineties when the market changed to the bi-annual plate change system. With lock-downs taking place in many European countries earlier than the UK, even more dramatic falls have been reported elsewhere, with Italy down -85%, France -72% and Spain down -69% in March. Continue reading

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Volkswagen of America’s Q1 Sales Drop -13%. March Off -42%

In fact, SUV share of sales -Atlas and Tiguan – in Q1 2020 were 50% of the 75,075 deliveries reported. Continue reading

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FCA US Reports Q1 Sales Drop -10%

FCA US reported a 10% decline in its first-quarter sales as the positive momentum in January and February was more than offset by the country’s unpreparedness for the ongoing  coronavirus that is still running rampant. For the quarter, U.S. sales were 446,768 vehicles compared with 498,425 for the same period a year earlier. Retail sales were 306,898 vehicles for the quarter. Fleet accounted for 31% of total sales. Continue reading

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