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Tag Archives: global auto sales
Whether you believe there is a public overreaction or that COVID-19 is actually a public health crisis headed for pandemic status, there is no denying the expected negative impact it will have on the economy and auto industry. Continue reading
Explosive sales in China were the primary factor, though there were solid results in the US and Western Europe. Continue reading
Global light vehicle sales held steady in May with a seasonally adjusted annualized rate of sales of 82.8 million units a year, according to the latest data from LMC Automotive. The consultancy predicts that full-year 2013 sales will be 83.4 million units. Continue reading
Global light vehicles sales stabilized in March with an annualized selling rate of 81.3 million units. China, the United States and Japan continued posting strong, growing results, moving the overall global auto market to near record levels. A slowing in some emerging markets, including India and Russia, is thought to be temporary according to LMC Automotive economists. Continue reading
Global sales of light vehicles were flat in October as declines in the EU offset modest gains elsewhere. Nonetheless, on a seasonally adjusted annual basis or SAAR, 2012 is tracking at a rate of 80.6 million units a year, with 68 million vehicles sold year-to-date. This means that the trend line of ever increasing global sales is now restored to a pre-2008 slope, before the global collapse of the financial and real estate markets created a Grand Canyon-sized dip from more than 70 million units in 2007 to a trough of ~55 million in 2008 and 2009. Continue reading
The positive trend in auto sales is pointing to the best year since 2007, before the reckless practices of Wall Street sent economies into the Great Recession, and caused large unemployment rates and deficits in most countries. Continue reading
Both General Motors Company and Volkswagen Group, at more than 8 million vehicles each, will outsell Toyota’s 2011 sales tally of fewer than 8 million in a record global market of 75 million vehicles. Continue reading
Porsche said it had record sales in the Chinese market in July with deliveries of 2,484 vehicles, the best monthly result in China ever. In total the sports car manufacturer delivered 14,751 vehicles in the current financial year in what is now Porsche’s second largest market. This marks a 72.6 % increase compared with the period January to July 2010. The Cayenne especially is in strong demand in Asia. Continue reading
The marketshare of global light-vehicle sales coming from so-called “emerging” markets has surpassed share from economically mature regions, led largely by growth in China, according to J.D. Power and Associates. “Mature markets like the United States, Western Europe and Japan … Continue reading
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
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