Tag Archives: lmc

Global Light Vehicle Sales Start New Year with a Whimper

A worrisome ghost dancing across AutoInformed’s screen is that 2019 began in a cowed manner in most major markets with the weakness that has been evident for several months continuing. Chinese LV sales were again the most influential for the global market, with another double-digit YoY decline. China of course us is enmeshed in a Trump tariff tirade. Continue reading

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The GM Grinch that Stole Christmas, or Did It?

There will be a 15% reduction in GM’s salaried workforce, the closing of the Lordstown and Detroit-Hamtramck assembly plants in the US and the Oshawa complex in Canada in 2019. Baltimore Operations and Warren Transmission plants will also be shut down in 2019. The arrival of year-end auto sales data makes things clearer in the view of consultancy LMC. Continue reading

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October Western European Passenger Car Sales Drop -7.3%

Given the persistence of falling sales in several key markets linked to WLTP-related disruptions, LMC now sees 2018 full-year growth of a mere 0.8%, a little lower than previously. In addition, with the prospects for economic growth now looking slightly weaker in some key markets, LMC have reduced the 2019 West European sales forecast in volume terms with YoY growth seen at, gulp. 0.9%. Continue reading

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Hyundai Indonesian Plant: Koreans Versus Dominant Japanese and Versus Looming Chinese Invasion Threat

“Despite having a presence in the Indonesian market for more than a decade, Hyundai’s local business has been relatively small, with sales of just 936 units in the first eight months of this year. The only vehicle currently assembled locally is the H-1 (Grand Starex) MPV. Hyundai’s other models sold in Indonesia – the Santa Fe, Tucson, i20 and i10 – are imported and therefore subject to import duties,” says LMC. Continue reading

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What Auto Companies are at Risk Under Trump?

The U.S. accounts for two thirds of North American vehicle production, but there are significant investment plans and decisions in place at major auto makers to re-source capacity from Asia and Europe to Mexico, according to consultancy LMC. These are now under a Trump assault but are nonetheless expected to bring Mexican auto production from 19% of NAFTA today to 26% in 2020, no matter how bellicose Trump is. Continue reading

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June 2015 U.S. Light Vehicle Sales Projected Flat

The real party is being held by new-vehicle retail sales in June along with a corresponding retail seasonally adjusted annualized selling rate, aka SAAR, expected to reach their highest levels for June since 2005. Continue reading

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China Auto Sales Slowdown means Trouble in Detroit

If growth rates in the Chinese auto economy keep slowing, it means trouble for Ford Motor and General Motors, given their large investments in China and reliance on profits from the world’s largest auto market. U.S. automakers typically book revenue when vehicles are shipped, not sold. Continue reading

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September US Vehicle Sales Continue Growing

The sales of new light-vehicles are projected to increase by 6% to 1 million in September compared to last year, continuing the strong momentum of August. Continue reading

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Global Light Vehicle Sales at 86.6 Million Annual Rate

Sales of light vehicles remained robust in April with a seasonally adjusted annualized rate of 86.6 million, up slightly from March. U.S. sales strengthened a t 16.4 million annualized, while the largest vehicle market, China, is now running at more than 23 million vehicles annually. Continue reading

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2014 U.S. March Auto Sales Forecast Up

New-vehicle retail sales in March are showing signs of improvement – projected at 1.19 million or +7% year-over-year – following slower-than-expected sales in the first two months of 2014. Continue reading

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Modest Growth Forecast for January U.S. Auto Sales

Total light-vehicle sales are projected at 1.1 million, a meager 1% increase from January 2013. Fleet sales are expected to remain below the level of a year ago and representing less than 20% of total light-vehicle sales for the month. Continue reading

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EU Light Vehicle Sales Increase in December

While the EU economy is still on life-support, light vehicle sales during December increased in most major Western markets. Continue reading

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December U.S. Vehicle Sales Projected at a +4% Increase

The Detroit Three continued to build inventory rapidly, and their combined days’ supply climbed from 87 days at the beginning of November to 93 days by the end of the month. This is potentially worrisome. Continue reading

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Global Light Vehicle Sales at Record Pace

Led by the Chinese market, the world’s largest, global vehicle sales again were at a record pace during the month of November. Preliminary results for show the light vehicle market soared to a new record of more than 86 million units a year. Continue reading

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November U.S. Sales Forecast at 1.2 Million

Through the first half of November, the average transaction price of new vehicles is $30,079, an increase of $461 from November 2012. Sales and transaction price increases mean that consumers will spend 10% more on new vehicles during the month than they did in November 2012, and nearly double the level of November 2008 during the Bush Administration’s Great Recession. Continue reading

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