Tag Archives: sales

GM Posts August Sales Record in China as Its Biggest Maker

General Motors and its government-mandated joint ventures set a new August sales record in China as sales increased rose 7% from the previous August and 11% from July to 220,996 units. All three of GM’s large manufacturing joint ventures set sales records for the month. Shanghai GM’s domestic sales were up 12% on an annual basis to 110,209 units. SAIC-GM-Wuling’s sales in China rose 3% to 106,500 units. FAW-GM’s domestic sales increased 17% to 4,117 units. Continue reading

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Porsche Sales up 16% in July. Boxster and 911 Strong

Porsche increased sales in July by 16% helped by strong sales of the Boxster and 911. The automaker sold 12,391 cars and trucks during the month. Led by sales of the Panamera sedan and Cayenne sport utility vehicle, Porsche has sold 81,562 vehicles (+14 %) in the first seven months of 2012. Continue reading

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U.S. Vehicle Sales as Percent of Population Remain Weak

As the U.S. auto industry slowly recovers from the Great Recession, new vehicle sales as a percent of the growing population remain weak by historical standards. Continue reading

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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

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GM U.S. Sales Up 7% in November – SAAR Booming

Increased sales of pickup trucks and full size vans dominated GM’s results. GM deliveries y-o-y showed a 34% increase in Chevrolet Silverado pickuo truck sales (34,251) and a 22% increase in GMC Sierra pickup sales at 11,971 Continue reading

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June New Vehicle Sales to Improve Slightly from a Weak May

Nonetheless, Power has reduced its 2011 retail sales forecast to a meager 10.5 million units from 10.6 million units. The forecast for total sales has been revised to 12.9 million units from 13 million units. Continue reading

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

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

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

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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