Tag Archives: u.s. auto sales

January 2013 U.S. Vehicle Sales Forecast as Highest in Five Years

January 2013 new vehicle sales are predicted to come in at 812,600 vehicles for a seasonally adjusted annualized rate or SAAR of 12.9 million units. This is 14% higher than January 2012. Total light-vehicle sales in January 2013 in the United States are projected to reach 1,027,700 units, an 8% increase from January 2012. The encouraging January sales prediction, if true, is well ahead of the forecast of 12.4-million-unit annual level for 2013. 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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Spring Auto Selling Season Sags as April Sales Rate Slows

Even rich people are apparently now concerned about the large depreciation rates of their luxury vehicles, which drives up the cost of ownership as trade-in values or lease residuals droop. The improved content and features in recent non-luxury vehicles offer a better value for consumers returning to the marketplace, especially if their needs are not ego driven. The problem for automakers is compounded by market forces, which are prompting free maintenance on non-luxury cars, once the sole province of expensive vehicles. Continue reading

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December New Vehicle Sales to End 2011 above 1 million

While new vehicle sales will be relatively strong, if the forecast holds, the auto sales volume means a seasonally adjusted annualized rate or SAAR of 11.2 million units nowhere near the 15-17 million rates of the middle of the last decade and the current rate in the EU, even with its Eurozone crisis. Continue reading

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Ford Motor Company October Sales up 6% from Trucks, SUVs

Ford is now emphasizing truck sales and adding crossover sales with them. This is because Ford Motor Company car and retail sales are down in October compared to last year, hurt by bad results at Lincoln (-11% at 6,100 units), and the absence of 7,500 units from now defunct Mercury. With the strength of trucks, though, overall Ford Motor sales of 1,771,801 units is up 10.9%. Fleet sales are 33% of the total, which based on early numbers, appears to be leading the industry, ahead of GM’s 23% of October sales. Continue reading

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August Auto Sales Down Again, Below Recent Predictions

Hurricane Irene only added to ongoing auto sales woes, as consumer confidence declined yet again. Housing prices also dropped and not only the ones under water; the Federal government admitted, finally, that real GDP growth for the first half of 2011 was less than 1%; while Federal Reserve Board meeting notes showed that the governors were at a loss as to what to do next to stimulate a stalled economy. Continue reading

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August New Vehicle Sales Barely Up. U.S. Economy Still Stalled

It looks like the new vehicle retail sales for August will continue at a seasonally adjusted annualized rate (SAAR) of a mere 9.9 million units since sales for August are projected at 898,000 units. The retail selling rate is just … Continue reading

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July Vehicle Sales Stall in U.S. SAAR Projected less than 10 M

The sale of new vehicles in the U.S. will be about 11.8 million units in July. This is the third straight month below the 12 million mark as the U.S. economy remains close to reentering a recession. Continue reading

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U.S. April Retail Auto Sales Predicted at 11 Million, SAAR 13 M

“As April’s sales pace confirms, increasing gas prices and shortages in vehicle inventory have yet to trump the overall recovery that has been progressing since the fall of 2010,” said Jeff Schuster. Continue reading

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Ford Motor Company Outsells General Motors in March as U.S. Sales Increase19%! Ford Q1 Sales also Strong at Plus 6%.

Ford is clearly benefitting from relatively fresh products, a shift away from trucks to cars and improved fuel efficiency in most vehicle lines as gasoline prices continue to rise above $3.50 a gallon. Continue reading

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General Motors U.S. Sales Up 11% in March, Q1 Up 26%

Dealers for General Motors Company reported 206,621 total sales during March in the U.S., an increase of 11%, and a 17% increase in GM retail sales. Discounted fleet sales were 27% of the total.

For the first three months, total GM sales increased 26% to 592,545 units compared to a year earlier. As a result, each of GM’s remaining brands – Chevrolet, Buick, GMC and Cadillac – gained retail and total market share during the quarter, a welcome reversal of a declining trend that was underway for five decades and ultimately led it GM’s bankruptcy in 2009. Continue reading

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How Long Will U.S. Japanese Buyers Wait for Earthquake Delayed Vehicles and Where Will They Go if They Defect?

While U.S. sales executives at Japanese companies are taking an optimistic “wait and see” attitude about the effects on sales of Japanese brands of Japan’s triple tragedies – earthquakes, tsunamis, nuclear meltdowns – they also acknowledge that since Japanese imports … Continue reading

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Winners And Losers in 2010 U.S. Sales

The land rush of automotive media conferences and announcements in connection with the North American International Auto Show in Detroit early in January pretty much overwhelmed any in-depth analysis of the winners and losers in 2010’s car and truck sales.

So, herewith, are a few morsels to gnaw upon: Continue reading

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Toyota Predicts Another Sales Gain in 2011 on Asian Boom

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

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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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