One of the big mysteries of the auto industry, to a casual observer at least, would be how Subaru keeps growing by huge leaps and bounds. Its cars aren’t very fast (WRX and STI excepted), aren’t very good looking, and they don’t have the most frugal fuel economy. But Subaru apparently doesn’t need to appeal to those…
GM August sales were down 20.2%, worse than the punditocracy expected.
Ford August Cash-for-Clunkers-inflated sales were up 17%, lower than expected street numbers of up 39%.
GM sales were down 50.8% adjusted per sales day. GM January total car sales of 43,943 were off 58% and total truck sales (including crossovers) were down 42% compared with a year ago. Yikes!
Toyota reported January, 2009 sales of 117,287 vehicles, a decrease of 34.4% from last January. Even the new Venza sold only a mere 1,394 units in January.
Ford US auto sales were down 44% in January, worse than the 31.9% drop expected by analysts. Anything larger than a Ford Focus was hit hard. SUV sales? Down over 50%. Trucks? Down over 40%.
Moments ago, GM announced 2008 global auto sales. With 8.35 million vehicles sold, the automaker fell 620,000 short of Toyota's 8.97 million 2008 car and truck sales. Toyota is now officially the world's largest automaker.
Chrysler sales for December, 2008 were down 53% compared with December, 2007. Although pickup sales were up 10%, the automaker finished the month with 397,659 units on hand, a 115-day supply of inventory.
Ford reports in December, 2008, sales totaled 134,114, down 32% from December, 2007. But, there's good news. Ford hasn't lost as much as other automakers, with market share rising 0.7% to 14.6%.
We just saw the following chart of Top 10 retail vehicle sales for October, 2008 showing the Ford F-150 and Chevy Silverado overtaking the Toyota Camry and Corolla. Looks like that drop in gas prices to under $2 per gallon due to a lack of economic growth have already made us forget about the summer pains of high gas…
Sales results released yesterday confirmed October was another month of dismal vehicle sales in the U.S. market. Of the top players, General Motors fared worst, seeing sales plunge 45.4% from the same month a year earlier. Chrysler was down 34.9%, while Ford was down 29.2%. Of the import "big three," Nissan dropped…
One of the behemoths of the global heavy trucking industry, Volvo Trucks, has reported a truly shocking decline in sales for the third quarter of this year. Volvo claims a 99.7% reduction in demand compared to the same period a year ago. That means orders went from 41,970 trucks in the third quarter of 2007 to just…