auto sales


Border Drive? Umm... No. Mexico car production reportedly down nearly 40%

Mexico hasn't accounted for nearly as much ink as the U.S. and Canada in recent discussions of the auto industry. But in case anyone was wondering, they're in a big hurt south of the border as well. While the American market's decline in auto sales factors in at about 25% overall, the Latin American Herald Tribune reports that Mexico has seen a 30.6% drop in sales volume. And that's the best news. Exports from the automaker plants based in Mexico fell 35.5%, and production descended into the deepest hole, posting a 37.7% contraction compared ... Read more →

REPORT: Analysts chide GM for boosting production [*UPDATED] Jonathon Ramsey

General Motors has announced its planned production for next year: 2.8 million vehicles. That's a 45% increase over its production this year – 1.9 million cars and trucks – and according ...

2010 Ford Taurus reportedly enjoying strong early sales in California Chris Shunk

We've already established that we feel the 2010 Ford Taurus is a lot more interesting than the boring and benign model it replaced, and sales totals are starting to reinforce our findings. ...

Forbes names 12 hardest new cars to find Chris Tutor

With many automakers scaling back production to better balance supply with demand, it's not surprising there are several hard-to-find models right now. Forbes Magazine made some calls and did a ...

REPORT: China passes U.S. in auto sales Chris Shunk

Most of the world has been knee deep in a wicked recession for quite a while, and auto sales have been hit especially hard. Here in the U.S., the numbers have been abysmal, as the first half of the ...

By the Numbers - June 2009: Bankruptcy a Bad Idea Edition 4 months ago on Autoblog

FoMoCo falls only 11%, Chrysler Group drops 42% Want more proof that Ford Motor Company made the right move in avoiding bankruptcy, unlike General Motors and the Chrysler Group, its cross-town rivals? Sales figures for the month of June 2009 show that Ford sharply lessened its sales slide with a ...

Analysts: There's no guarantee that Cash-for-Clunkers will really drive car sales 4 months ago on Autoblog

Now that the so-called Cash-for-Clunkers bill is ready for President Obama's signature, attention is turning to how much of an impact the negotiated bill will actually have on U.S. car sales. There are a lot of positive stories about the bill floating around – headlines hopefully implore that ...

REPORT: Car loan delinquincies jump almost 9 percent 7 months ago on Autoblog

Delinquent auto loans, those more than 60 days past due, are on the rise. According to credit reporting agency TransUnion, they ballooned 8.9 percent in the fourth quarter of 2008 when compared with the same period a year earlier. While glancing at the Detroit News headline would lead most to think ...

Polk speculates about effect of government incentives on 2009 car sales 8 months ago on Autoblog

In light of the automaker benefits and car buyer assistance in the recently-passed stimulus package, analysts at R. L. Polk & Co. estimate there will be an average rebate of $330 for every vehicle sold this year. By allowing buyers to deduct the sales tax from a new vehicle purchase from their ...

Were more cars sold in China than in the U.S. last month? GM thinks so... 9 months ago on Autoblog

When you need to reach 46 years into America's past to find comparable auto industry numbers, it's all right to start thinking "Maybe this is pretty serious..." Various estimates of January 2009 U.S. car sales hover around 660,000. According to General Motors executive Mike DiGiovanni, that's "the ...

U.S. car sales in the doldrums to infinity until 2012 and beyond 10 months ago on Autoblog

There were about three million fewer cars sold in 2008 than 2007. Based on 2007's numbers, it would be the same as if Acura, Audi, BMW, Chrysler, Dodge, Jeep, Lexus, MINI, Porsche, and Saab all closed their doors in 2008. In terms of pure automotive carnage, that's not the kind of damage you can ...

By The Numbers - 2008: Phew! Glad That's Over Edition 10 months ago on Autoblog

We didn't know sales for the U.S. auto industry in 2008 would be this bad when the year began, but it sure ended on a fitting note. Over the past six months or so we've seen the U.S. auto sales market nearly collapse and almost take our own domestic auto industry with it. Nevertheless, there were a ...

GM may use profits from China to float North American operations 1 year ago on Autoblog

Big Bob Lutz said that GM declaring bankruptcy is "out of the question." Of course, that was two years ago, when things like a $25 billion government loan would have sounded ludicrous. That was also before the auto industry mess got messier, and in order to stay true to those words today, GM is ...

U.S. auto sales predicted to plummet to 13.4 million in 2009 1 year ago on Autoblog

Light-vehicle sales in the U.S. are expected to continue their decline in 2009. Global Insight, a firm that has been forecasting sales since the 1960s, is predicting sales of 13.4 million units next year. That figure is slightly down from the 13.8 million units automakers are expected to sell in ...

Chrysler continues 0% financing through April 1 year ago on Autoblog

Car sales in the U.S. flat-out suck right now, and both domestic and Japanese automakers are feeling the pinch. Chrysler posted a 13.2% decline in its Daily Sales Rate last month while offering 0% financing, so the Auburn Hills-based automaker has little choice but to continue offering free loans in ...

J.D. Power and Associates predict even lower U.S. vehicle sales 1 year ago on Autoblog

We really didn't expect good news... J.D. Power and Associates, the global information services company who seem to have highly regarded insight within the industry, is predicting auto sales this year to hit short of their original estimates. According to the firm, declining consumer confidence, ...

MSNBC names the best and worst selling of 2007 1 year ago on Autoblog

It was the best of times, it was the worst of times – it was 2007. Topping the sales figures for the year that almost was are mainly servile vehicles, while the more ostentatious, less useful cars round out the bottom-feeder roster. Family cars at the top and niche cars in the basement ...

2008 will be another long year for automakers: Dealers cutting back on orders 1 year ago on Autoblog

This time last year some analysts were saying that a downturn in auto sales was around the corner. Well, it looks like those chaps were right on the money, as 2007 is projected to finish with 16 million sales, down one million units from 2005 totals. If a look at dealer orders is indicative of ...

Effects of higher U.S. gas prices spreading 3 years ago on Autoblog

Sure, we all know that sales of big SUVs have been driven down by higher gas prices, but Autobytel's latest "Consumer Choice" report shows that we've only seen the beginning of a fuel price-driven restructuring of the automotive landscape. Based on online purchase requests for the second quarter of ...

Foreign manufacturers eclipse domestics in consumer sales 3 years ago on Autoblog

Historically, U.S. automakers have held both the majority of fleet and consumer sales stateside. According to new research provided by R.L. Polk and Co. the "Big Two and a Half" only holds one of those distinctions for the first time in U.S. history. Foreign car manufacturers now account for 53% of ...

Job openings in the automotive industry 3 years ago on Autoblog

Increased sales, a bigger need for technical knowledge in mechanic jobs, more financing activity and longer hours are all reasons that dealerships across the United States have over 100,000 job openings, which is why dealers have launched a campaign to push ...

June sales not so hot 3 years ago on Autoblog

General Motors is expected to take the biggest hit in June, though last year's numbers are skewed a bit due to a certain fire sale. Gas prices are reportedly the biggest culprit, spurring consumers to buy Japanese and turning Toyota and Honda into big winners -- in fact, Toyota expects to be up ...

Pontiac hangs 'Sold Out' sign on G6 convertible 3 years ago on Autoblog

It's not surprising that the extremely popular Pontiac Solstice roadster is sold out for 2006. But the G6 convertible, which went on sale in April, is also gone for the rest of the (model) year. The convertible completes the G6 lineup that includes the sedan and the coupe and is one of the least ...

Online car sales - is now the time? 3 years ago on Autoblog

Online sales are now a big and fast-growing part of U.S. retail sales, for everything from books to auto parts. True, the total amount of retail sales booked online is a small fraction of the total volume of consumer goods, but it is the fastest growing of all sales channels, tantalizing ...

VW Sagitar launched in China to bolster comeback 3 years ago on Autoblog

Once the dominant player in China’s auto market with a 50-percent marketshare, VW’s Sino sales have fallen dramatically recently to the point it’s number one position is being threatened by GM. Enter the Sagitar, a renamed version of the Jetta that the company says is the ...

Analysts blow it - U.S. sales nearly flat in February 3 years ago on Autoblog

After analysts had predicted a 2-percent rise in U.S. sales in February, the actual numbers show a disappointing 0.6-percent improvement over last year. (Sales for the year to date, though, are up 3.8-percent) Clouding the analysts' crystal ball were big swings in fleet sales for the Big 2, with GM ...






Autoblog Podcast #151: With Car and Driver's Eddie Alterman

Eddie Alterman wades in with Sam, Chris, Dan, and Jonny to talk about SEMA and other recent events.

 
 

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