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While there are folks predicting a turnaround in car sales and general economic fortunes by the end of this year, for now the status quo remains, and it can be summed up as: "Ouch." J.D. Power has put the early returns for March sales down 40% compared to the same month last year. It predicts sales of 633,000 cars to retail customers and another 165,000 to fleet customers for March of this year versus a March 2008 total of 1.07 million total sales. That would be an annualized rate of 9.2 million vehicles.

J.D. Power thinks "improvements on Wall Street and a boost in consumer confidence will help to bring the market back." We are not experts on the economy, but we don't know where such predictions come from, especially seeing that jobs are still being shed in the tens of thousands and boisterous Wall Street "improvements" are what got us here in the first place. For now, we'll light another candle for the car industry and hope things turn around for everyone soon.

[Source: CNN]

Early March sales figures said to be down around 40% originally appeared on Autoblog on Thu, 26 Mar 2009 18:30:00 EST. Please see our terms for use of feeds.

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We usually don't post on monthly sales number aside from our mega By The Numbers post that appears at the beginning of each month, but clearly news that sales at Ford will drop again in March by double digits warrants its own post. Ford's chief sales analyst George Piper told Reuters today that retail sales will fall thanks to weaker demand for the F-150, while fleet sales will continue to drop as expected. Those combined losses will apparently add up to sales that are at least down by 10%, if not more.

Clearly the F-150 is seriously feeling the hurt, as newer competition from GM and Toyota are vying for F-150 customers, and the current weak housing market means construction companies just aren't buying the F-Series like they were last year. The brand's Daily Average Sales Rate fell 15.2% in February and a whopping 25.2 percent in January, and it seems apparent that when automakers report their numbers next Tuesday, Ford will continue the trend.

[Source: Automotive News]

Ford sales in March will show double digit decline originally appeared on Autoblog on Fri, 30 Mar 2007 16:02:00 EST. Please see our terms for use of feeds.

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New models fired up sales for premium brands Mercedes and BMW in March, as the battle for teutonic bragging rights in the luxury segment kicked into high gear.

BMW group sales hit a record 144,316 units in March, up 13.5 percent, buoyed by double-digit growth in the U.S. and Germany, and solid gains in the hot Chinese market. Meanwhile, Mercedes Car Group racked up sales of 138,400 units, up 17.4 percent, setting an all-time record. But in the all-important core brands, Mercedes-Benz scored 125,400 sales, while arch-rival BMW managed only 122,509 units.

Once again, new models tell the tale. Mercedes-Benz rolled out new or revamped models across the board last year, including fresh versions of the M-Class and S-Class, and the new R-Class and B-Class. The onslaught continues this year with the new GL-CLass SUV (pictured) and freshened SL- and E-Class models. BMW, on the other hand, has been surfing the wave generated by its new 3 Series, which accounts for about 40 percent of all BMW sales.

While Mercedes looks to be surging ahead in the near-term, expect BMW to fight back when its revamped MINI line rolls out.

[Source: Reuters, Mercedes Benz]

Teutonic titans Benz and BMW battle amidst record March sales originally appeared on Autoblog on Sat, 08 Apr 2006 14:04:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>3-seriesBimmerBMWDaimler ChryslerDaimlerChryslerDCXg-classGL-classm-classmarch earningmarch figuresmarch salesMarchEarningMarchFiguresMarchSalesMercedesSat, 08 Apr 2006 14:04:00 EST http://www.autoblog.com/feed/606632/article-comments.xml http://www.autoblog.com/feed/2006/04/08/blow-out-march-for-mercedes-bmw/606632/article-detail.xml 606632 http://www.autoblog.com/media/2006/04/mercgl_thumbnail.jpg http://www.autoblog.com/media/2006/04/mercgl.jpg <![CDATA[Volkswagen, Porsche post strong U.S. sales]]>http://www.autoblog.com/2006/04/04/volkswagen-porsche-post-strong-u-s-sales/http://www.autoblog.com/2006/04/04/volkswagen-porsche-post-strong-u-s-sales/http://www.autoblog.com/2006/04/04/volkswagen-porsche-post-strong-u-s-sales/#commentsFiled under: , ,

March sales in the U.S. for the two German brands showed strong gains, with VW sales up nearly 24 percent while premium brand Porsche posted its best-ever March sales.

Volkswagen sales totaled 20,730 units in March, which brings total sales for the first quarter of 2006 to 53,296 units, up 24.3 percent year-over-year. New models helped, with the new Golf GTI ringing the register 2,073 times in March, a six-fold improvement over March 2005. Other VW stars in March were the Jetta, up 25.3 percent, and the Passat, up 40.9 percent.

At the premium end of the car sales spectrum, Porsche sales rose 13 percent to 3,363 units, setting a record for the month.

[Source: Reuters]

Volkswagen, Porsche post strong U.S. sales originally appeared on Autoblog on Tue, 04 Apr 2006 11:34:00 EST. Please see our terms for use of feeds.

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