January Sales Up 11 Percent
Kelley Blue Book was right when, a week ago, it predicted that 900,000 cars would be sold in January. It was 913,284, up 11 percent over January 2011. The SAAR, or seasonally adjusted average rate (= if the rest of the year would be as good as January, how much for the year?) climbed to 14.2 million.
GM saw its first minus since May last year. They said it’s because of a strong January 2011. Automotive News [sub] says that “a year ago, GM’s sales were aided by generous discounts.”
Chrysler (+44 percent), Mazda (+68%) and Volkswagen (+40 percent) surprised. BMW (+ 6 percent) and Mercedes (+ 23 percent) handed in their homework on time.
AutomakerJan. 2012Jan. 2011Pct. chng.1 monthData courtesy Automotive News [sub]
Bertel Schmitt comes back to journalism after taking a 35 year break in advertising and marketing. He ran and owned advertising agencies in Duesseldorf, Germany, and New York City. Volkswagen A.G. was Bertel's most important corporate account. Schmitt's advertising and marketing career touched many corners of the industry with a special focus on automotive products and services. Since 2004, he lives in Japan and China with his wife <a href="http://www.tomokoandbertel.com"> Tomoko </a>. Bertel Schmitt is a founding board member of the <a href="http://www.offshoresuperseries.com"> Offshore Super Series </a>, an American offshore powerboat racing organization. He is co-owner of the racing team Typhoon.
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- Doug brockman There will be many many people living in apartments without dedicated charging facilities in future who will need personal vehicles to get to work and school and for whom mass transit will be an annoying inconvenience
- Jeff Self driving cars are not ready for prime time.
- Lichtronamo Watch as the non-us based automakers shift more production to Mexico in the future.
- 28-Cars-Later " Electrek recently dug around in Tesla’s online parts catalog and found that the windshield costs a whopping $1,900 to replace.To be fair, that’s around what a Mercedes S-Class or Rivian windshield costs, but the Tesla’s glass is unique because of its shape. It’s also worth noting that most insurance plans have glass replacement options that can make the repair a low- or zero-cost issue. "Now I understand why my insurance is so high despite no claims for years and about 7,500 annual miles between three cars.
- AMcA My theory is that that when the Big 3 gave away the store to the UAW in the last contract, there was a side deal in which the UAW promised to go after the non-organized transplant plants. Even the UAW understands that if the wage differential gets too high it's gonna kill the golden goose.
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Land Rover up a whopping 41 %. Tut tut Ford for selling JLR is growing faster than BMW now in the most profitable sector of the Market!
I have been perusing small car ratings at Consumer Reports Online. Two models of the Chevy Cruze and two versions of the Chevy Aveo have the lowest reliability ratings in their categories. As usual, the Jap cars did much better, as did Hyundais. The Volkswagen Golf TDI did surprising well, though, with pretty good reliability and great mileage.