The next 25 years of automotive powertrain technology belongs to the internal combustion engine, according to oil & gas giant ExxonMobil. While many will dismiss this as the wishful thinking of an industrial dinosaur, it’s worth remembering that 25 years isn’t that long of a timeframe in the automotive world.
Tag: Chart Of The Day
Compared with the previous month, November 2014 saw smaller automakers pick up market share at the expense of America’s largest automobile manufacturers. General Motors and Ford Motor Company combined to lose nearly a full percentage point in November even as the Volkswagen Group, Subaru, and Daimler AG combined to equal that in terms of gains. (Read More…)
Courtesy of our own Tim Cain. The fain green line represents gas prices, starting from the peak price of crude oil in 2014. Elsewhere, we see market share figures for passenger cars, SUVs/CUVs and pickup trucks. We’ll be keeping an eye on this as the months roll on. Crude oil dipped below $70 a barrel today – truly a black Friday for world oil markets. Let’s see how consumers respond in terms of new vehicle choices.
Additional product for one brand. Less intervention at another.
A move toward high-riding vehicles helped one brand. A move away from traditional cars harmed the other. These two factors are made all the more apparent when one brand employs a full lineup of SUVs/crossovers and the other has yet to bring its first utility vehicle to market.
One brand’s message has been artfully constructed over a few decades; the other’s has been muddied for at least a generation. (Read More…)
Pickup truck sales increased 10% in the United States in October, an 18,590-unit jump in a market which grew 6%. Besides drawing attention to the, “The people buy trucks because the fuel is cheap,” argument, which is not at all completely false nor entirely true, the 10% increase drew our attention to the massive figures generated by the biggest nameplates and their expansive product ranges.
We’ve covered truck sales already this month, so rather than taking another deep dive into October’s specifics, consider instead the percentage of America’s growing auto market that belonged to the pickup truck category last month: 15.8%.
That’s not a small number. Indeed, it’s a significantly larger number than the one achieved by the category through the first ten months of 2014: 13.8%. For perspective, however, think back one decade. In 2004, 19% of the new vehicles sold in America were pickup trucks. (Read More…)
One month after the Chrysler Group outsold Toyota USA and grabbed 13.6% of the U.S. auto market, Toyota, Lexus, and Scion (14.1%) combined to outsell Chrysler, Dodge, Fiat, Jeep, and Ram (13.3%) by 10,000 units in October 2014.
As is the norm, this month’s chart shows something of a Big Four, or an Expanded Big Seven. GM, Ford, Toyota, and Chrysler generated six out of every ten U.S. auto sales in October. Throw in Honda, Nissan, and Hyundai-Kia, and there’s only around 15% of all auto sales left over for the Volkswagen Group, BMW, Daimler, Subaru, Mazda, and a handful of truly niche auto brands.
Compared with October of last year, Nissan’s market share (Infiniti included) grew from 7.5% to 8.0%. The Chrysler Group’s year-over-year market share growth meant a surge from 11.6% in October 2013 to last month’s 13.3% as they managed to sell 30,000 more vehicles in October 2014 than in October 2013.
Timothy Cain is the founder of GoodCarBadCar.net, which obsesses over the free and frequent publication of U.S. and Canadian auto sales figures.
Through the first nine months of 2014, U.S. Buick volume is up 8% to 170,764 units, nearly 50,000 sales back of Lexus, sales of which have risen 16%. Though Buick, the 19th-best-selling auto brand in America, trails Lexus, the 18th-best-selling brand, by a wide margin, Buick has opened up a wide lead over America’s three next-best-selling brands, Audi, Cadillac, and Acura. (Read More…)
Through the first nine months of 2014, sales of the Chrysler 200 are down 27%. That’s to be expected, as the 200 was transitioning from Sebring-based (but Pentastar-powered!) fleet favourite to sleeker 2015 200 form. Granted, Toyota is transitioning from Camry to refreshed Camry and sales are up 5% this year, but that’s a somewhat invalid comparison for another day. Dodge Avenger volume is down 37% to 49,363 units in 2014, but again, this was an anticipated decline, as Chrysler Group has actually killed off the Avenger.
Jointly, the duo is down 31% to 124,505 units. For the third time, this is not a shocker. We expected a period of decreasing 200 volume, and we knew the Avenger’s drops were going to be severe.
American consumers are on pace to buy and lease more new vehicles in 2014 than at any point since 2007, if not earlier. The seven largest automakers in the United States generate 77% of the market’s volume. For each of those seven, this chart breaks down the vehicle categories where their volume is created.
For Hyundai and Kia, this means 77% of their sales are generated by traditional passenger cars, and 37% of their own car volume with the Sonata and Optima. At Ford Motor Company, 30% of their U.S. volume is derived from pickup truck sales, the F-Series lineup. At the Chrysler Group, minivans are responsible do 14% of the load-lugging. (Read More…)