Finally, a day later, the two German primadonnas, Daimler and BMW, handed in their homework, and America can get on with its life, knowing that Americans bought 1,243,784 light vehicles in December. This brought annual sales in the U.S. to the official total of 12,778,885 units, up 10 percent over 2010.
Jessica Caldwell of Edmunds again is the clear winner of the December round of Grade The Analysts. She won by hitting the official SAAR (13.65) close enough. She really won by making the highest precision forecast for the Detroit Three. Caldwell also is the undisputed winner of four months of Grade The Analyst, winning her the coveted “TTAC 11” (a.k.a. “The Top Analyst Crown 2011”). (Read More…)
Japanese allegedly bought 221,960 vehicles in December, up from 179,666 a year earlier, data provided by the Japan Automobile Dealers Association shows. Japan’s domestic sales of new cars, trucks and buses are up 23.5 percent compared to December 2010. This brings the calendar year total to 2.69 million vehicles, down 16.7 percent. Don’t write this into your Excel sheet just yet, because it is only part of the intricate Japanese sales saga. (Read More…)
U.S. December sales results, and with December, full year results begin to roll in. What we see so far looks like a December surprise: Numbers come in stronger than expected by analysts. Chrysler is up 37 percent in December and 26 percent for the year. GM is up only 5 percent in December, but 13 percent for the year. Ford up 10 percent in December, 9 percent for the year. Volkswagen surprises with 36 percent up in December and 26 percent for the year. Subaru up 26 percent in December, but only one percent for the year. Toyota ( not on the list yet) reports a flat December and the year down by 7 percent.
Germans bought 244,501 cars in December, which brought German sales for the year 2011 to 3.17 million units, up 8.8 percent compared to 2010. According to data released by the German Kraftfahrtbundesamt, the German love affair with oil burners continues unabated: 47.1 percent of all newly registered cars run on diesel. In all of 2011, Germans bought 2,154 EVs and 12,622 hybrids. (Read More…)