You already have the bad news about February car sales in Europe. How did individual cars fare? JATO Dynamics provides us with a list of Europe’s Top Ten in February. With two exceptions, they are all down, some are way down. One exception creates great happiness in a suburb of Detroit. (Read More…)
Tag: February 2011
In a press conference in the late Chinese afternoon, China’s CAAM announced its official February sales numbers. The Middle Kingdom kept face and avoided a loss. (Read More…)
The Chinese passenger car market did something highly unusual in February: It declined. If the data of the usually not highly reliable China Passenger Car Association is to be believed, that is. They e-mailed to Automotive News [sub] that February 2011 passenger car sales were a minuscule 0.4 percent below February 2010 levels. (Read More…)
More and more journos wish China would become like America. As in America of 2008: Pop, crash, fizzle. The current meme is that the 18 plus million car sales can’t possibly go on and that the Chinese car market will ape America and will pop, crash and fizzle.
The problem is: The Chinese car market doesn’t seem to be able to read. It just doesn’t want to roll over. It had its big chance last month. China had been closed most of February in observance of the Chinese New Year. Most observers (including myself) had expected minus signs in front of the growth number for February.
First sales numbers are coming if for February, and there are good news and bad news. (Read More…)
“The consumer is back to the showrooms,” said Brian Johnson, an analyst with Barclays Capital to the Los Angeles Times. No kidding. The consumer is back with a vengeance. February new cars sales were up 27 percent on the year. The world’s two biggest automakers report sales increases we thought only possible in China. (Read More…)
It’s that time of the month again. Super-efficient Japan traditionally is first out of the gate with previous month sales numbers. Lately, there have been some who regret that efficiency. For the sixth straight month in a row, the Japanese new car market is tired, down, worn-out. (Read More…)