Tag: February

By on May 20, 2013

Last time I opened my mouth, we travelled to Norway, the new land of the Nissan Leaf, and before that we religiously went through our monthly worldwide Roundup, spending time praising the ever-impressive performance of the Nissan Qashqai. Now it’s time to look at the 200 best-selling models worldwide. And there is a big (Chinese) surprise on the podium…

(Read More…)

By on March 4, 2013

As expected, sales of Japanese cars in China took a nosedive to levels not seen since the days after Japanese cars and dealerships were torched last September. Sales of Nissan and Toyota are down a whopping 46 percent. No, it’s not a new flare-up of anti-Japanese riots. This time, it’s the effect of the Chinese Lunar calendar. (Read More…)

By on March 1, 2012

If you are thinking of buying some stock of an automaker, now could be a good time.  Not because of the strong sales. Because of dropping incentives, paired with strong sales. This indicates a strong first quarter, which should drive up stock prices. (Read More…)

By on March 1, 2012

February sales are coming in stronger than expected, indicating a post-Presidents Day boom. Chrysler and Volkswagen lead the charts with a 40 and 43 percent gain over February 2011. (Read More…)

By on March 1, 2012

First new car sale numbers are coming in for February, and they are better than the most optimistic projections.  Chrysler Group is up 40 percent, with the sales of Chrysler branded cars up a whopping 114 percent. GM did beat expectations by registering a small 1.1 percent gain on 209,306 units sold in February. Analysts had expected a drop of GM sales by several percent. (Read More…)

By on February 26, 2012

After we wrote about the February forecast of Edmunds, TrueCar asked whether we had seen their forecast. We had to admit that we had overlooked it, shame on TTAC.

The projections by TrueCar.com are similar to those of Edmunds and Kelley.

TrueCar expects new light vehicle sales in the U.S. to reach 1,088,321 units in February, up 9.6 percent from February 2011.  That forecast translates into a Seasonally Adjusted Annualized Rate (SAAR) of 14.3 million new car sales, up from 13.3 million in February 2011. Says Jesse Toprak, VP of Industry Trends and Insights at TrueCar.com: (Read More…)

By on February 25, 2012

 

Edmunds has handed in its predictions for February sales. Its bottom line is similar to the forecast made by Kelley Blue Book a few days ago: More than a million cars sold, GM the big loser of the month. Edmunds has better news for Ford. And much better news for Chrysler, if that is at all possible. (Read More…)

By on February 23, 2012

Forecasters with the benefit of real-time sales data predict that February sales will be up slightly to 1,050,000 units, lifting the Seasonally Adjusted Annualized Rate (SAAR) to 13.8 million, up 6.4 percent from February 2011. This according to new projections by Kelley Blue Book. GM is predicted as a big loser. (Read More…)

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