Sales of new passenger edged up only slightly in the EU, rising 0.6 percent to 1,231,147 units sold in September. Nine months into the year, 10,121,423 new cars found a buyer, 1.1 percent less than in the same period a year ago. For all intents and purposes, Europe is flat. (Read More…)
Tag: September 2011
September, usually a good sales month in China, brought no change to the tepid growth of the formerly red-hot Chinese car market. Automobile output was 1.60 million, and remained “basically flat,” as the China Association of Automobile Manufacturers (CAAM) said. Auto sales are up by 5.52 percent compared to September last year. (Read More…)
Ah, my fellow Germans, so predictable. It happens after every crisis: After selfmedicated austerity (money or no money, does not matter,) at one point, all secretly get together and agree that too much restraint is a bad thing. Then, they go out and buy cars. More cars, bigger cars, faster cars.
And so, it happens again. New car sales in Germany, Europe’s largest and most influential car market, rose 8.1 percent in September to 280.689 units. This according to a count of registrations, performed by the German Kraftfahrtbundesamt. This is no one-month wonder: January through September, 2.4 million new cars were registered, 10.8 percent more than in the same period of 2010. (Read More…)
For the first time in 13, yes 13 months, Japanese new car sales registered a small uptick. Small (sukoshi) it is, 1.7 percent, compared to September 2010. And that only, because September 2010 was bloodbath.
When we sang our Sayonara to growth a year ago, we didn’t expect it would be THAT bad: For the 9 months of this year, Japanese car sales are down by a whopping 25.9 percent. Following data provided by the Japan Automotive Dealer Association. The numbers do not include minivehicles. (Careful when applying the data to minivehicle-heavy makers such as Daihatsu or Suzuki…) (Read More…)
India will likely report a good September for most of its carmakers. The final numbers are not expected until a week from now, but here are the results of some of the most important ones. Keep in mind that these “sales” numbers are the total of what has been sold in India and what has been shipped abroad. The Indian domestic market is still a bit sluggish, but exports are picking up nicely. (Read More…)
September Light Vehicle sales, which will be out on Monday, could rise to levels not seen since April, analysts surveyed by Bloomberg reckon. The consensus average stands at a seasonally adjusted annual rate of 12.8 million units. The people who have the real time sales data even think it’s a bit higher: Jessica Caldwell of Edmunds figures 12.9 million SAAR, Jesse Toprak of Truecar even expects 13.1 million. And guess who saved the American bacon? The Japanese. (Read More…)