Europe In May 2013: Ford OK, GM Definitely Not OK

Hopes of a bottoming of the European have been frustrated, and the small April uptick turned out as a flash in the pan.

We warned in April not to read too much into car data, caused by a curious confluence of calendars. We predicted two weeks ago that the EU market will continue on its downward trajectory. And so it does.

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China In May 2013: Solid Growth

The Chinese car market keeps plodding along. Total vehicle sales were 1,761,500 in May, up 9.81 percent. Passenger car sales were up 9.04 percent to 1,419,700 units. Commercial sales were up 12.88 percent to 364,600 units , the Chinese auto manufacturer association CAAM says.

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GM Sales In China Strong, Ford Much Stronger

GM’s sales in GM’s and the world’s largest auto market China were up 9.4 percent in May, the company says. In April, sales had been up 15.3 percent.

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Germany In May 2013: Abwrts, Bitte

After Germany’s sudden 3.8 percent sales rise in April, this site did not buy into the sentiment that the worst is over in Europe. It’s not. After the calendar-induced April fool’s gold, the German market continued its downward run, with the rest of Europe sure to follow.

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May Sales in Japan Weak, Imports Strong

May sales were down in Japan, and this time around, small kei cars could not bail out their bigger brethren. Imports into the allegedly closed market Japan on the other hand are zooming, despite the weaker yen that makes imports more expensive.

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May U.S. New Car Sales

Nissan, Ford and Chrysler led the way in April. GM and Toyota made smaller gains. Mitsubishi was this month’s loser, down 15 percent.

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May Sales: Chrysler Up 11 Percent

Chrysler sets the tone for a most likely very happy sales day, reporting an 11 percent increase in its May U.S. light vehicle sales to Reuters.

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May Sales Seen Up 6-8 Percent

Expect May auto sales to come in 6 percent to 8 percent higher than in May 2012, and the SAAR to rise above 15 million. This according to Reuters, and “after a disappointing result in the prior month” – for some.

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  • ToolGuy No harm no foul (no one died), business is business, yada yada. Why must everyone pick on dealers?-this post dedicated to Ruggles
  • Hydrocrust Parts
  • ToolGuy The vehicle development process which gave the world the Neon was so amazing (according to the automotive press) that it prompted Rick Wagoner to hire Bob Lutz.Didn't work 🙂
  • Lou_BC When my son was at the local Kia dealer they had a vehicle in for service. It was badly rusted. He refused to sign off on it as a tech. The owner being a grade A douchebag had the owner sign a release and let it go.
  • ToolGuy Nice writeup.