Europe In October 2010: Hangover

New car registrations in the 27 countries of the EU crashed by 16.6 percent to 1,027,036 units in October. That according to the latest statistics of the European manufacturer organization ACEA. The year looks a bit better: In the first 10 months, demand for new cars has decreased by 5.5 percent, totaling 11,279,542 new vehicles registered.

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Volkswagen Moves The Metal

Say what you want against Volkswagen, but they are moving the metal. In the first 10 months of 2010, Volkswagen delivered just shy of 6m cars to customers. 5.98m to be exact. In the same period of 2009, they had sold 5.32m, so that’s a plus of 12.4 percent. According to a message from Volkswagen HQ, the world market only rose 4.5 percent in October, the Volkswagen Group increased sales by 9.8 percent in the same month. That’s market share, baby!

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China In October 2010: Up 27.1 Percent

This will disappoint those who were hoping for a cooling-off of the Chinese auto market. Chinese automakers in China shipped 1.2m passenger cars to dealers in October, up 27.1 percent from a year earlier, the official China Association of Automobile Manufacturers (CAAM) told Reuters today. Overall vehicle sales, which also include buses and trucks, were 1.54 million units, up 25.5 percent from a year ago.

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UK Car Sales In October 2010: Fail, Britannia

A few days ago, I wrote about car sales all over Europe falling faster than a…..erm……really fast thing. I also wrote how this didn’t bode well for the UK car market. Well, the figures are in and, unfortunately, I wasn’t wrong – this time. It’s pretty bad. New car registrations fell 22.2 percent in October. The Society of Motor Manufacturers and Traders (SMMT) also said that further declines are likely for the rest for the year. Oh goody(!) Looks like I’m going to have to find more words for “dropped”.

Shall we take a look at the carnage? It’s not for the faint of heart.

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GM China Up Nearly 20 Percent in October, Boding Well For Chinese Overall Sales

Our patent-pending China new car market prediction system (take GM China, deduct a few percent) hasn’t been doing so well lately, due to the poor showing of Wuling, which confused the mix. Let’s give it another cautious go. GM China increased its October sales by 19.6 percent on strong sales of Buick, Chevrolet and Cadillac cars. That according to Bloomberg, which has it straight from GM Shanghai.

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October Sales: Looking Good So Far

Most of the smaller makers reported October sales yesterday as the nation went to go vote. The big ones decided to wait until today: The Detroit 3, Toyota, Honda, and Nissan.

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Germany In October 2010: Back To Normal

After the Abwrackprämien-high in 2009 (which saved the auto industry from damnation and got rid of a lot of old cars), and the short hangover that followed, Germany is definitely back to normal. For the second month in a row, German new car sales are at 2008 levels. According to the official data of the German Kraftfahrtbundesamt, October sales were 20 percent below October 2009, but only 0.8 percent below October 2008. The graph above tells a better story.

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October Probably Best Month This Year

Numbers are not in yet, and many makers won’t report until tomorrow, but it already looks like October was the best in 14 months, if Bloomberg has it right. What’s more, buyers are willing to cough up more for 2011 model-year vehicles.

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Decision 2010: Vote, Or Watch Car Sales?

Tomorrow, you have two choices:

1.) Go vote.

2.) Watch the real time reporting of October new car sales on TTAC.

What should you do?

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  • Redapple2 Cadillac and racing. Boy those 2 go together dont they? What a joke. Up there with opening a coffee shop in NYC. EvilGM be clowning. Again.
  • Jbltg Rear bench seat does not match the front buckets. What's up?
  • Theflyersfan The two Louisville truck plants are still operating, but not sure for how much longer. I have a couple of friends who work at a manufacturing company in town that makes cooling systems for the trucks built here. And they are on pins and needles wondering if or when they get the call to not go back to work because there are no trucks being made. That's what drives me up the wall with these strikes. The auto workers still get a minimum amount of pay even while striking, but the massive support staff that builds components, staffs temp workers, runs the logistics, etc, ends up with nothing except the bare hope that the state's crippled unemployment system can help them keep afloat. In a city where shipping (UPS central hub and they almost went on strike on August 1) and heavy manufacturing (GE Appliance Park and the Ford plants) keeps tens of thousands of people employed, plus the support companies, any prolonged shutdown is a total disaster for the city as well. UAW members - you're not getting a 38% raise right away. That just doesn't happen. Start a little lower and end this. And then you can fight the good fight against the corner office staff who make millions for being in meetings all day.
  • Dusterdude The "fire them all" is looking a little less unreasonable the longer the union sticks to the totally ridiculous demands ( or maybe the members should fire theit leadership ! )
  • Thehyundaigarage Yes, Canadian market vehicles have had immobilizers mandated by transport Canada since around 2001.In the US market, some key start Toyotas and Nissans still don’t have immobilizers. The US doesn’t mandate immobilizers or daytime running lights, but they mandate TPMS, yet canada mandates both, but couldn’t care less about TPMS. You’d think we’d have universal standards in North America.