Europe’s new car market continues on its downward spiral with sales down 2.8 percent in June. Half year sales are down 6.8 percent across the EU, data released today by the European Automobiles Manufacturers’ Association ACEA show today. Some countries and automakers do much better, some much worse. (Read More…)

Growth of the formerly red-hot Chinese auto market is as slow as traffic during the Beijing rush hour. At least, there still is some growth. Sales of all automobiles in China are up 2.9 percent for the first half of the year to 9.59 million vehicles. Sales in June were up 9 percent. This according to data released by the by the China Association of Automobile Manufacturers (CAAM). (Read More…)

Our patent-pending oracle for the Chinese market has spoken and predicts slight June gains for the world’s largest car market. GM China did this by announcing a 10.1 percent gain on 213,495 units sold in June. (Read More…)

Germany’s new car market recovered slightly in June. Sales were up 2.9 percent to units, Germany’s Kraftfahrtbundesamt reports. (Read More…)

Domestic sales of regular new cars, trucks and buses increased 40.9 percent in June, while sales of mini vehicles  rose 48.4 percent on the year. Overall, Japan’s new motorvehicle market rose 43.6 percent on 505,342 units sold. The data compare with a post-tsunami June 2011. (Read More…)

Analysts polled by Bloomberg predicted June light vehicle sales to come in much lower. All analysts except one: John Sousanis of Ward’s predicted that this will be a good month. He nearly nailed the SAAR, and came closest to reality in his OEM forecasts. (Read More…)

Chrysler Group up 20 percent, GM up 16 percent, Toyota up 60 percent. Across the board sales up 22 percent (see table.)

June sales of new cars and trucks come in stronger than the cautious estimates of analysts. Why?  America’s most successful sales predictor thinks everybody needed to “make that quarter.” (Read More…)

With only a few days until the end of the month, Edmunds issued its June sales forecast. Edmunds expects that 1,270,901 new cars will be sold in June, translating into a 20.7 percent increase compared to June 2011, and a 4.7 percent decrease from May 2012. The Seasonally Adjusted Annual Rate (SAAR) is projected to come in at 13.9 million light vehicles. (Read More…)

Ford expects June new car and truck sales to come in at the same rate as in May, and sees a cloudy rest of the year as the outlook for the economy remains mixed. (Read More…)