By on November 5, 2020

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Over the last few years, the brunt of the automotive industry gradually swapped to quarterly sales reporting. This includes Ford Motor Co., which claimed ditching the monthly model helped smooth out variances caused by fleet orders. Most automakers gave similar answers, suggesting quarterly updates would actually paint a more accurate picture of their overall health — likely hoping this would discourage investors from being scared away during a particularly rough month.

But Ford has reportedly had a change of heart and is moving back to monthly updates. While we’re happy to see it bucking the trend, it’s curious to see any automaker doing so while the industry is so vulnerable to anomalies created by government lockdowns.

(Read More…)

By on July 1, 2020

Everyone’s doing it, and now it seems Subaru has joined the maddening crowd of sales reporting conformity.

Not long ago, Subaru, like most every other automaker, reported its sales totals on a monthly basis. And why wouldn’t it? The previous decade saw the brand’s popularity expand massively in the U.S., with volume up not on an annual basis, but on a monthly, year-over-year basis. It pulled off the latter feat 93 consecutive times.

Alas, times change. (Read More…)

By on March 26, 2020

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The growing movement to ditch monthly sales reporting in favor of quarterly updates will blur the impact of this month’s coronavirus-related shelter-in-place orders.

Many automakers, the Detroit Three most notably, left monthly sales reports in the dust long ago, meaning the March decline will have to mingle with the business-as-usual months that preceded it. Right now, it’s left to analysts to tell us the damage.

One has a good idea of what happened this month. (Read More…)

By on January 23, 2020

Porsche Cars North America is the latest automaker to join the expanding list of manufacturers abandoning monthly sales reports in favor of a quarterly format. Detroit has made the changeover entirely, with General Motors swapping to quarterly reports in 2018, only to be followed by Ford and Fiat Chrysler the following year. While Asian manufacturers tend to prefer monthly updates, both Hyundai and Nissan are considering trying quarterly reports within the next twelve months.

As for the German manufacturer, Automotive News cited Porsche as wanting to keep a better eye on the bigger picture. But the plan also runs some risks, especially when some automakers are on the monthly schedule and others report just four times per year.  (Read More…)

By on July 15, 2019

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Reid Bigland, head of Ram Trucks and the man in charge of sales reporting at FCA, recently filed a whistleblower lawsuit against FCA US LLC for significantly cutting his pay after he talked to the SEC reguarding an investigation into the sales reporting practices of the company. That investigation ultimately led Fiat Chrysler to change the way they report sales and acknowledge that they inaccurately reported them in the past.

In a move that should surprise absolutely no one, FCA filed a countersuit claiming that Bigland isn’t eligible for whistleblower status on the law.  (Read More…)

By on January 3, 2019

Are there fits of childlike, fists-clenched glee occurring in the Glass House right now? Quite possibly, and not just because someone brought a scooter into the building.

Don’t say we didn’t predict it. Ford, following in the footsteps of rival General Motors, says it plans to switch to quarterly sales reporting in 2019. While this move would even out the monthly spikes and troughs caused by fleet timing, it ends up meaning less data available to journos and the public. (Read More…)

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