Tag: Sales

By on July 30, 2019

Unlike Ford, which plans to put its sole remaining four-door passenger car underground by 2021, General Motors’ Chevrolet division is not quite ready to kiss the sedan goodbye.

While the automaker did cull its compact Chevrolet Cruze earlier this year (sparking a wail of grief from a certain writer whose year-old daily driver now bears an defunct nameplate), and while the Chevy Impala is also scheduled to bite the dust come January, the long-running Malibu is said to have at least a few good years left in it. (Read More…)

By on July 29, 2019

Nissan announces U.S. pricing for 2018 Rogue Hybrid

It was a vehicle seen as barely there. Something of a ghost, really, given how unlikely a person was to actually spy one with their own eyes.

The Nissan Rogue Hybrid.

Last year, we told you that the well-camouflaged Rogue Hybrid had not disappeared — after showing up for 2017, the automaker briefly vanished it in order to incorporate mid-2018 updates bound for the Rogue model line. Well, we’re now here to tell you the Rogue Hybrid will disappear for a much longer period of time. (Read More…)

By on July 29, 2019

Denis Le Not 2019 Nissan Altima unveil - Image: Nissan

As you read last week, Nissan is busy sharpening its axe, ready to chop the company back to sunnier balance sheets. Some 12,500 positions, or more than 9 percent of the automaker’s global workforce, are poised to disappear as Nissan attempts to recover from a serious slump.

News of the cull came on the heels of a dismal first-quarter earnings report in which the company revealed a net income loss of 94.5 percent. Its operating margin? A prosciutto-thin 0.1 percent, down from 4 percent a year earlier. Something needs to give.

What will give are jobs, a lot of them, and numerous car models — roughly 10 percent of the brand’s global lineup by 2022, the automaker said. Most of those models will be el-cheapo offerings in developing markets. As for sales, the automaker finds itself sliding in a major market where bright points of light are hard to find.

Let’s search for those stars. (Read More…)

By on July 24, 2019

As automakers connect more vehicles to the internet and install app-based shops into the dashboard, we’ve become increasingly worried with in-car marketing annoyances and the prospect of companies hiding content behind paywalls. Our concerns turned out to be valid.

BMW has decided that it will charge customers an annual subscription fee if they want to utilize CarPlay in its latest models. Odd, considering most other automakers have been trying to get the platform inside their cars as standard equipment. However we’re betting that changes unless BMW gets a healthy does of criticism.  (Read More…)

By on July 24, 2019

Today marks the first entry into a two-part Question of the Day series where we’ll step back in time. The purpose of the journey? To fix the mishaps committed by automakers. First up are the missed opportunities.

(Read More…)

By on July 20, 2019

Ford Motor Company’s Oakville, Ontario assembly plant will soon see a reduction in manpower, according to the union representing Canadian Detroit Three autoworkers. The looming changes represent the latest blow to that country’s fragile car building presence.

For Ford, the cuts outlined by Unifor Local 7070 president Dave Thomas in a web post this week are an inevitable consequence of evolving lineups and consumer tastes. The company can’t build the Ford Flex forever. (Read More…)

By on July 10, 2019

Automotive retail sales in China rose slightly last month, representing the first uptick in volume over the last year, according to Bloomberg. But those gains were the result of a nationwide fire sale of backed-up inventory that dealers were tired of seeing clutter up their lots. Officially, the China Association of Automobile Manufacturers (CAAM) says the new vehicle market still kind of sucks.

For June, wholesale deliveries of new passenger vehicles fell 7.8 percent to 1.73 million units. That’s twelve straight months of negative growth.  (Read More…)

By on July 2, 2019

Surprising exactly no one, Americans continue to snap up light trucks and SUV apace, driving manufacturers like Subaru to month-over-month gains in June. In fact, the Exploding Galaxy is continuing a remarkably torrid sales streak, chalking up 91 consecutive months of year-over-year growth. The beauty of all wheel drive, indeed.

That rumbling you hear are Chevrolet execs jumping over furniture to try and comprehend their sudden relegation to third place in the perpetual fight for pickup truck supremacy. Through to the end of June, Ram has trounced Silverado to the tune of about 50,000 units.

Ooooh; don’t you hate that burning smell?

(Read More…)

By on June 26, 2019

2019 Volvo Cars USA full lineup - Image: Volvo

Thanks to the increasing popularity of its two most affordable models, 2019 appears to be the year in which Volvo’s U.S. operations will appear firmly and solidly back on track.

For the first time since 2007, Volvo is set to sell more than 100,000 vehicles in the United States. At the current 6 percent growth rate, Volvo is on track for a 12-year high. 60 years since the Swedish brand landed in America, and nearly a decade since its U.S. ownership phase ended at the hands of Ford, the now Chinese-owned marque is on the ascent for very much the same reason it was when setting sales records in 2004.

A mix of popular utility vehicles and growth from its entry-level models. (Read More…)

By on June 17, 2019

Due to weakening new-vehicle sales, the United States was staring down the barrel of near-record inventories a couple of months ago. Encouraged by the factory to ensure their lots were filled with the latest wares, dealers have watched their margins evaporate as employees and customers drowned in the sea of metal parked out front.

While still uncomfortably high, U.S. inventories started creeping back down in May. By the end of the month, the number of vehicles waiting to be adopted fell below 4 million for the first time since the beginning of 2019.  (Read More…)

By on June 4, 2019

Image: General Motors

Compared to previous months, May was a great month for U.S. light vehicle sales. Volume almost broke even on a year-over-year basis, falling a mere 0.3 percent. Keep in mind that last year was a high water mark for the industry, and average transaction prices are nudging into premium territory.

Still, year-to-date sales are down in the U.S. to the tune of 2.4 percent, with May’s slim loss serving as the fifth consecutive monthly decline. To that, Canada says, “Hold my Molson.” (Read More…)

By on June 4, 2019

2019 Ram 1500 eTorque

Running a car company is hard, in case you haven’t noticed. It gets even more difficult when various and sundry world events conspire to create a jittery public or wonky cost structures. Toss in a pinch of interest rate paranoia and you’ve the perfect recipe for a very challenging industry.

Last month, sales of light vehicles in America was roughly flat compared to the same time period one year ago. This would normally not be cause for much celebration but, against a backdrop of a disastrous April, it is almost worth breaking out a case of the good stuff.

(Read More…)

By on June 3, 2019

2019 Toyota Prius AWD-e blue - Image: Toyota

The proliferation of hybrid vehicles has relegated the venerable, once-dominant Toyota Prius to a lesser plane of influence. This isn’t breaking news, as Toyota has seen the volume of its Prius family slide since 2012, falling below the six-figure mark last year for the first time in 14 years. Volume in 2018 was less than half of the number sold just six years earlier.

Still, the model’s decline stings. As May sales numbers roll in, the former darling of the green crowd finds itself outpaced even by a Ford sedan with no future. (Read More…)

By on May 29, 2019

2020 Toyota Supra – Image: Toyota Canada“You only produce one car less than the demand for the vehicle,” the late Sergio Marchionne said of Ferrari’s founding marketplace strategy. Of course, that translates to thousands more cars per year than it did in decades past. But Ferrari remains largely committed to that principle.

Now, in Ferrari-like language, Toyota says, “We’re operating on the basis that it’s better to have one too few than far too many,” when it comes to the new Supra.

Toyota spokesperson Nancy Hubbell revealed to TTAC early sales goals for the fifth-generation Supra that are distinctly tempered compared with the lofty expectations Toyota divulged the last time it launched a high-end coupe. (Read More…)

By on May 28, 2019

2018 Accord Sport 2.0-Liter Turbo - Image: Honda

May isn’t shaping up to be a sales winner for automakers doing business in the United States. Like past months in the current calendar, volume is predicted to decline, year over year, with the annual tally for 2019 expected to fall for the first time in years.

That’s according to a joint report from LMC Automotive and J.D. Power. Backing up the claims is a reversal of the recent trend of declining incentive spending, plus the fact that new cars are spending an increasing number of days sitting on lots. The most since the recession, in fact. (Read More…)

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