Posts Tagged ‘Auto Sales Data’
August 13th, 2014
The worldwide auto industry is on an upward trend, with new car sales picking up dramatically in 2014 in the U.S., the U.K. and elsewhere thanks in large part to better-than-ever financing incentives offered by automakers. Industry tracking service LMC Automotive has just recently upped their sales projection for the U.S. in 2014 to 16.3 million units, which would be far and away the largest total since before the worldwide auto industry crash of 2008.
Read more »
July 18th, 2013
Tesla Motors, the Silicon Valley start-up automaker that is clearly here to stay, is working to ramp up production on its all-electric 2013 Tesla Model S luxury sedan in response to overwhelming demand. With 8,931 units sold in the U.S. in 2013 through the end of June, the luxury electric has outsold the Nissan LEAF and Chevrolet Volt, not to mention the Mercedes-Benz S-Class and BMW 7-Series.
Read more »
April 3rd, 2013
The midsize sedan market, dominated for decades now by the venerable Toyota Camry, is growing at a feverish pace. Sales year-over-year in the segment are up staggering 20%, far outpacing the industry as a whole, as former minivan and large sedan buyers have found that one of a crop of vastly improved new value-packed midsizes will meet their needs nicely. With brand-new offerings within the last 2 years from almost every single manufacturer, the segment is also seeing a shakeup.
Read more »
January 28th, 2013
Buyers around the world continue to respond to fine new products from Nissan Motor Company, with both U.S. and global sales hitting new record highs for Japan’s second largest automaker.
Nissan sold 4,940,133 units the world over in 2012, an increase of 5.8% over 2011 numbers. In the U.S., Nissan sold 1,141,656 units for a gain of 9.5%. In its home market of Japan, Nissan sold 659,756 cars and trucks for an 11.6% gain.
U.S. growth was slightly below the industry’s overall pace, even as rivals in Toyota and Honda saw much stronger growth percentage-wise. But these numbers can be deceiving: Nissan was not hampered by the Spring 2011 Japanese natural disasters to the extent of Japan’s other automakers, therefore not seeing as much of a “rebound” in 2012.
Nissan continues to shift more and more production to North America, with output up 14.6% in the U.S. and 12.6% in Mexico for the year. By producing more of its products to be sold here on these shores, with the new revised 2013 LEAF now among its U.S.-made products, Nissan has been a driving force behind auto industry job growth.
October 1st, 2012
Total U.S. new car sales in September are up 11% over the same month last year, expected to hit around 1.2 million units for a seasonally adjusted annual sales rate of 14.6 million vehicles. That keeps pace with industry full-year sales projections ranging from around 14.3 to 14.5 million cars and light trucks. In 2011, carmakers moved 12.8 million vehicles.
Retail sales, i.e. sales to customers like you and I rather than rental car fleets and corporations, are one of the best barometers for the industry’s overall health. Retail sales should hit 950,000 units in September, a rock-solid proportion of all car sales. The industry’s growth in 2012 has been solid and steady without big peaks and valleys, which is good for carmakers because it allows them to tailor new vehicle production and pricing strategies accordingly, bringing greater profitability.
A full 66% of more than 100 high-level auto industry executives surveyed say their companies have added U.S. jobs in the last year, with 72% predicting job growth in the year to come, according to an August comprehensive industry survey by KPMG International.