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Will Car Sales Really Recover?

steverstever YooperlandPosts: 40,184
edited June 2011 in General
Who's up, who's down?

"May was the most unusual month in the U.S. auto industry since August 2008’s “cash-for-clunkers” anomaly. The typical springtime updraft had no wind. Executives said a year-to-year decline in sales was only a temporary respite in the industry’s building recovery, and they made a good case. Pickup-truck sales declined. Ford sold all the small cars it could make for the California market. The Chevy Malibu was the country’s best-selling car. And for the first time since February 2006, Chrysler outsold Toyota. Even high-flying Hyundai threatened the pre-eminent Japanese brands. The domestic Big Three actually ranked 1-2-3 in U.S. sales in May for the first time in many years."

May Sales Bring Back Big Three (AutoObserver)

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  • motorcity6motorcity6 Posts: 427
    Another fluke is that the V-6 was the choice of power for F-150 buyers by a slim margin..

    Honda and Toyota will return after they get the homeland suppliers rolling again..Hope Nissan stays down..

    It's good to see the Big3 on a little roll, rooting for Ford, GM has so much Govt connection it will fade behind Ford once the Govt stops pumping money and Chrysler is a real puzzle in predicting it's future..

    Only time will tell, but the city of Detroit is quiet for there is nothing left to steal, folks are waiting on the Obama dollars...They just line up at CoBo Hall..
  • steverstever YooperlandPosts: 40,184
    Chrysler has surprised a lot of people. They are humming on all cylinders, except Town and Country sales are in the dumpster for some reason.

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  • steverstever YooperlandPosts: 40,184
    A NY Times reporter is looking to talk with someone who traded in a car - or plans to trade one in - because the value had gone up or because the dealer contacted them asking if they would trade in. If you’d like to discuss this experience, please contact pr@edmunds.com by noon this Friday.

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  • steverstever YooperlandPosts: 40,184
    "“If gas prices go up, full-size-pickup sales will drop, but typically they’ll bounce back, as they did,” explained Don Johnson, GM’s U.S. vice president of sales."

    May Sales Blip Shows Pickups' Steadiness (AutoObserver)

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  • steverstever YooperlandPosts: 40,184
    edited June 2011

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  • steverstever YooperlandPosts: 40,184
    Industry Sales Momentum Downshifted In June (AutoObserver)

    General Motors: Steady As She Goes
    Ford: Small Cars In Demand
    Chrysler: Trucks Carry The Load
    Toyota: Turning Point
    Honda: Hit Hard In June
    Nissan: Up, Infiniti Hurt By Quake
    Hyundai: Record June
    Kia: Record June, Second Quarter
    Volkswagen: On a Roll
    BMW: Higher Sales; New Mini Record
    Daimler: Smart Downer; Mercedes Up
    Subaru: Inventory Struggle
    Mazda: Buoyed by People Movers (where I come from, people movers are buses)
    Audi: Another Record Month
    Volvo: Much-Improved Performance
    Mitsubishi: Sales Double From Year Ago
    Jaguar Land Rover: Land Rover Up; Jag Down
    Porsche: Strength From Cayenne
    Suzuki: Kizashi Sales Dip; Others Rise
    Saab: Tough Business Month

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  • gagricegagrice San DiegoPosts: 28,900
    Cars are better suited for young people. SUVs are more for comfort of us old people. Where would Chrysler be without the Grand Cherokee? What a money maker that has to be. I would consider a Cayenne if they offered the TDI like the Q7 and Touareg. Just because I love Porsche.

    I don't think the gas prices have been as much an influence as they went up gradually vs 2008. I still see a good market for econoboxes. Just not in my market and the boomer market.

    If not for the Pilot and Highlander, HonToy would really be in the toilet. No mention of Lexus. Is Toyota dropping the nameplate. :P
  • benjaminhbenjaminh Posts: 1,720
    I wonder when they'll get their production back to 100%?
  • steverstever YooperlandPosts: 40,184
    There was a paragraph buried in that article:

    "Lexus has been especially wracked by the supply disruptions after March 11, and sales were down by 40 percent in June. The impact cost Toyota’s luxury brand its first-half crown for segment leadership, which was taken over by BMW."

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  • steverstever YooperlandPosts: 40,184
    edited July 2011

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  • hpmctorquehpmctorque Posts: 4,193
    edited July 2011
    I expect that Volkswagen will come on strong in Q4 '11 and Q1 '12, after the new, Tennessee built Passat and redesigned '12 Beetle are introduced.

    Toyota should get a strong boost from the all-new Camry, which I believe will be introduced before year-end. That should coincide with when production has recovered from the earthquake/tsunami.

    Then, in Spring '12, Chevy will introduce the all-new '13 Malibu. The Passat will have plenty of competition, but I expect that it will do okay.
  • steverstever YooperlandPosts: 40,184

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  • fintailfintail Posts: 33,591
    Probably Crosstour sales :shades:

    Weird chart, so are Lexus and Infiniti under their parents, or "other"?

    Surprised about the Koreans, so some would have us believe are slaughtering the automotive establishment with their daring original designs and lack of federal coddling...
  • berriberri Posts: 4,159
    I heard someone on TV today (maybe on CNBC?) refer to the koreans as the new old Japan. They said they are stealing everyone's patents and copying products for a lower price (and of course getting embroiled in numerous lawsuits!).
  • steverstever YooperlandPosts: 40,184
    Dunno, sometimes they lump Lexus and Infiniti in with Toyota and Nissan and sometimes they break it out by make.

    And the Korea number surprises me since Hyundai sales are reportedly up.

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  • hpmctorquehpmctorque Posts: 4,193
    edited September 2011
    "Dunno,..."

    The same question could be asked about Acura.
  • steverstever YooperlandPosts: 40,184
    Honda is bouncing back nicely.

    September Sales Finish Strong (AutoObserver)

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  • But, but but!!! I thought we were foolish to believe that Honda (and Toyota) was affected by the tsunami disaster? What happened to those folks who gloated the single month the Snuze and Rentabu were at the top of the monthly sales chart?

    I thought these Japanese companies were on a permanent slide because nobody no longer wanted them?

    Ya... :sick:
  • steverstever YooperlandPosts: 40,184
    Well, I think some of it is that the Japanese suppliers are favoring their domestic manufacturers. Lost the link but there was a recent stink with some German company over getting some pigments.

    Be curious to see how sales go next year. There's a lot of pent-up demand for new cars and it remains to be seen who's going to take advantage. VW may yet beat them all.

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  • steverstever YooperlandPosts: 40,184

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  • robr2robr2 BostonPosts: 7,769
    Lost the link but there was a recent stink with some German company over getting some pigments.

    IIRC, that German company is the manufacturer of a key ingredient used in some pigments. That German company manufactures that ingredient only in a plant they own in Japan.
  • steverstever YooperlandPosts: 40,184
    A reporter would like to interview anyone who has used Edmunds.com's Car Match.

    Please email pr@edmunds.com by November 4, 2011 with your daytime phone number and a comment about your experience.

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  • steverstever YooperlandPosts: 40,184
    So far this month:

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  • steverstever YooperlandPosts: 40,184

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  • steverstever YooperlandPosts: 40,184
    “The days-to-turn rate, which counts the days a car is on the dealership lot before it is sold, is at the lowest point we have on record,” said Jessica Caldwell, Edmunds.com senior analyst. “Production is a lot leaner for the domestics these days, while Honda and Toyota are still rebuilding inventory after the earthquake.”

    2011 Vehicle Inventory Running Dry (AutoObserver)

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  • benjaminhbenjaminh Posts: 1,720
    Seems like Mazda might be getting some traction with Skyactiv--they're up 20%

    Hyundai and Kia have had a great year--yet again. But at this point with their factories going flat out, I'm not sure show many more they can produce next year.

    I think I read somewhere that the KIA factory in Georgia is now running three 8 hour shifts--24 hours a day! That alone boosted their capacity something like 100k units to c. 300,000+ a year....
  • steverstever YooperlandPosts: 40,184
    If you finally replaced an old car, please email pr@edmunds.com to share your story with a reporter.

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  • steverstever YooperlandPosts: 40,184
    "An estimated 866,655 new cars will be sold in January, for a projected Seasonally Adjusted Annual Rate (SAAR) of 13.4 million units, forecasts Edmunds.com.... This sales pace is relatively flat from the 13.5 million SAAR recorded last month, but up from the 12.6 million SAAR from January 2011."

    Edmunds.com Auto Sales Forecast: Analysts See Chrysler up 35 Percent (chron.com)

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  • steverstever YooperlandPosts: 40,184
    "The inventory of Elantras is down to the single-day level.

    Nissan North America said its March U.S. sales rose almost 13% to 136,317 vehicles, a record for any month in the company’s history."

    Toyota up 15%. Chrysler up 34%. GM up 12%. Ford up 5%. VW up 35/5.

    "The only major automaker missing the March sales parade was American Honda Motor Co. Its sales fell 5% to 126,999 from the same month a year ago."

    March auto sales leave Hyundai looking for more cars to sell (LA Times)

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