February was a great month for new-car sales, with the total volume up 21.28% over January, and almost 27% over February of 2010. Those are the overall numbers, but the general trend for February was that American car companies had a good time, while most of their overseas competitors struggled. Click past the jump for my analysis and graphs.
Tag Archive for 'Sales'
With the first month of 2011 done with, a lot of eyes are on the automotive sector of our economy. New-car sales figures are used by some as a bellwether of the national economy. If consumers are spending money on new cars, it means they are happy and secure in their jobs, have some sort of savings, and are willing to spend some of their precious income. When times are rougher, people obviously will forgo buying a new car until their situation improves.
Well, the end of the year came and went, without much fanfare. While everyone in Times Square watched the ball drop, the automotive companies selling their hardware in the US were counting the last of the sales figures. How did everyone fare? Click past the jump to find out!
Continue reading ‘December 2010 and a Year-end Wrap-up for Automotive Sales in the US’
Another month closer to the end of the year, and another slump for the new-car market. Beating the slump were Nissan, Suzuki and Volkswagen, while BMW, Ford, Honda, Hyundai, Mercedes-Benz and Subaru all had minor losses. It was a slow month, and put the US Automotive industry at a total of 10.4 million new-car sales for 2010.
The spookiest month of the year is over … and it wasn’t scary for most automakers. Sales were down just a hair from September, which I expected, as schools get into full swing and most people start shopping for the holidays. I don’t expect sales to pick back up until closer to the new year, with some people receiving transportation as a gift, and any leftover 2010 models having their prices slashed.
Well, the 3rd quarter of 2010 is over, and sales are down, yet again, for the U.S. automotive industry. While all the other news outlets are saying sales were up 29% in September year-to-year, sales were down when viewed month-to-month. While there is 1 less day in September than there is in August, this doesn’t account for a 3.32% drop (almost 33,000 vehicles) from month to month. Read on for my analysis and graphs.

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