Will Car Sales Really Recover?

64 messages,  Last post on May 17, 2013 at 7:19 AM

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What is this discussion about? Car Buying, Car Comparisons, Car Selling, Automotive News, Truck, Sedan, SUV

    

#34 of 64 Toyota sales built on fleets by gagrice

Apr 07, 2012 (9:02 pm)

Toyota sales jump 15% on strong fleet, retail volume
 
Fleet sales represented about 13.5 percent of Toyota Motor Sales' volume last month. The Camry had a 20 percent fleet mix.
 
Is Toyota suffering from GMitis?

#35 of 64 after the march sales numbers... by explorerx4

Apr 08, 2012 (5:34 pm)

Ford really dropped their retail incentives. Focus sales, for example, are not sustainable at a March sales level on an on going basis.

#36 of 64 Re: Toyota sales built on fleets [gagrice] by anythngbutgm

Apr 09, 2012 (5:33 am)

Replying to: gagrice (Apr 07, 2012 9:02 pm)
I've read in a couple of placers that Toyota is filling orders for fleets that have been backordered due to last years tsunami.

#37 of 64 April's Numbers by steve_ HOST

May 01, 2012 (7:25 am)

Some of them anyway.
 
"Also Tuesday, Volkswagen of America Inc. said it had its best April sales year 1971, selling 37,525 vehicles, up 31.5 percent from the same month a year ago."
 
Chrysler's April up 20%, GM down 8.2%, Ford down 5% (Detroit News)

#38 of 64 big year ahead by steve_ HOST

May 10, 2012 (6:46 am)

"U.S. auto sales are on pace for the best showing since 2007 and a third straight year of at least 10 percent gains, only the fourth such streak since the Great Depression, as more-confident buyers return to showrooms."
 
Auto Sales Rise Puts U.S. on Pace to Best Year Since 2007 (Bloomberg)

#39 of 64 Steady Pace Continues as Summer Approaches by steve_ HOST

May 24, 2012 (5:53 pm)

"Almost halfway through the year, the auto industry keeps chugging along toward a mid-14 million unit sales pace, said Jessica Caldwell, Sr. Analyst at Edmunds.com. With continued pent-up demand and consumers gaining more and more access to credit, there's every reason to believe that sales can continue at this rate through the rest of the year."
 
Edmunds.com May 2012 Auto Sales Forecast (Bloomberg)

#40 of 64 healthy sales by steve_ HOST

Jul 04, 2012 (8:10 am)

"Pent-up demand, falling gas prices and low interest rates are being credited with powering stronger-than-expected monthly gains in U.S. car sales.
 
"There was great pressure from automakers to close June strong, especially after the unexpectedly weak Memorial Day holiday weekend in May," said Edmunds.com Senior Analyst Jessica Caldwell."
 
Auto Sales Rev Up in June (Inside Line)

#41 of 64 healthy sales but not a buyer's market by steve_ HOST

Jul 07, 2012 (11:38 am)

"You would normally see some holiday sales, some summer sales now," she says. "But that hasn't started."
 
Seller's Market: Where to Find Auto Deals This Summer (WSJ)
 
On the plus side, credit is cheap and easy to get again.

#42 of 64 leading the American economy by steve_ HOST

Sep 04, 2012 (4:13 pm)

"August once again played out the theme we've been seeing for some time: high pent-up demand that is being unleashed as consumers have to buy a new vehicle and feel confident enough to buy."
 
  • Toyota and Volkswagen were impressive performers in August, with sales rising 46 percent at Toyota and Volkswagen posting a 63 percent increase over last August.

  • Volkswagen said it sold 10,090 Passats last month, marking the best August ever.

  • Toyota's resulted indicated that the Japanese automaker largely has bounced back from the devastating 2011 earthquake and tsunami.

 
The domestic automakers posted strong August results.
 
Hyundai Motor America announced an all-time August sales record of 61,099 units.
 
Resilient Auto Industry Reports Robust August Sales (Inside Line)
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