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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

    

Messages Page 6 of 7

#48 of 64 Re: October numbers [steve_] by berri

Nov 01, 2012 (5:33 pm)

Replying to: steve_ (Nov 01, 2012 4:07 pm)
If the northeast takes a sales hit because of the storm, I'm thinking the European models may be a bit more affected. They seem very popular there. If they can make the inventory available they'll get it back on the flip side. Otherwise it might benefit Asia or Detroit a little.

#49 of 64 mixed results, blame Sandy by steve_ HOST

Nov 02, 2012 (6:42 am)

"Automakers on Thursday reported mixed U.S. sales results for October as Superstorm Sandy put a damper on East Coast vehicle purchases at the month's end.
 
Overall, new car and truck sales were up 6.9 percent on volume of 1,092,205 units compared with 1,021,313 a year ago. The impact of high fuel prices was again evident, as car sales increased 13 percent while truck sales edged up 1.6 percent."
 
U.S. truck, car sales up 6.9 percent in October (Detroit News)

#50 of 64 big bump for the refreshed Civic by steve_ HOST

Dec 04, 2012 (7:16 am)

Top 20 selling auto models, November 2012 (Detroit Free Press)

#51 of 64 rebounding by steve_ HOST

Jan 03, 2013 (9:21 am)

"In 2012, the pace of automotive industry sales steadily increased even as the national economy sputtered and often appeared to stall. Sales of cars and trucks increased in part because of pent-up-demand from the recession when people postponed purchases.
 
The rebound in sales occurred even though the industry cut its incentives.
 
For the year, the average new car incentive fell 5.1%, according to Edmunds.com."
 
Auto industry's 2012 sales best since 2007: Chrysler up 10% in December; Ford, 1.9%; GM, 4.9% (Detroit Free Press)

#52 of 64 top sales by steve_ HOST

Jan 08, 2013 (6:59 am)

Who knew that predicting sales was just as much a combat sport as being the sales winner?
 
Edmunds.com Analyst Named Top Auto Sales Forecaster of 2012 (fortmilltimes.com)
 
Grade The Analysts (thetruthaboutcars.com)

#53 of 64 1,042,479 by steve_ HOST

Feb 06, 2013 (4:38 pm)

"The year 2013 is off to a strong start with January car sales totaling 1,042,479 vehicles, the first January the industry has surpassed the 1-million-unit mark since 2008. The 14-percent increase in sales compared with a year ago pushed the Seasonally Adjusted Annual Rate (SAAR) of sales of 15.3 million vehicles, precisely in line with Edmunds.com's forecast and on par with the past couple of months, but significant since January usually is slow sales month."
 
January Car Sales Off to a Fast Start

#54 of 64 Re: 1,042,479 [steve_] by ateixeira

Feb 15, 2013 (7:38 am)

Replying to: steve_ (Feb 06, 2013 4:38 pm)
There has to be pent-up demand. How many people have been waiting on the sidelines since 2008?
 
Plus, look how much more fuel efficient cars are now. That's driving demand, those 2008s are paid off and people will be looking to trade them in soon.
 
I think 15M is low...

#55 of 64 Once our... by iluvmysephia1

Feb 15, 2013 (5:33 pm)

'08 Mitsubishi Lancer GTS is fully paid off (Mar. and Apr.2013 then we're done) I fully intend ta just drive and enjoy the beautiful compact sports sedan. I would rather pick up a '62 Cheva Nova SS as a project car or buy one already restored than trade in for another new car.
 
Gonna pop open a bottle of champagne, man, when it's fully paid for!

#56 of 64 love your old cars? by steve_ HOST

Feb 28, 2013 (3:24 pm)

A journalist is looking for proud owners of cars 11+ years old to ask why you love your car. If you love your old car and would like to share your story, please send your daytime contact info to predmunds.com no later than Monday, March 4, 2013 at noon PT/3 p.m. ET.

#57 of 64 Feb lookin' good by ateixeira

Mar 01, 2013 (10:50 am)

Early reports are coming in - Ford up 9%, GM up 7%.

Messages Page 6 of 7

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