64 messages,
Last post on May 17, 2013 at 7:19 AM
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#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)
#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)
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...
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 pr
edmunds.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%.
#58 of 64 Re: Feb lookin' good [ateixeira]
by dieselone
Mar 01, 2013 (10:52 am)
Fusion had a monster month. Feb sales were 27,875 vs. 14,817 for the Malibu.