Posts Tagged ‘Auto Sales’

Industry braces for even slower recovery as June’s sales disappoint

That slow but steady improvement in auto sales so far this year? It’s getting slower. June’s disappointing U.S. vehicle sales have pushed some manufacturers and dealers to lower their projections for the rest of the year.

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American Axle posts Q4 profit, expects sales to surge in 2010

American Axle and Manufacturing Holdings Inc. posted a quarterly profit today driven by cost cuts and forecast sales growth of up to 40 percent in 2010, as auto sales recover from a steep downturn.

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2009 is history, but sales races still up in the air

It’s no surprise that 2009 U.S. auto sales plunged or that the Ford brand passed No. 2 Chevrolet, but other races are too close to call until December sales are reported tomorrow.

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U.S. auto sales may end bleak 2009 on minor uptick

U.S. auto sales are expected to end 2009 on a slight upswing in December, capping a year that saw General Motors and Chrysler collapse into bankruptcy and China overtake the United States as the biggest car market. The deepest U.S.

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U.S. auto sales may end bleak 2009 on minor uptick

U.S. auto sales are expected to end 2009 on a slight upswing in December, capping a year that saw General Motors and Chrysler collapse into bankruptcy and China overtake the United States as the biggest car market. The deepest U.S.

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Global auto sales set for gains in 2010, report says

Auto sales will gain momentum worldwide in 2010 on the back of better access to credit and a return to 3 percent growth in the global economy, setting the stage for record volumes in 2011, according to the latest industry forecast from Scotia…

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Auto loan delinquency rates forecast to worsen again next year

U.S. auto sales may improve next year, but auto loan delinquency rates likely will get worse.

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Loan delinquency rates forecast to worsen in 2010

U.S. auto sales may improve next year, but auto loan delinquency rates likely will get worse.

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2010 sales will rise a bit. Or soar. Or maybe crash.

Burned by the depth of this year’s sales plunge, forecasters are cautious about 2010: U.S. auto sales will improve slightly. Unless they soar. Or crash.

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Monthly auto sales to show slow recovery

Major automakers are expected to report flat U.S. auto sales for November from a year ago — another sign the industry is on the mend after a bruising downturn that forced extensive restructuring early this year.

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Industry sales improve slightly as ‘new normal’ takes hold

U.S. auto sales increased by less than 1 percent in November for the industry’s first year-over-year gain without government incentives since October 2007.

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Monthly auto sales to show slow recovery

Major automakers are expected to report flat U.S. auto sales for November from a year ago — another sign the industry is on the mend after a bruising downturn that forced extensive restructuring early this year.

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Fiat cannot keep all Italy plants open

Fiat S.p.A. may have to close factories in Italy, given sharp falls in auto sales which have changed the sector dramatically, CEO Sergio Marchionne said today.

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Fiat cannot keep all Italy plants open

Fiat S.p.A. may have to close factories in Italy, given sharp falls in auto sales which have changed the sector dramatically, CEO Sergio Marchionne said today.

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J.D. Power predicts higher November adjusted car sales

U.S. auto sales in November will likely be slightly higher than year-earlier totals on an adjusted basis because of stable retail demand and rising fleet volume, forecaster J.D. Power and Associates said.

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Adjusted sales to rise in Nov., J.D. Power says

U.S. auto sales in November will likely be slightly higher than year-earlier totals on an adjusted basis because of stable retail demand and rising fleet volume, forecaster J.D. Power and Associates said.

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November auto sales will beat October, Ford analyst says

DETROIT (Reuters)- – November’s U.S. auto sales will stay above October levels, Ford Motor Co.’s chief U.S. sales analyst said on Friday.

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November sales rate will at least match October, Ford analyst says

November’s U.S. auto sales will at least reach October levels, Ford Motor Co.’s chief U.S. sales analyst said on Friday. Maintaining October’s levels would beat November 2008′s 10.3 million units of demand.

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Bosch sees 11 million U.S. auto sales in 2010

The head of the American unit of German autos parts supplier Robert Bosch GmbH said he expects U.S. light vehicle sales to improve to 11 million units in 2010, indicative of a steady but slow recovery from a bottom reached earlier this year.

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BMW sees slower 2010 U.S. rebound

BMW AG expects a slower recovery in 2010 U.S. auto sales than anticipated just a few months ago with consumer debt remaining a drag on the developing rebound, the automaker’s president for North America said today.

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U.S. auto sales down 6% in October, J.D. Power says

October U.S. auto sales should be down about 6 percent from a year ago, marking the first single-digit monthly decline since May 2008, industry forecasting firm J.D. Power and Associates predicted today. J.D. Power forecast October sales at 10.

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U.S. auto sales down 6% in Oct., J.D. Power says

October U.S. auto sales should be down about 6 percent from a year ago, marking the first single-digit monthly decline since May 2008, industry forecasting firm J.D. Power and Associates predicted today. J.D. Power forecast October sales at 10.

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U.S. auto sales will rise more than 15% next year, forecaster says

U.S. auto sales are projected to rise nearly one-fifth to 11.8 million units in 2010, influential industry tracking firm CSM Worldwide said today, citing signs that the worst of the economic downturn had passed.

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U.S. auto sales will rise more than 15% next year, forecaster says

U.S. auto sales are projected to rise nearly one-fifth to 11.8 million units in 2010, influential industry tracking firm CSM Worldwide said today, citing signs that the worst of the economic downturn had passed.

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Volvo expects sales to keep rising this year, says N.A. chief

Volvo Cars of North America, battling U.S. auto sales at quarter-century lows and the uncertainty of its future sale, expects to see monthly increases for each month this quarter, CEO Doug Speck said today.

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