Posts Tagged ‘Light Vehicle Sales’

J.D. Power forecasts 15 percent sales decline in August

The slow economic recovery, coupled with lower incentives compared with a year ago, probably will translate into a 15 percent drop in U.S. light-vehicle sales in August from the same month last year, J.D. Power and Associates predicted today.

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Ford, Hyundai, Toyota lead industry to 15% gain

Ford, Toyota, Subaru and Hyundai Group spurred a year-end U.S. sales rally that took some sting out of a painful year. Overall, December light vehicle sales rose 15 percent from a year earlier, while full-year volume fell 21 percent.

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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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Ford posts 3% gain, Subaru soars 41% as industry shows spark

Ford Motor Co.’s U.S. light-vehicle sales rose 3 percent in October and Chrysler Group’s plunged 30 percent following analysts’ forecasts of the strongest month this year not aided by government incentives.

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U.S. sales, aided by GM, finally show some real spark

U.S. light-vehicle sales — bolstered by General Motor Co.’s first gain in 21 months — declined less than 1 percent in October as the industry showed signs of a recovery without the aid of government incentives.

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U.S. sales, aided by GM, show some real spark

U.S. light-vehicle sales — bolstered by General Motor Co.’s first gain in 21 months — declined less than 1 percent in October as the industry showed signs of a recovery without the aid of government incentives.

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Toyota predicts 2010 U.S. sales will top 11 million

Toyota Motor Corp. expects industry-wide U.S. light vehicle sales to range between 10.3 million and 10.4 million units in 2009, and top 11 million in 2010, the automaker’s U.S. brand chief told Reuters today.

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Ford expects gradual improvement in U.S. sales

The October light-vehicle sales rate will pass 10 million units for the first time this year during a month that didnand#8217;t benefit from the summer cash-for-clunkers program, Ford Motor Co.and#8217;s U.S. sales chief said today.

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September sales rate will tie lowest on record, Edmunds says

Septemberand#8217;s light-vehicle sales rate will fall to 8.8 million units, consumer auto site Edmunds.com said. That would be the lowest rate in nearly 28 years, tying the worst demand on record.

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Cash for clunkers vaulted Ford sales in August, analysts say

The cash-for-clunkers program pushed Ford Motor Co.’s U.S. light-vehicle sales to the company’s second-straight year-over-year increase in August while lessening sales declines for Chrysler Group and General Motors Co., analysts say.

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Guzzler incentive could boost sales rate to 10.7 million, forecaster says

Incentive-fueled demand for new vehicles could boost July U.S. light-vehicle sales above rates already forecast to be the highest levels so far this year, an influential analyst said late Thursday.

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Clunker incentive could boost sales rate to 10.7 million, forecaster says

Incentive-fueled demand for new vehicles could boost July U.S. light-vehicle sales above rates already forecast to be the highest levels so far this year, an influential analyst said late Thursday.

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Clunker incentive could boost sales rates to new ’09 highs

Incentive-fueled demand for new vehicles could boost July U.S. light-vehicle sales above rates already forecast to be the highest levels so far this year, an influential analyst said late Thursday.

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Ford’s monthly sales fall 10.7% for smallest drop in 16 months

Ford Motor Co.’s U.S. light-vehicle sales in June fell 10.7 percent, the automaker’s smallest percentage decline in 16 months, as analysts saw signs that the industry’s two-year slide had reached bottom.

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Sales rate could hit 10 million vehicles in June, analysts predict

U.S. light-vehicle sales in June may rise to an annual rate of 10 million units for the first time this year, a sign that a two-year decline may have hit bottom.

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Toyota poised to top GM in U.S. share by 2010, study says

Toyota will come within striking distance this year of General Motors’ No. 1 U.S. market share position, while 2009 U.S. light-vehicle sales fall to 9.5 million units, a forecasting firm predicted today.

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Analysts expect April U.S. adjusted sales of 9.8 million vehicles

April U.S. light-vehicle sales will return to January levels on stable retail sales rates and fleet sales that increased from February and March, analysts say.

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AutoNation posts $34.6 million profit as sales plunge

AutoNation Inc., the largest U.S. dealership group, today said it posted first-quarter net income of $34.6 million, despite U.S. light-vehicle sales rates at more than quarter-century lows. The net income, which compares with a $50.

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March misery? Look here for glimmers of hope in the debris

U.S. light-vehicle sales crashed again in March, but there were encouraging signs amid the debris. The numbers are grim. Only 857,982 units were sold last month, nearly a half million fewer than a year earlier. That’s a 36.

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Ford plunges 49%; VW, Daimler also decline

Ford Motor Co.’s U.S. light-vehicle sales dropped 48.5 percent last month as the industry braced for what analysts expect to be the lowest February sales total in at least 34 percent. Volkswagen said its VW-brand sales fell 17.5 percent.

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Japan sales slide 4.8% as global meltdown hits home

Honda and Suzuki were the only Japanese automakers with higher domestic sales in 2008. Overall, domestic sales fell 4.8 percent from 2007. Light-vehicle sales fell to 4,920,212 in 2008, dragged down by a 13.

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Analysts: U.S. sales will fall 13 percent in ’09

U.S. auto sales in 2009 should fall around 13 percent and push some automakers closer to the verge of collapse, industry analysts said today. J.D. Power and Associates expects U.S. light vehicle sales for the year to fall to around 11.

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2009 sales: How low will they go?

Will 2009 offer any relief from this most dreary of car-selling seasons? The Detroit 3 aren’t optimistic. Ford Motor, the most bullish of the three, predicts U.S. light-vehicle sales of 12.2 million units in 2009.

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A terrible, horrible, awful, very bad year

This has been a year to make automotive forecasters weep. A year ago, prognosticators debated whether 2008 light-vehicle sales would be just above or just below 15 million units.

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