Today, Shanghai is slated to come out of a strict two-month COVID lockdown. China’s largest city, Shanghai is home to about 25 million people. The end of lockdown will permit residents to more freely move about the city,...more
As May begins, analysts are focused on the sales numbers from April to see how the auto industry fared coming out of the first full month of global coronavirus impact. All in, 24 states allowed dealerships to remain open,...more
The Chinese automotive industry is suffering its first sustained downturn in at least two decades. As previewed in our July update, sales in China started to turn over the summer. After a 4.8% increase in June, sales fell by...more
12/18/2018
/ Automotive Industry ,
Cars ,
China ,
Manufacturers ,
Motor Vehicles ,
Retail Market ,
Retail Sales ,
Revenue Growth ,
Sales ,
Tariffs ,
Trade Policy
Automakers reported strong June sales in the United States. Riding a wave of truck sales and new crossovers, GM posted a 4.6% increase for the second quarter and increased its market share to 16.6%. Ford increased total sales...more
7/12/2018
/ Automotive Industry ,
BMW ,
China ,
Ford Motor ,
General Motors ,
Honda ,
Imports ,
Manufacturers ,
Sales ,
Section 232 ,
Steel Industry ,
Tariffs ,
Tesla ,
Toyota ,
Trade Expansion Act of 1962
For years, we have been reading articles about how teen licensing rates are falling (from 88.6 percent in 1996 to 71.2 percent in 2015). We have also seen much hand wringing about millennials forgoing car ownership in favor...more
New car sales in Europe grew by 7.3% in September, marking a new record for September. This growth continued despite concerns over Brexit. In the first nine months of 2016, European Union passenger auto registrations grew by...more
Many of the stories coming out of Auto China 2016 are showcasing the SUVs and luxury SUVs at the show. Highlights include SUVs and crossover SUVs concepts from VW (VW T-Prime Concept GTW), Infiniti (QX Sport Inspiration),...more
5/3/2016
/ Automotive Industry ,
China ,
Electric Vehicles ,
Ford Motor ,
General Motors ,
Honda ,
Mazda ,
Mercedes-Benz ,
Ridesharing ,
Sales ,
Volkswagen
Automakers closed out the first quarter with a 3 percent increase over last year’s March sales and 1.59 million cars sold. Some highlights of the 2016 versus 2015 sales numbers include...more
4/12/2016
/ Automotive Industry ,
Chrysler ,
Fiat ,
Ford Motor ,
General Motors ,
Honda ,
Interest Rates ,
Mazda ,
Nissan ,
Sales ,
Toyota ,
Volkswagen
After closing out 2015 with over 9 percent sales growth year over year, European auto sales have continued to rise in January and February. Western Europe car sales rose 14 percent in February, following a January passenger...more
The automotive industry ended 2015 with a bang, breaking the record with nearly 17.5 million sales of cars and light trucks. This tops the previous record of 17.35 million cars in 2000. In all, American consumers spent $570...more
The auto industry posted the strongest October sales in ten years—and even longer for some U.S. companies. The industry is capitalizing on low interest rates and low fuel prices across the U.S. to drive record sales....more
11/5/2015
/ Automotive Industry ,
Chrysler ,
Fiat ,
Ford Motor ,
General Motors ,
Honda ,
Interest Rates ,
Nissan ,
Sales ,
Toyota ,
Volkswagen
As we posted earlier this year, car sales in the European auto industry have been on the upswing for nearly two years. This continued in July as sales rose in Germany, France, Italy, and Spain. Spain posted the biggest gain,...more