Since we’re right here in the United States, we’re going to look at the “Detroit” automakers first. FCA was arguably the best performing company last year, with strong year-end finishes from Ram, Dodge, and Jeep. One factor in FCA’s results is that it is close to becoming a pure-play light […]
For many years, van sales in the United States were fairly dull; Ford and Chevrolet took nearly the entire market with ancient, inefficient designs, and Mercedes/Freightliner/Dodge took the rest with the Sprinter, a modern, efficient, and unreliable design. Today, the competition is red-hot, mostly because companies realized that to get […]
Reports that cars are dead have been grossly exaggerated. The market for sedans and coupes is falling fast, but there are still hundreds of thousands of buyers in the United States. The #1 best selling car in America, the Toyota Camry, may be down by 9% from last year (year-to-date), […]
Car and truck sales in the United States were quite good last month, with new models and heavy discounting bringing an industry-wide 5.2% gain in volume — bringing the year’s gains, over six months, to 2%. One of the big winners was Fiat Chrysler, with an 8% overall gain and […]
On Wednesday, Ford announced a new, more aggressive cost-cutting plan that will have a significant impact on its U.S. product lineup. 110 years after it began production of the first mass-market automobile, the Model T, Ford is exiting the mainstream passenger car market in the U.S. and Canada. In the […]
Double-digit gains reported by FCA and General Motors added nearly two percentage points to the Detroit automakers’ share of the U.S. light vehicle market. GM delivered the largest increase of any major car company with total sales up 16%, followed closely by FCA’s Jeep-fueled 14% growth. Ford sales rose about […]
According to figures released this morning, Jeep sales jumped nearly 45% in March as deliveries of the Compass exploded by triple digits and propelled the brand to a new monthly benchmark. Compass turnover skyrocketed 553%, and sales of every other Jeep model were up by double digits. Jeep Sales for […]
In a surprise late announcement today, General Motors said it would stop providing monthly sales figures for the U.S. market. GM will continue reporting monthly sales for the Canadian market, where it currently trails FCA and Ford in year-to-date deliveries. The company said the move is due to monthly sales […]
Renault, Nissan, and Mitsubishi — all bound together now — jumped ahead of Volkswagen, Toyota, and General Motors to become the world’s largest automaker. For many years, that place belonged to GM. Volkswagen, though, having gained Audi, Skoda, Seat, and Porsche, started battling Toyota for first place when they grew […]
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