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U.S. November Auto Sales Rise
Keywords:
November 2012 light vehicle sales of cars and light trucks shows sales up significantly for Honda at 39%, Toyota 17%, and sales at Ford up 3%, GM 6%. GM decides to reduce production and not reduce prices with incentives that match competitors. VW sales increased 29%, Audi 24%, Daimler 13%, and BMW up 45%. Experts expect the better conditions in the U.S. auto market to continue especially as many cars that reach a life of 11 years need to be replaced. Light vehicle sales reach 1.14 million in Nov. 2012, up 15% over the prior year, and seasonally adjusted auto sales of 15.5 million are the highest since Jan 2008, according to Autodata Corp.
Is the U.S. automobile market becoming a maturing market like Japan and Germany?
08/23/2007
Are the fundamentals of the American market shifting and is the American market a maturing market like Japan and Germany. Did the carmakers create a bubble of their own in sales so that 17 million is a way way inflated number, inflated by incentives and sales to rental fleets, way beyond what the American market even with its better demographics can sustain?
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The huge turnaround in car loans and auto loan backed securities that is backing the recovery in U.S. auto sales in 2011-2013
01/02/2011
U.S. car sales are expected to be between 14 to 15 million in 2012. The recovery in auto sales is supported by a huge rebound in car loans and in the securities backed by car loans.
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U.S. June Auto Sales Keep Climbing
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The New Rules of Borrowing for Homes, Autos and College
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The increasing age of automobiles in the U.S. market with 200,000 miles replacing 100,000 as the new norm
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Automoblies last longer with reduced wear and tear for engines and other parts, as auto companies improve durability and quality. In 2012 used cars for sale that have 150,000 miles are not that uncommon. This will have an impact on future auto sales.
Grouped Articles
U.S. car sales hit record high in 2015 - The Washington Post
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U.S. Car Sales Set Record in 2015
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Younger Buyers Help Keep U.S. Car Sales Humming
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As Cars Are Kept Longer, 200,000 Is New 100,000
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U.S. Auto Makers' Party Is Braking Up
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U.S. Car Sales Climbed in June
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Honda in the U.S. auto market
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Honda has increased sales in the U.S. auto market in the downturn.
Grouped Articles
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Honda CEO Rethinks Car Maker’s Priorities
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Honda, Grappling With Quality Problems, Will Replace Its President
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Honda Quarterly Profit Jumps 38 Percent
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Honda Raises Forecast; Fuel-Saving Cars Lift Net
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Honda Moves into the Passing Lane
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BMW sales performance 2012-2014
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Grouped Articles
Luxury Car Makers Brace for Slower China Sales
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Will Paris End the Party for Luxury Car Makers?
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Wall Street Journal 04/19/2013
Luxury Car Makers Brace for Slower China Sales
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GM to Build Cadillac Plant in China
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Cadillac Drops Wreath Logo for Bolder Crest
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Lower labor costs at VW plants in the southern U.S.
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VW's labor costs at its new auto plant in Chattanooga, Tennessee, will be among the lowest in the industry. Detroit automakers plants and non-unionized Japanese plants have much higher costs. This will enable VW to price its Passat at $20,000 to compete with the Accord.
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VW quarterly results- 2011-2013
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Japanese Car Makers Lose Their Midsize Edge
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Volkswagen Aims at Fast Lane in U.S.
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Volkswagen to Invest $7 Billion in North America
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The car market in the U.S. follows the shrinking car market in Japan and Germany.
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The car markets in the largest industrialized countries Japan, Germany, and now the USA are shrinking.The car markets in Japan and Germany reached their highest sales numbers earlier than the USA and now are in steady decline. Is the US going to see a similar decline. With fewer jobs there will be less immigration into the US, and population numbers may stabilize. And people are likely to hold onto old cars longer in this economy, to save the money on car purchases for other essential needs like tution for kids, food, housing and so on. This is likely in the years ahead as unemployment exceeds 10% and stays high.
Grouped Articles
The Last Holdouts Cast Their Lot With G.M.
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The U.S. car market in 2010-2012
01/02/2011
U.S. auto sales after the crisis of 2008-2009.
Grouped Articles
Car Makers Help Drive Economic Recovery
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Toyota sales 2010-2013
12/21/2010
Grouped Articles
Toyota Bounces Back With Strong Profits
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Toyota Scrambles to Catch Up in Brazil
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Toyota's Domestic Plant Problem
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Too Big in Japan, Toyota Struggles
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Honda sales performance 2010-2015
11/29/2011
Grouped Articles
Weaker Yen Puts Japanese Profits on a New Track
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Honda Chief Warns Could Miss Key Target
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Honda, Grappling With Quality Problems, Will Replace Its President
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Honda’s Profit Drops 43% on Slow Sales, Recall Costs
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New Honda CEO Shifts Focus to Technology
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Mercedes Benz sales performance 2012-2014
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Surging sales of German automakers in the U.S. market by 2013. Sales of VW were up 34% in 2013 with the mass appeal of the VW Passat made in Chattanooga, Tennessee.
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In Sign of Strength, Audi Steps Up Investments
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VW performance
10/28/2006
Grouped Articles
Japanese Car Makers Lose Their Midsize Edge
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VW's $1 Billion Bet on U.S. Factory Sputters
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Volkswagen Aims at Fast Lane in U.S.
Wall Street Journal 10/05/2010
VW Labor Rep Blasts Car Maker's U.S. Strategy
Wall Street Journal 01/23/2014
Weak European Auto Market in 2013 Sapped Volkswagen Earnings
New York Times 03/13/2014
VW's Global Sales Rise on Recovery in European Market
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VW worldwide growth in 2010-2014
01/13/2010
Grouped Articles
VW's $1 Billion Bet on U.S. Factory Sputters
Wall Street Journal 09/06/2013
Weak European Auto Market in 2013 Sapped Volkswagen Earnings
New York Times 03/13/2014
Volkswagen Aims at Fast Lane in U.S.
Wall Street Journal 10/05/2010
VW Profit Soars on Chinese Demand
Wall Street Journal 02/28/2011
Chinese Demand Fuels VW, BMW Net
Wall Street Journal 03/11/2011
Wall Street Journal 05/23/2011
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