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Ford has reported a 9% drop in second quarter last week, this is how the auto industry analysts got scared that car sales will slow down after 7 years of prosperity. Now the official U.S. sales have aired and it seems that the industry has really reached a plateau. Company July 2015 July 2016 % Increase Fiat Chrysler A. 181,081 181,538 0.30%Ford Motor Company 222,014 215,268 -3.00%General Motors 272,512 267,258 -1.90%Mazda North America 27,157 27,915 2.80%Honda Motor C...
Toyota Corolla is the new big hit in the auto industry, the new model has ended the Hyundai 130's record four-month winning streak. After the Korean car brand has removed the discount of $7500 on Hyundai models, it was pretty obvious that a new king-car is gonna take its place and this time it's Corolla. An 11-year sales high in June across all small vehicles has been posted by Hyundai i30, but it took a massive down this month by a staggering 65 per cent, from 6400 to just 2200. Hyundai costs at around $19,990 with its big discount, but once the discouns was done ...
Despite the ongoing emissions scandal and slumping U.S. sales, Volkswagen Group overtakes Toyota as the largest automaker in 2016's first half. Its sales volume raised 1,5% from the year-earlier period to 5,11 million vehicles. Of course, the scandal involving Volkswagen's diesel models has had a significant impact on sales, but the automaker's Audi luxury brand and mass-media market Skoda brand did well. This was due to the fact that consumers in Europe were less aware of emissions problems with those two brands. China, being the world's largest automobile market, ...
We are all waiting for the July car sales report to be revealed at the beginning of August, it is expected to set the stage for a robust second half of the year in dealer showrooms, according to our monthly forecast. We consider that it will be the best July for the last 11 years. The sales for this month will reflect a 0.7% increase from June 2016 and a 0.8% increase from July 2015, it means it will result in an estimated seasonally adjusted annual rate of 17.8 million. July sales suggest that 2016 is gonna be a great month for car sales just like last year's record-setting sal...
All of the recent calm in global markets owes a lot to the U.S. consumer, with rising retail sales which helped on becoming the world's largest economy in June. Even so, we've got a very weak spot now and speaking about that we mean- slowing car sales, it's unclear now which market segment will pick up the slack. The U.S. consumption revelations show that car industry is at its peak now, which means it's in trouble. As you can see on the charts from the pictures, U.S. retail sales represent 20% of overall spending, after groceries at 13%. Demand ...
