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  • Jaguar Land Rover US sales rise 217% in November 2016
    05 Dec 2016

    Tata Motors' Jaguar Land Rover November 2016 US sales included a 217% year on year rise in Jaguar volume to 3,381 units. Land Rover sales reached 5,659 units, the second highest November on record but down 13% from the record 6,539 units in November 2015. Sales for both brands rose 19% to 9,040 units, a JLR US market record for the month. Year-to-date JLR US sales rose 23% to 92,531.  Joe Eberhardt, president and CEO, Jaguar Land Rover, North America, said that the company is proud to report a 19% unit sales increase for Jaguar Land Rover for the month, and a 23% increa...

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  • Green car sales rose again in November!
    05 Dec 2016

    If you want to analyse the US green car sales for November, you first have to start with the fact that Volkswagen stopped selling its diesel vehicles for a year now. That means that, statistically, demand levels for hybrids, plug-ins and diesels in November could finally be measured on an even playing field for the first time in 2016. But there's more to the story of what was easily this year's most impressive month for green-car sales.  Americans bought more than 39,000 green cars in November, marking a 26-percent surge from a year earlier. For comparison purposes, October a...

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  • Automakers managed to make the largest YOY sales gain since February
    04 Dec 2016

    After three consecutive declines, automakers managed in November to make the largest year-over-year sales gain since February, posting a 3.6 percent gain. However, it took a big jump in incentives to make that happen. Those heavy incentives – now amounting to more than 12 percent of the industry's average transaction price – might be enough for 2016 to topple last year's record by a razor-thin margin. Going into December, U.S. sales were just 6,418 vehicles ahead of last year's pace, an increase of 0.04 percent.  November and December have become big months fo...

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  • Light cars are in trend again?
    04 Dec 2016

    Analysts didn't expect light vehicle sales will be this strong this November. The annualized selling rate adjusted for seasonal trends reached 17.8 million, the second-fastest pace of the year. While that pace is off from 18.1 million a year earlier, it’s faster than any analyst estimate in surveys. The average projection was for a 17.5 million rate.  Automakers’ results released are giving investors new evidence to determine whether the industry’s expansion is coming to an end after a record 2015 -- or if there is more room for economic-driven growth. Concerns ...

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  •  November U.S. car sales rose to a new record
    01 Dec 2016

    U.S. car sales rose more than we were expecting it will be in November, we had an increase of 3.7% of the industry sales, it shattered a record for the month that was set in November 2001.  Auto sales rose at a seasonally adjusted annual rate of 17.87 million. Economists had estimated that sales rose at a 17.7 million rate. The sales were aided by two extra selling days from a year ago and fueled by Black Friday promotions and while there was concern about shaken consumer confidence after Donald Trump was elected president earlier in the month, car buyers apparently did not hold back.&nbs...

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