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There is still much space for the US auto sales to grow. Many car industry leaders have expressed their worries that the six-year expansion is about to lose steam. The analysts believe that the peak has passed, but car makers are still not ready to accept that. The seasonally adjusted, annualized rate of sales, a broad measure of the industry's health, peaked at 18.15 million light vehicles during the current cycle in October 2015. The pent-up demand following 2008-9 downturn has been exhausted, at least that's what economists think. Because of that they have predicted an anticipa...
It's not a secret that the auto sales cycle may be turning stormy. Still, that doesn’t mean it is time to batten down the hatches. For those with a little faith in the future, Nissan Motor looks like a bargain. The U.S. auto sales appear to have downshifted for now. This spells tough times for Japan’s auto makers, which count the U.S. among their biggest markets. Toyota Motor Corporation is also feeling more profit-sapping pain from the strong yen. This is due to the fact that a large portion of the vehicles it sells in the U.S. are imports from Japan. Honda and Niss...
After a strong run in US of Porsche vehicles, an abrupt slow down has come to the company in July, followed of course by low sales. Porsche's sales have fallen 18% the previous month, which was a stagnant moment for the brand. Even the wide range of SUVs like Cayenne and Macan couldn't save the company from this powerful plung. As it was officially revealed the Porsche cars North America which imports and distributes models like: Boxter, 911, Cayman, Panamera and the two previously named, a bit more than 3870 vehicles were sold in July, that is less than expected. The d...
Mercedes is more than 11,000 sales ahead of its two main rivals this year through July. The demand for its SUVs has helped the brand pull away. BMW, which has been the annual leader during the past two years, has been hamstrung by its greater reliance on cars, while Lexus has made gains in SUVs but has seen its car sales tumble. Mercedes reported record July sales of 28,523 vehicles, increasing 3.6% from the 27,526 vehicles sold during the same month last year. Mercedes-Benz Vans also reported best-ever July sales with 3,272 units, and smart reported 493 units, up 11.8%, bringing MB...
It seems like the energy independence is getting stronger in the US car market. The leading company that has brought this modernization into the country is Tesla Motors. There are of course and other companies which had positive impact on the hybrid-cars sales like Chevrolet. This July can be called a memorable month for green cars thanks to the 48% surge, mostly on Tesla vehicles, but we need to not forget also about Chevy Volt, BMW i3, Ford Fusion Energi and Chevy Spark EV. Other EV models have also felt a powerful sales growth, but even so their volumes are smaller than the ...
