Tag: auto sales

July 1, 2022

Supply-chain kinks continued to suppress vehicle inventory and sales in the first half of the year, exacerbating a seller’s market that has pushed new-car prices to record highs. Sales of new vehicles in the U.S. during the first six months […]

October 13, 2020

Sales of new light vehicles in China continued to recover last month from the shock of the coronavirus outbreak that ravaged the country in the first quarter. In September, demand for sedans, crossovers, SUVs, multi-purpose vehicles and minibuses rebounded for […]

April 21, 2020

The coronavirus pandemic continues to take its toll on the global auto industry as plants remain shuttered and consumers remain sheltered at home. IHS Markit lowered its global auto sales forecast on Tuesday, saying it expects global vehicle sales to […]

March 30, 2020

But it said it planned to go ahead with global expansion, despite lower sales and net profit for 2019, when the country’s auto market suffered a slump, even before the novel coronavirus led to lockdowns that have paralysed economic activity […]

March 25, 2020

U.S. auto sales are expected to fall at least 15% this year as the country implements more aggressive restrictions to prevent the spread of the coronavirus, threatening an already-stressed autos industry, according to new research from IHS Markit. The COVID-19 […]

March 12, 2020

DETROIT — Fears of a U.S. sales slowdown in auto showrooms due to the coronavirus outbreak that has spread globally are appearing in analysts’ forecasts, but industry executives said the pandemic has yet to affect demand or factory production. Officials […]

January 6, 2020

DETROIT — U.S. auto sales declined more than 1 percent in 2019 but topped 17 million for an unprecedented fifth consecutive year. Ford Motor Co., the final automaker to report its results, said its fourth-quarter sales slipped 1.3 percent to […]

June 3, 2019

FCA US, Toyota Motor Corp., Nissan Motor Corp. and Subaru posted higher U.S. sales in May behind another strong month for light-truck demand. Sales slipped 4.9 percent at Honda Motor Co. on weaker car deliveries. At Toyota, deliveries increased 3.2 […]

March 28, 2019

New U.S. light-vehicle sales are projected to fall for the third straight month in March as the industry’s winter chill seeps into spring. Estimates from four forecasters call for declines between 1.5 percent and almost 7 percent from March 2018. […]

December 21, 2018

U.S. light-vehicle sales are expected to finish the year up slightly from 2017, defying forecasts that almost unanimously called for the industry to post a second consecutive annual decline. Higher fleet deliveries, low unemployment and Tesla’s rapid production ramp-up are […]

February 28, 2018

Forecasters expect February auto sales to fall a couple of percentage points below February 2017, with no letup in the consumer trend towards trucks and away from traditional passenger-car styles. Based on shopping earlier this month, LMC Automotive and J.D. […]

December 5, 2017

Wall Street analysts are taking a big picture approach to auto sales next year, rather sanguine about an expected decline in light vehicle sales in 2018. My colleagues at Cox Automotive, economists Jonathan Smoke and Charlie Chesbrough, emailed me some […]

August 2, 2017

U.S. auto manufacturers reported a seventh consecutive month of year-over-year sales declines on Tuesday, but the outlook may not be as dire as the numbers indicate: Car companies are meanwhile shifting their business toward a more profitable mix of models, […]

November 1, 2016

General Motors, Fiat Chrysler and Nissan Motor Co. posted drops in U.S. car and light truck sales in October in what is forecast to be a third consecutive monthly decline for the industry. GM fell 1.7 percent as it continued […]

September 30, 2016

U.S. new-vehicle sales are projected to decline for a second consecutive month, even as incentive spending reaches a record high. The forecasts reinforce the notion that industry sales have leveled off after six consecutive years of gains coming out of […]