Category: Sales

By on February 18, 2010

For the first time in recorded history, Germany has more than 50m motor vehicles (all kinds) on its roads, Autobahns, and “Staus” (traffic jams.)  This according to a report released by the German Kraftfahrtbundesamt, the friendly folks who keep helpful statistics of everything car-related in Germany, in addition to the brownie-points you rack up when driving above the allegedly non-existent speed limit, and gosh, maybe with your “Handy” by your ear.

With a population of 82m, this brings the motor vehicle density in Deutschland to more than 600 per thousand pop. A respectable number, but still a far cry from the more than 800 per thousand in the U.S.A.  The report reveals more useful (or not) numbers: Read More >

By on February 18, 2010

To the victor go the spoils. Who will be the victors, and how much spoilage will be there in the protracted Toyota battle? Of course, this is all in the name of safety and the children, and any sales dislocations will be unfortunate collateral damage. Really.

As optimistic as Toyota might want to be, over the next few months, their sales will decrease. They already do decrease.  “Toyota’s US sales tumbled 16 per cent in January from a year earlier and are set to record another hefty fall this month,” reports Financial Times. Stoppage of deliveries and production, topped by a media onslaught, can have that effect.

Maybe Toyota’s ideas of an increased warranty and more incentives will work, long term, but in the short term, they’d better prepare themselves for negative numbers at the end of each month ahead.

As the first law of thermodynamics infers, energy cannot be created or destroyed, merely transposed. If customers are leaving Toyota, they don’t just disappear like Toyota‘s reputation for reliability China’s interest in US debt, they have to go somewhere. So where will they? Read More >

By on February 17, 2010

ACEA wants you to know that revised numbers of  the January European sales figures have been posted. Figures have been updated in the market table (Portugal and Hungary) and the manufacturer table (Ford Group, Ford, Volvo, Others). Nothing earth shattering. The revised PDF is here. The revised Excel sheet is here.

By on February 17, 2010

“Toyota is considering halting production at its factory at Burnaston, near Derby, because of collapsing sales amid the car company’s recall crisis,” London’s Times reports.

This comes on the heels of reported plans to shut two down two plants in the United States for a total of 14 days. According to the Times, Toyota is “reviewing production at its European factories.”

Toyotas recall led to “a collapse in sales for the world’s largest carmaker,” as the Times put it. Read More >

By on February 16, 2010

The MSM is abuzz with a rash of fresh (well, not really) deaths-by-Toyota. According to an Associated Press report (this one via Twincities.com,) “complaints of deaths connected to sudden acceleration in Toyota vehicles have surged in recent weeks, with the alleged death toll reaching 34 since 2000.” In the past three weeks alone, people told the NHTSA about nine crashes involving 13 alleged deaths between 2005 and 2010 due to accelerator problems. Without the heightened awareness, those people would have passed away unnoticed. Other fatalities loom: Read More >

By on February 16, 2010

Europe’s ACEA, the Association des Constructeurs Européens d’Automobiles, better known as the European Automobile Manufacturers Association, has finally gotten around to tallying new car sales in Europe for the month of January. Europe as defined by the ACEA consists of the EU states, plus the three EFTA holdouts, Iceland, Norway and Switzerland.

First, the good news: January new passenger car registrations in Europe increased by 12.9 percent. With the exception of Germany (-4.3 percent,) the larger markets are all sputtering along nicely: France (+14.3 percent), Spain (+18.1 percent), the UK (+29.8 percent) and Italy (+30.2 percent). In total, 1,058,868 new cars were registered in Europe.

On the market share front, the Volkswagen Group maintains to be the king of the European hill with a 20.6 percent share. Next up are PSA (14 percent) and Renault (10.7 percent). The French are getting frisky: Renault added an impressive 3.1 percent to its January market share, PSA 0.6 percent. Now for the bad news: Read More >

By on February 15, 2010

We get a lot of mail here at TTAC, and we do make an effort to get to as much of it as we can. For example, reader kevin recently wrote in to say how much he enjoyed our past market share breakdowns, and asked us to publish a chart for December 2009. Because he asked so nicely (and succinctly), his wish has come true in the form of this chart. If you have questions, comments or requests for TTAC’s staff, just drop us a line at our contact form. If you’ve already tried contacting us with something important and haven’t heard back (yes, these things do happen), just send us one more email before you give up. We always appreciate the interest, we just don’t always have time to tame the raging inbox. Meanwhile, is Chrysler really two percentage points behind Honda already?

By on February 14, 2010

Here’s something positive you may get out of the Toyota recall debacle: Cash on the hood and a Hyundai-like warranty. Reuters says that Toyota is discussing a range of options with its U.S. dealers to support sales.

Toyota already gives a $1,000 “loyalty bonus” to match monies offered by GM, Ford, Chrysler and Hyundai to Toyota customers who want to abandon their brand. Toyota is now thinking to pay a total of $2000 to returning Toyota customers, an anonymous source told Reuters. If this turns into a bidding war … Read More >

By on February 13, 2010

Don’t bogart that joint: Toyota will recall about 8,000 model-year 2010 Tacoma pickup trucks in the US. Not for unintended acceleration, or brake gremlins, but for good old cracks in the joint portion of the drive shaft, says Reuters. The front drive shafts are manufactured by Dana Holding Corp, and the affected vehicles were produced from mid-December 2009 to early February. Read More >

By on February 12, 2010

And yet again, the reports of Chinese cars flooding worldwide markets have been greatly exaggerated. The reverse is true: Chinese car exports are a disaster. China’s already anemic auto exports dropped 46 percent in 2009. That according to China Association of Automobile Manufacturers (CAAM) data reported in China Daily. Read More >

By on February 9, 2010

Given the growth this segment has enjoyed over the last year, it’s more than a little odd to see the Escape taking top honors. After all, it’s received a single refresh since it went on the market in 2000. On the other hand, fleets dug Ford last month. [Please note that the outgoing body-on-frame Kia Sorento sold 3,621 units in January 2009]

By on February 9, 2010

China’s passenger car sales in January skyrocketed an unbelievable 115.5 percent from a year earlier, China’s official scorekeeper, the China Association of Automobile Manufacturers said today. A total of 1.32m passenger cars were sold last month in China, compared with 610,600 units a year earlier. In December 2009, 1.1m units changed hands, Reuters reports. The January number is even more surprising as the China Passenger Car Association had originally figured that China’s passenger car sales rose 84 per cent in January. We compared the Reuters story with Xinhua, the official word on China, and Xinhua also says: “Passenger car sales were up 113.21 percent to 1.32 million units last month.”

Overall vehicle sales, including buses and trucks as well as cars, were even more amazing: A total of 1.66m units in January, up 126.3 percent from 735,500 units a year earlier. Keeping passenger vehicles and commercial vehicles apart is a frustrating exercise in China. Minivans for instance, and of course pickups, count as commercial vehicles. Read More >

By on February 8, 2010

GM sold a lot of compact cars in January. Gm also had a high percentage of fleet sales in January. Coincidence? We think not. [Please note: VW Rabbit sales do not include GTI]

By on February 8, 2010

As we’ve noted before, there are lots of ways to skin a segment. Here’s one of them. Notice that four of the top five sellers here are also available as sedans, the Honda Fit being the only exception. Interestingly, compact hatches tend to carry a premium over their sedan variants.

By on February 8, 2010

While Toyota is successful in hitting the target it painted on its own foot, Chinese manufacturers are setting more ambitious targets, Gasgoo reports. On the average, domestic automakers plan for 30 percent expansion. Joint venture car makers are a little more restrained. Read More >

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