According to Edmunds, 6.5 percent of new vehicles sold had a manual transmission, more than double that of 5 years ago. What’s next? The return of diesels? Wagons?
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Tag: Sales
Lamborghini has become very bullish about the Indian market. The Italian automaker launched its second showroom in the country last week and also set up a national sales agency.
Back when we reviewed the Chevrolet Orlando, we noted that it had trouble catching up to its chief rivals, the Mazda5 and the Kia Rondo. No longer.
In the geek world we have “Moore’s law” which states the number of transistors in ICs will double every two years. In the automotive world we have the bloat law. Every generation of a vehicle will get more powerful, heavier and physically larger than its predecessor, ultimately requiring the manufacturer to design an entirely new, smaller car to fill the void left by the original.
Even as the German brands are moving away from wagons and towards freak-of-nature pseudo-crossovers like the BMW 5-Series GT and Audi Allroad, Cadillac is standing by their station wagons – and coupes, for that matter. But there may be some product shuffling involved.
European car sales are getting it on the chin. Sale in the EU were down the sixth consecutive month, with a decline of 7.0 percent compared to March last year, ACEA says. March is prime selling season in Europe, and customers refuse to buy. March registrations have not been at this level since 1998. January to March, car sales in Europe are down 7.7 percent. (Read More…)
Kizashi apparently means “omen”, sign or “warning” – it also means “something great is coming”, but the only thing on Suzuki’s American horizons is a bleak future.
China’s March numbers are in and they are – ok. The first quarter is down a little, March is up a little. People who were hoping for a return of unbridled growth are just as disappointed as those who had wished the pox of a monster crash on China. (Read More…)
A Financial Times report on the “de-industrialization” of France (sub. required), and the erosion of the country’s manufacturing base took a trip to a Peugeot factory, where the new 208 is leaving the lines and gearing up for a big launch. Peugeot has been suffering financially in recent years, amid a backdrop of a declining manufacturing industry, some employees are blaming the heavy burdens of France’s welfare state.
The Land Rover Defender may be in for a substantial “reboot”, from utilitarian niche vehicle into the brand’s volume seller, when an all-new version goes on sale in 2015.
A study by Polk found that the majority of hybrid car buyers don’t end up purchasing another one – when Toyota Prius buyers are excluded, the number of repeat hybrid customers is as low as 22 percent.
(We’re big fans of Timothy Cain here at TTAC, and now the independent sales analyst par excellence is on board with us. Welcome!)
It’s one thing to point out that Fiat 500 sales jumped 642% in March in an attempt to display knowledge. It’s another thing to recognize, with great wisdom and awareness, that such a year-over-year comparison is all but invalid given the fact that Fiat only began selling the 500 in March of last year.
The Chinese car market isn’t dead yet. China had delivered a few lackluster months and was promptly feted by the I-told-you-so crowd as the 21st century version of the limits of growth. Suddenly, the Chinese car market shows surprising signs of resilience. Sales data for March are not here yet, but TTAC’s patent-pending Chinese sales oracle has spoken: GM China. (Read More…)
Stories of Greek defaults and Italian austerity programs make you think that Europe as a whole is just about to implode. Not true at all. The export-oriented German economy profits from the still relatively low Euro. The good mood in Germany is reflected in the number of new cars that were registered in March. Germany’s Kraftfahrtbundesamt reports a 3.4 percent rise in March, compared to the same month of 2011. (Read More…)
The Detroit-Hamtramck plant that builds the Chevrolet Volt will be shut down for three weeks instead of the standard two weeks this summer, and according to GM, that’s just business as usual. Even when it’s not.
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