Tag Archives: record sales

Record Sales! But...

As has been reported all over, it looks like the Automotive industry will set some sales records in 2016 (see here, here, and here for example). As summarized by JD Power, “The full-year sales forecast of 17.5 million units would surpass the total from 2015 by about 5,000 units. Light trucks figure into the upsurge, along … Continue reading this entry

Presentation Recap: Car Wars

“A [not so] long time ago in an automotive industry [not] far, far away,” John Murphy, Research Analyst for Merrill Lynch delivered his popular annual “Car Wars” presentation in Detroit on May 10th. This was the 26th year of the report (which began in 1991), which is not quite as old as the 39-year old … Continue reading this entry

American Car Manufacturers Benefiting From Surge in European SUV Sales

After closing out 2015 with over 9 percent sales growth year over year, European auto sales have continued to rise in January and February. Western Europe car sales rose 14 percent in February, following a January passenger car sales increase of 6.2 percent. Once all the final numbers are tallied, February is expected to be … Continue reading this entry

Auto Industry Record-Breaking Sales Close Out 2015

The automotive industry ended 2015 with a bang, breaking the record with nearly 17.5 million sales of cars and light trucks. This tops the previous record of 17.35 million cars in 2000. In all, American consumers spent $570 billion on new cars. This is a significant comeback from the low of 10.4 million cars consumers … Continue reading this entry