Tag Archives: Sales

SUV Sales Again Carrying the Auto Industry

SUV sales
If it seems like déjà vu, it’s not just you: SUVs are again leading the charge on new vehicle sales.  Buoyed by low gas prices and growing millennial families, SUV sales have increased by 6 percent from 2016 to 2017 (through October)—even though the overall car market has declined by 2 percent during the same … Continue reading this entry

Automotive Supplier Industry Gathers with "Industry at a Crossroads"

OSHA Turns Its Sights on Auto Suppliers
The Original Equipment Suppliers Association (OESA), the leading U.S. trade group representing automotive suppliers, convened its 2016 Annual Conference on November 2nd under the theme: “The Industry at a Crossroads.” The title reflects two basic crossroads facing the industry today:  the crossroads of the evolution to connected and autonomous vehicles, and the crossroads of an … Continue reading this entry

European Union Posts September Car Sales Record, Asian Markets Continue to Grow

New car sales in Europe grew by 7.3% in September, marking a new record for September.  This growth continued despite concerns over Brexit.  In the first nine months of 2016, European Union passenger auto registrations grew by 8%. Italy, Spain, and Germany posted the largest growth, while France, and the UK also continued gains for … 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

As Analysts Predict Slowdown In Sales Growth, Auto China 2016 Showcases Rise of SUVs in China

Many of the stories coming out of Auto China 2016 are showcasing the SUVs and luxury SUVs at the show. Highlights include SUVs and crossover SUVs concepts from VW (VW T-Prime Concept GTW), Infiniti (QX Sport Inspiration), Mazda (CX-4, only sold in China), Honda (Concept D), GM (Cadillac XT5), Ford (Everest SUV), and Mercedes (GLC … Continue reading this entry

Automakers Report Increased March U.S. Sales, But is the Pace of Growth Slowing?

Automakers closed out the first quarter with a 3 percent increase over last year’s March sales and 1.59 million cars sold. Some highlights of the 2016 versus 2015 sales numbers include: Nissan: 12.7% monthly increase, 8.9% quarterly increase. Fiat Chrysler: 8.1% monthly increase, 8.9% quarterly increase. Ford: 7.8% monthly increase, 8.4% quarterly increase. Honda: 9.4% monthly … Continue reading this entry

Did You Order Your Tesla Model 3?

If you did not order your Tesla Model 3, it might feel like you are the only one. In just the first weekend, Tesla got 276,000 orders. That is a pretty astounding number. It is even more impressive when you consider that the cars will not be delivered until late 2017, at the earliest. The number so … Continue reading this entry

Suppliers: Be Ready When Technology Companies Come Knocking

It is hard to believe that just two years ago, it was news that so many auto companies were attending the Consumer Electronics Show (CES). In contrast, last week’s 2016 CES show featured a full 25% of its keynote speakers from car companies. The Wall Street Journal went so far as to proclaim that “Driverless … Continue reading this entry

Automotive Industry on Track for Most Sales Since 2007

Those tracking sales for Automakers got good news from July. This continues a positive trend that we noted recently (http://www.dashboard-insights.com/2013/06/24/automotive-economic-indicators-show-promise/#more-). Strong sales now project to hit levels not seen since 2007. Many of the statistics have been reported all over, so we thought that we would highlight a few that we here at the Dashboard found most notable: … Continue reading this entry