Tag Archives | auto sales

US auto sales reward agility in spotting opportunities

We are now into the seasonally weaker selling part of the year for US auto markets, as the chart shows.  The big months for volume are always March - August, and then sales slow until December – when manufacturers offer ‘special deals’ to boost their annual numbers. On this basis, October seems to have been a […]

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India’s onion harvest boosts auto sales: Japan’s sales gently decline

The blog’s pre-Budget Outlook review of the major auto markets concludes today with Japan and India.  Together they are 10% of the global market.  But their development is an excellent example of how reality can overtake the wishful thinking of policymakers: Japan (red line) is the larger market.  It has lived through countless government stimulus […]

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US auto market driven by used car sales trends

September wasn’t such a good month for US auto sales, as the chart shows.  It was the first time since May 2011 that sales were below those of the same month in the previous year.  Was this just a blip, explained by the fact that August was strong due to Labor Day being very early in […]

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European auto markets head in a new direction

The European auto market continues at 20-year lows, with sales down 4% in January – September.  Whilst September’s sales appeared stronger, up 5% versus 2012, this was only due to Spain and the UK.  Spain boosted volume by 10k due to a €2.7k ($3.7k) government hand-out for people trading in an older vehicle.  Whilst UK volumes were up 40k due to a credit […]

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China’s auto sales rise as bank lending booms

Autos are now the largest single manufacturing industry in the world.  Not only do they directly and indirectly employ vast numbers of people, but they are also increasingly key to consumer spending.  Thus it is no surprise that governments have tried to increase auto sales since the Crisis began in 2008. China is the prime example of […]

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EU auto sales at lowest-ever level, with average car used only 1 hour per day

Europe goes on holiday during August, so we have to wait – with not quite breathless anticipation – until September to see official ACEA auto sales figures for July and August. Unfortunately, they contained no real surprises.  July (red square) managed a small increase versus 2012 levels (green line), but August sales then fell back […]

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India’s auto industry “continues towards downwards path”

Car companies are normally optimistic.  You rarely hear them saying that things are saying that things are bad – they prefer instead to focus on how things are just about to get better. This makes recent statements by India’s auto manufacturers association even more remarkable.  August sales data was announced in a press release headed “Auto Industry […]

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China revises down H1 auto sales by 9%

China’s state media have published major revisions to reported auto sales data for H1, and for the equivalent period in 2012.  As far as the blog knows, these have not been noticed elsewhere, so it seems worth providing more detail on the changes that have been made.  Auto sales are a vitally important market, and these changes are quite significant, […]

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All autos May13.png

Global auto sales up 3%, as China’s luxury market stalls

Auto sales data is now available for the first 4 months of the year, covering the 5 key markets of China, US, EU, Japan and India. These account for 75% of global sales. As the chart shows: • Demand patterns in 2013 (red line) have been more volatile than in 2012 (green) • Total demand […]

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India autos May13.png

India’s auto sales fall for record 6th month

As the above chart shows, India’s auto sales have now fallen for the last 6 months versus the previous year. According to India’s auto association, this has never happened before (sales data was first collected in March 1998). This is another symptom of India’s slowing GDP growth, with the government estimating Q1′s level at just […]

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