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2011 Cars and Trucks
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Thanks to everyone who made 2011 another good year: the readers, the writers, the tipsters and those who kept us on our toes. Thanks also to the auto industry for providing another 12 months of news, excitement and bloopers. However you celebrate the season, we hope you have a great time. Our best wishes to [...]
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What a month! Chrysler’s September sales blew past the most optimistic analyst forecast (Brian Johnson of Barclay’s 25%) and Chrysler had the highest market share gain percentage of any manufacturer. Chrysler’s September share was 12.1 percent, up from 10.4 percent last September. Year-to-date (YTD) market share is 10.6 percent, up from 9.5 percent for the [...]
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Retail light vehicle sales figures will be released Monday, but analysts both inside and outside of the auto industry are predicting September sales will be the best since spring. The average seasonally adjusted annualized rate (SAAR) forecast by 14 analysts surveyed by Bloomberg is 12.8 million sales. Not only is that a nearly one million [...]
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Edmunds.com has cut its light vehicle sales forecast from 12.9 million to 12.6 million sales this year. Citing the Japanese disruptions, continued economic uncertainty and consumer fears, Edmunds says it doesn’t see the year’s early strength returning to the market in the remaining months of 2011. Through April, auto sales were running at a seasonally [...]
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With more negotiations between Chrysler and the United Auto Workers still to come, the terms of the new agreement between General Motors and the UAW have been made public. The entire contract runs 422 pages, but the UAW highlighted the new benefits for its membership. Jobs, investment and products: Spring Hill, Tennessee – two mid-size [...]
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Edmunds.com’s Auto Observer says the average Chrysler Group vehicle is taking five days longer to sell than it did a year ago. According to numbers published today, the average Chrysler Group vehicle spends 72 days on the dealer’s lot compared to 67 days in August 2010. Over the past year, the monthly turn rate has [...]
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