Posted on 02/01/2013 4:56:09 PM PST by nascarnation
The U.S. new car market was up strongly in January. GM and Ford surprised analysts with double digit sales rates. Toyota, up 26.6 percent also surprised.
GM is up 16 percent on very strong sales of the Equinox and its Silverado and Sierra pickups.
Ford prints a 22 percent increase, powered by the Fusion. Lincoln sales are down 18 percent while customers wait for the MKZ to arrive in quantity at their dealers.
Chrysler was up 16 percent, but jaded analysts expected more.
Detroit OEMs and analysts expect the SAAR to be in the mid 15 million range
(Excerpt) Read more at thetruthaboutcars.com ...
You do if you’re receiving government benefits and have someone else living with you in the same household footing bills whose income you didn’t report when you applied for them...
Yeah, huh. I just put a new fuel pump in my 1999 Ranger last Friday. Not the whole works—just the pump. It was all I could afford.
..people want to take advantage of tax laws for 2012...2013 brings OBAMAWORLD taxes...they pulled their money out in 2012
I might not have made the trade if Romney would have won instead of obama. As it is, I'm preparing for the worst and this was spend money to save money while I still find the money to replace an old 18 mpg van.
Fortunately, this OB has been awesome and came with no buyer's remorse whatsoever. I wish I had traded sooner.
Lovingly manufactured by (non-union) Hoosiers in Lafayette, Indiana. Well done.
Let’s see how many are buying next year after paying $20,000+ for health insurance.
Here, only lesbians buy Subarus but I do like the vehicles, other than that.
Anybody faced with that number will punt and take their chances with the IRS penalty.
Betcha more than half of the sales were within that 50 miles radius of D.C. !!
Can we learn the where?
Those who can afford it will find new cars unbelievably good all around, very enticing.
The top-selling vehicles in most categories are ‘can’t go wrong’ choices.
http://www.goodcarbadcar.net/2013/01/2012-usa-auto-sales-rankings-by-model7.html
Not surprised at all.
Brass and full metal jacket lead are the rarest of metals.
Saddle up boyz...Obama is coming for us soon!
Did Uncle just purchase a new fleet?
Just bought yesterday. Needed a better option.
I've heard that. Hmmm...apparently I now share both their preference for women and cars.
Does that mean I could be a male lesbian? Sounds like a protected class...can I get subsidy and a government check for that?
Zero interest here even if I could afford it --- can't work on 'em (other than plugging in the ODB-II cable). Also can't stand the pussified, weenie, metrosexual styling.
http://www.cbsnews.com/8301-505123_162-43140309/gay-friendly-cars-is-subaru-number-one/
...According to Joe LaMuraglia, a former Nissan employee who now serves as Gaywheels.com’s publisher, Saab deserves special mention as the brand most over-represented among gay and lesbian buyers. The Sweden-based General Motors subsidiary has only a tiny .1 percent of the U.S. market, but gay men are 18 times more likely to own one than is the general public. Lesbians are 11 times more likely to own a Saab.
The brand preferences diverge after Saab.
For lesbians, the number two brand in terms of over-representation is Scion, followed by Jeep, Subaru and Saturn.
For men, it’s Audi, then Mini, VW and Jaguar...
Isn’t there a phenomenon, a hallowed tradition in the auto industry, something called stuffing the pipe?
Trading in vehicles soaked by hurricane Sandy?
Trading in vehicles soaked by hurricane Sandy?
Channel stuffing games!!!
FWIW, I don’t like the ‘sitting in a bathtub’ interiors popular now either. But that doesn’t mean they aren’t great transportation.
These are retail sales, channel stuffing is wholesale numbers.
What does it tell you that Saturn and Saab (I think) are defunct?
These are retail numbers.
Channel stuffing is pushing cars onto dealers which is wholesale numbers.
My thoughts exactly, except that the only car companies who have resisted pandering to gays are Hyundai-Kia and the now-defunct Suzuki.
BTW those vehicles are in salvage lots, not being traded in.
Thousands and thousands of them
I didn’t realize that. Full disclosure: I own a Suzuki 4WD and use it offroad like an oversize quad.
Still a lot of new 2012 Suzukis for sale, and the company is fine financially worldwide so parts should still be available. Motorcycles, ATVs and marine products will still sell here.
I mean I didn’t know about the lack of pandering. Knew about U.S. Suzuki Automotive’s decision. A dealer here has been trying to sell a new 2012 Equator pickup for about $22,000 since maybe late December and hasn’t had any takers. One problem with Suzuki’s parts distribution (in automotive) is that they have always tended to run out of high demand (poorly designed) parts, like the heater control on my Sidekick. I had to make one.
Isn’t the Equator about 97% Nissan Frontier content?
That should make the parts available via them, no?
I don’t believe it in the least. About a month ago or so, I wrote an observation about the number of cars and trucks on the dealers lots. The number of cars and trucks on the lots have not gone down, they have increased. They are over flowing the dealer lots and are being parked on adjacent lots and fields. What Government Motors has done is shipped the vehicles to the dealers and counted them as sold. Gigantic management and employee bonuses are in the offing because of the double digit “sales”. Watch the next 6 months and wait for the “unexpected” drop in Government Motors sales.
That’s crazy. Don’t people know that the Suzuki Equator is/was built by Nissan? It is a re-badged Nissan Frontier. If it’s 22K for 4x4 crew cab that is a killer deal. Where is it so I can buy it! I’ve owned two Frontier’s and the 05 and up are awesome trucks
It is based on the Frontier but with a lot of cheaper substitutions, especially cosmetically. I didn’t mean that customers would have trouble getting Equator parts any time soon anyway. Ten-15 years down the road, yeah, you will probably be using a lot of Nissan parts, except for emissions-related stuff which you might have trouble installing in some states. Other disclosure: I still run a 1986 hardbody — has never had any significant work other than normal maintenance. Drive it most days especially recently.
No, not a crew cab and I don’t believe it’s a 4WD (not positive). It may not even have A/C, which is not standard on the Equator.
Originally Posted by General Motors Corporation 2007 Annual Report
“REVENUE RECOGNITION
Automotive Sales
Automotive sales consist primarily of revenue generated from the sale of vehicles. Vehicle sales are recorded when the title and risks and rewards of ownership have passed, which is generally when the vehicle is released to the carrier responsible for transporting vehicles to dealers.” Matters not whether units or dollars.
I’m also tickled that Hyundai and Kia aren’t pandering to gays.
Kia is headed upscale with the new Cadenza (entry-level luxury) and the true-upscale Quoris.
That’s what I thought also. Was a thread a few years ago on another board on the subject.
A lot of people in the US think happy days are here again and have started to spend money and credit again.
http://www.zerohedge.com/news/2013-02-01/spot-odd-one-out
As for cars, the Volt apparently lost quite a bit of volume in January.
I think you’re confusing wholesale numbers (used for the corporate financial statements) with retail numbers (used as an indicator of consumer economic activity).
Sites like wardsauto and autonews track unsold inventory. Industry wide, inventories are trending down.
GM and Chrysler have high overall inventories from ‘stuffing the pipeline’.
A few other companies like Mitsubishi and Volvo have big supply just due to slow sales.
Most other companies are doing fine, with BMW, Audi and Subaru especially short on inventory.
Many really don't. If I read my search engine queries correctly, 25% of all new car loans are subprime. 40% of the used car market is subprime.
Very impressed with the new XV Crosstrek (from what I have read). It is actually has a tad more ground clearance than my Sidekick (stock). Now, if it only had low range. Guys take Subarus up in the mountains here in places you’d never think they could go (I guess it isn’t really only lezbos that buy them).
Enjoy your new Subaru!
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