Though official U.S. October car sales numbers won’t be available until the beginning of November, analysts are predicting that this month’s increased car sales will mean better new-car prices for car shoppers in coming months.
BMW, Mercedes-Benz, Hyundai/Kia and Volkswagen are all seeing a sales growth in October over last month, according to Auto Observer. Though General Motors’ overall October sales are down by 3 percent, Chevrolet is having its best third quarter sales in a ...
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Good October Sales May Mean Better Future Car Prices
Though official U.S. October car sales numbers won’t be available until the beginning of November, analysts are predicting that this month’s increased car sales will mean better new-car prices for car shoppers in coming months.
BMW, Mercedes-Benz, Hyundai/Kia and Volkswagen are all seeing a sales growth in October over last month, according to Auto Observer. Though General Motors’ overall October sales are down by 3 percent, Chevrolet is having its best third quarter sales in a ...
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Mixed June Sales Forecasts Mean Buyers Should Wait
The final numbers for June auto sales aren’t out yet, but analysts are forecasting a mixed bag. According to Edmunds, Chrysler, Ford, GM and Nissan are expected to beat their June 2010 sales, but Honda and Toyota should see their June 2011 sales fall compared to the same month a year ago.
Part of the reason for the mixed bag is inventory problems. “I was looking at the actual number of vehicles available for sale on dealer lots,” writes ...
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Car and Truck Sales Likely Improving
Though official sales numbers likely won’t be released until later this week, it looks like June car and truck sales have rebounded after an ominous dip in May. Analysts expect sales reports for June 2011 to be better than both May 2011 and June 2010, as the industry sheds the effects of Japan’s March earthquake and sky-high gas prices.
Though May sales slumped by about 3.7 percent from April 2011, according to the Wall Street Journal. J ...
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Cool Small Cars Lead to Hot Sales
Small cars are finally getting some respect from consumers. In May, small cars were the second most popular type of vehicle sold in the U.S. with a market share just 0.7 percentage points behind SUVs, the most popular vehicle category in May. “Small cars are becoming more fashionable now,” says Jesse Toprak, vice president of industry trends and insight at TrueCar.com. “The biggest change in the last three years has been the fact that before then, you ...
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May Car Sales: Hyundai Moves to Third Place, Incentive Spending Down
We’re still a week away from when automakers will report their May 2011 sales, but our friends at TrueCar.com have released some interesting early sales estimates. They project that the third largest market share will go to Hyundai/Kia, beating Honda, Toyota, Nissan and Chrysler. Hyundai and Kia managed to get the number three spot even though TrueCar reports that they spent less on incentives than all of those brands except Toyota, showing that consumers are drawn to ...
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