Archive for category Car Sales
Most of the car manufacturers are developing small but fuel efficient cars, and this is probably the reason why car sales rose in April as consumers wants to buy these cars even if they pay more on average. In order to move up sales, car manufacturers are trying to give additional discounts and incentives.
As far as the results are concern April has the strongest sign in terms of car sales but finding great deals on new cars are hard to find. The standard business price of a light passenger vehicles in U.S. was $29,583 in April, a $229 increase compare last year and $305 increase compare last month, that is based on an auto industry research and forecasting company, the TrueCar.com. Comparing the discounts and incentives for light vehicles, TrueCar.com estimated at about $2,386 in April which has a drop of $306 compare to last year and $98 down from March 2011.
Car sales in Ireland rise last March even if the oil price increases. A 5.8 percent car sales increase was recorded by the Irish Motor Industry as they registered 14,426 cars last month or 785 units increase. Ford is on the top having 1,803 cars have sold out, next is Volkswagen with 1,786 units and Toyota with 1,523. One of the best selling cars in Ireland is the Toyota Avensis, Volkswagen pair, Golf and Passat. Small cars have also large ups in terms of their car sales. A total of 1,710 vehicles sold or a 118 cars just the same to last year’s sales. Ford has sold out 481 units as they topped the light vehicle sales, next to Ford is Renault with 216 units and third is Volkswagen with 172. In terms of its new developed small cars, Ford is also on the top, followed by Volkswagen and Renault. The Ireland’s car market keeps on rising in these past months.
Car sales raised in the month of February, as the automakers said. A 37 percent increased for pick-ups, 34 percent for S.U.V.’s and 24 percent increased in the demand of small cars, according to Autodata Corporation. General Motors leads the entire car manufacturers with a 46 percent increased, as their full sized pick-up trucks hit a 66 percent while it Buick and Cadillac gains at least 70 percent. Though Chrysler sold an 86 percent in terms of pick-ups but they have only 13 percent sales gain. Toyota got a 42 percent up even though they have the two big recalls. Nissan, Hyundai, Kia had set a record in February while Ford Motors sale has an increased of 10%, excluding Volvo as they outsold the Honda Accord with their Fusion. Despite of the oil price hike, Ford has still a plan to increase its production at about 9 percent in the 2nd quarter. Though GM, Ford and other car developers have made an extraordinary models as far as small cars is concern but still they are less profitable compare to trucks and S.U.V.’s.
After a big boost in 2010, car sales hit the market again at the start of 2011. The leader of the passenger car, Maruti Suzuki has gain sales after a slight sag in December 2010. The company has a growth at about 15% at 109,743 vehicles, including exports. And after 10 months they have crossed the 1 million sales mark at 1,037,408 units. Tata Motors’ passenger vehicle division increases their sales at 14% with a total of 32,386 units (30,212 Tata and 2,174 Fiat) in domestic sales in January. They have also sold 6,703 units (68%) of Nano but still it did not meet their expected sales at 7,000. Mahindra and Mahindras’ passenger cars have a 15% raise in its sale (includes Logan and utility vehicle). Logan has recorded its biggest sales in the last 28 months, with 1,120 units. Hyundai Motors has recorded their small lift in sales at about 2.4%. Compare to the previous months 383 units, Volkswagen sold 5,601 units in January this year; including Polo and Vento models. “We look forward to further strengthening the position of both our volume models in the coming months and ensure a good growth rate of our premium models in the market”, Neeraj Garg said, member of board and director, Volkswagen passenger cars. With Figo’s success, Ford India has sold 10,026 units compare to 2,453 units in January last year. Toyota Kirloskar Motor’s grew their sales to 53% at 9,185 units, including 1,651 units of the newly launched Etios.
The lack of scrappage scheme in the past few years may be the reason of the 18 percent drop in car sales last 2009. Most experts said that the Scrappage Incentive Scheme in March 2009 is the main reason why car sales go down. But as of 2010, car sales in Britain increased at about 1.8%, it was the first time to reach these sales since 2007. It takes almost 3 years to overcome this drought. This achievement is a good sign to all car manufacturers and dealers. Ford was the best selling brand in 2010 and Ford Fiesta is their best selling car. Next to them is Vauxhall and their best selling cars are Astra and Corsa. This success may also contribute to have a better economy in the future.