Europe In June 2010: Back To The New Normal
July 15th, 2010 admin
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The ACEA has released their European new car statistics for the month of June. One look at the picture tells you what is happening: With the cash for clunkers effects slowly working their way out of the system, Europe is settling into a new normal. In June, the market was down 6.9 percent, but for
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Edmunds has released its “true cost of incentive” index for June [via BusinessWire], and once again, GM took the top spot, followed by Chrysler and Ford. Detroit accounted for 61.3 percent of all incentive spending last month, with Trucks and Premium Sportscars attracting the highest incentives.Says Edmunds’ Michelle Krebs: Last...
Japanese new car sales rose 20.6 percent year on year to 293,537 units in June, up for the 11th straight month, the Japan Automobile Dealers Association just told The Nikkei [sub]. And the best part is: Japan appears to says “ja ne” (see ya) to frugality. Standard-size vehicles are up 29 percent, compact cars grew only
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Because we are halfway through the year, we’re mixing things up a little by comparing June sales to six-month totals instead of to June 2009 sales. Toyota takes the C-Segment crown with the one-two punch of its mixed Corolla/Matrix sales. A breakout here would be nice, but since Toyota’s not offering, we’ve included the HHR
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Posted on 08.22.2010 18:00 by Bryan Usrey Filed under: General Motors (GM) Opel | Europe | industry news | Cars | Car News With North America taken care of, General Motors is turning its attention to the European market, where the company is struggling with high operating costs with its Opel and Chevrolet brand. The European vehicle lineup is...
Look at our overall June sales numbers, and it’s clear that Daimler beat BMW Group last month (with help from an estimated 11 Maybach sales). By brand though, BMW won the volume game by nearly 1,000 units, with Lexus about another 1,000 units behind Mercedes. In general though, things were good in the luxury sector
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Now we know why Daimler’s Zetsche said that “2010 could become the best year in the history of the automobile.” Daimler is celebrating record numbers. Never in recorded history had Mercedes-Benz sold more cars in a June than in the last June, says DPA (via Ad Hoc News.) Due to high demand in China and
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Join CDN live from the RCA on 24 June 2010
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China Car Times reports that “Whilst the Chinese auto market is down as a whole,” (well, it’s not “down”, a growth of 23.5 percent in June is not “down”, and a growth of 48.2 percent in the first half year isn‘t “down” either – it just cooled off a bit, in a Chinese way) “there
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The monthly Chinese car sales number confusion is finally over. The China Association of Automobile Manufacturers CAAM has spoken their official word on June 2010 motor vehicles sales in the Middle Kingdom. We nearly lost confidence, but again, our patent pending sales oracle has been proven right. A week ago, our oracle said “that the
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Auto Observer: Buckle Up, Industry Recovery Is Going to Be Bumpy When June figures showed total industry vehicle sales dropped 10 percent from May and were up just 14 percent compared with a feeble June of last year, it became more or less official: the auto sector recovery – you know, the one that was supposed to be well underway by now...
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