April 1: Japan and Korea auto sales fall / slump

bwilson4web · Apr 1, 2013

Just an inoculation:

Japanese vehicle sales fell the most in six quarters after government subsidies ended, while deliveries in South Korea extended their slump.
. . .
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Source: Japan Auto Sales Fall on End of Subsidies as Korea Extends Slump - Bloomberg

These are auto sales in their respective countries. In the USA, sales are more likely to show a dip from the initial 'sequestration' effects and even more pronounced next month. But it will take a while for the USA "conservative" media to figure this out.

Bob Wilson

bubbatech · Apr 1, 2013

They won't figure it out. That involves a critical evaluation of data. They disdain that sort of activity.

austingreen · Apr 1, 2013

bwilson4web said: ↑

Just an inoculation:
Source: Japan Auto Sales Fall on End of Subsidies as Korea Extends Slump - Bloomberg

These are auto sales in their respective countries. In the USA, sales are more likely to show a dip from the initial 'sequestration' effects and even more pronounced next month. But it will take a while for the USA "conservative" media to figure this out.

Bob Wilson
Click to expand...

The Japanese market was artificially pumped up a great deal by the government incentives. Remove the government cash, the sales go down. The outlook is bad for the next few years, unless the government there gives away more cash.

The US market is quite healthy in-spite of the end of the payroll tax holiday and sequester.
GM, Ford poised to report robust March auto sales - Stocks to Watch - MarketWatch

Auto sales last month are expected to have totaled 1,478,208 units for an estimated seasonally adjusted annual rate of 15.6 million vehicles, according to Edmunds.com. Last month sales were on track for 15.4 million.
Click to expand...

austingreen · Apr 2, 2013

The real numbers are in for the US and are quite good as a whole. GM and Toyota did a little worse than expected, but still did well.
General Motors, Ford and Chrysler post strong March auto sales - latimes.com

The industry sold almost 1.5 million vehicles in March, about 5% more than the same month a year earlier and likely the most since the 1.6 million sold in May 2007, according to automotive information company Edmunds.com.
General Motors Co. said Tuesday that its U.S. sales rose more than 6% to 245,950 vehicles
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Ford Motor Co. said it sold 236,160 vehicles last month, a 6% rise from the same period a year earlier.
Truck sales for Ford and the other Detroit automakers were particularly good as the truck-heavy home construction industry continues to recover in the U.S.
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Chrysler Group said it sold 171,606 vehicles, a 5% increase over March 2012
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Toyota Motor Corp. reported monthly U.S. sales of 205,342 vehicles, up 1%.
"The auto industry continued its string of impressive monthly results, and at Toyota we had our best month sinceCash for Clunkers in August of 2009,” said Bob Carter, senior vice president of automotive operations, Toyota Motor Sales in the U.S. “A strong first-quarter close and increased consumer confidence continue to position the auto industry as a leader in the economic recovery.”
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hybrid numbers are not in yet, but the outlook for the near future is quite good
Hybrid vehicle sales speed up - latimes.com

When Ferrari's biggest and baddest supercar is a hybrid, you know the world has changed.
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Market share for all hybrids had been stalled at less than 3%. It has recently crept up to 4% and could double by the end of the decade, said Thilo Koslowski, an analyst at Gartner Inc.
"Hybrid technology has certainly reached the inflection point," Koslowski said, "and is being taken seriously by virtually all the automakers."
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That's driven by a combination of trends, including upward-creeping gas prices, a growing track record for reliability and the wider selection of hybrid offerings — everything from the entry-level Toyota Prius C to the spacious Ford Fusion sedan to the LaFerrari, a 949-horsepower, million-dollar monster.
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April 1: Japan and Korea auto sales fall / slump

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April 1: Japan and Korea auto sales fall / slump

bwilson4web BMW i3 and Model 3

bubbatech Member

austingreen Senior Member

austingreen Senior Member

Toyota halts all Japan assembly plants due to glitch

New April Record for Toyota Hybrid Sales in Canada

Dashboard summary April 2018

Dashboard Summary April 2017

Dashboard April 2016