Haig Stoddard

Industry Analyst,
June U.S. Sales Surge, Falling Inventory Could Foretell July Slowdown 
The plus side of record off-lease volume is most lease returns are being replaced with new vehicles, thereby helping maintain replacement demand.
U.S. Light-Vehicle Sales Rise Above Expectations Again in June 
The year-to-date total likely will drop closer to the year-ago level when July’s results are reported.
Rising Truck Demand Lifts U.S. Production Outlook 
Although not enough to raise the overall North American production outlook in 2018, rising popularity of trucks causes increases to forecasted U.S. output.
May U.S. Light-Vehicle Inventory Still Robust Despite 4.6% Decline 
U.S. inventory likely will fall even further below year-ago at the end of June, which could foretell a slowdown in sales in the second half of 2018.
Second-Quarter North American Production Outlook Falls 
With more truck capacity in place, and less excess car inventory than a year ago, North American automakers will post higher third-quarter output.
U.S. Light-Vehicle Sales Appear on Track for Another 17-Million SAAR 
Compared with strong growth for CUVs, other truck groups are showing some softness.
U.S. Light-Vehicle Sales Start Q2 with Strong Results 
Higher incentives in April were seen despite dealers having a much more favorable mix of strong-selling trucks on their lots vs. a year ago.
Sliding Car Sales, Rising Import Volume Lead to Q2 North American Production Cuts 
The decline in expected car output had negative impacts on General Motors, Honda, Hyundai, Kia, Subaru, Tesla, Toyota and Volkswagen.
First-Quarter Demand and Inventory Portend Solid Q2 U.S. Light-Vehicle Sales 
Wards Intelligence still is expecting demand to decline in the second half of 2018 from January-June.
March Surge Lifts Q1 U.S. Light-Vehicle Sales to Gain over 3-Months 2017 
Except for CUVs, cracks started developing in Q1 in several truck segments, especially in the big-truck sectors.
Production Added to Q2 North American Outlook 
The upward revision to Q2 indicates optimism from automakers that North American demand in the spring will remain relatively strong.
March U.S. Demand Could be Leading Indicator of 2018 Sales 
March could hold telltale signs to how automakers react to slowing demand during the rest of 2018.
U.S. Sales Continue Slight Weakening in February 
Without a rebound in incentive spending, and some continued strength in fleet deliveries, March’s SAAR could fall below 17 million units.
North American Production Headed for Small Q2 Gain 
Most year-over-year increases in both the first and second quarters are due to added capacity and new products from smaller manufacturers.
January U.S. Light-Vehicle Inventory Falls to 3.9% Below Year-Ago Levels 
With some exceptions, mostly of redesigned models, big cuts to planned car production remain in the cards.
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