"Economists are pessimists: they've predicted 8 of the last 3 depressions."
--Barry Asmus

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Tuesday, January 4, 2011

US Motor Vehicle Sales...

...are nearly impossible to find. Seriously. I have no primary sources for this, just Reuters. Which I'm not sneering at, mind you. It's just that I like going to the source.
Overall, US auto sales rose more than 11% to a level over 13 million vehicles, handily beating expectations.
GM is reporting that their sales are up 7.5% for the year (6.3%, up to 2.2 million units, in domestic sales alone). Crossover sales were up 42%, and full-sized pickup trucks were up 29%. Ford, meanwhile, reported a 6.7% increase, while Chrysler sales were up 16% and Nissan Motor Co sales were up 28%.
Looking to 2011, GM is anticipating 12.7 million to 13.2 million light vehicle sales in the US. Ford is a little less optimistic, predicting only 12.2 to 13.2 million sales in the US, but anticipates selling 75 million to 85 million vehicles worldwide.
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