BLOG: Jesse Snyder
Posted 12:01 am U.S. ET, Sept. 20
Posted 5:00 pm U.S. ET, Dec. 2
Posted 12:01 am U.S. ET, Nov. 3
We’re merrily motoring down the monthly sales expressway, scarcely a pothole in the past 60 reports. We opened the throttle in November and the road ahead looks clear and dry.
The whole industry is anticipating the latest milestones of progress along the way: 2014 will be the fifth straight year of higher sales, likely 6 million units above 2009 and the first year s ... Continue reading "The good times keep rolling along" » Dec 2, 2014 5:00 pm U.S. ET Post Comment
October looked like a happy month for big pickups with sales rising 10 percent, outperforming a strong overall U.S. market. But dig a little deeper and you’ll find pickup manufacturers who are really, really, really happy.
The 10-month numbers for the segment look pretty good too. Sales are up 7 percent to 1.7 million units, just ahead of the market’s 6 percen ... Continue reading "Weep not for pickup makers" » Nov 3, 2014 12:01 am U.S. ET Post Comment
On Thursday night, I watched dealer Karl Zimmermann officially dedicate his refurbished George Matick Chevrolet building in Redford Township, Mich.
Like every grand opening, it was highly predictable: food, drink, balloons, local performers, extra shiny vehicles and some speechifying.
Like every grand opening, it was unique. Highly personal to all gathered.
Pick a day, ... Continue reading "Why Detroit is a small town, big city for auto dealers" » Sep 20, 2014 12:01 am U.S. ET Post Comment
What a bubbly month August turned out to be.
Good news pretty much anywhere you look. U.S. auto sales up. Lotsa folks won big percentage gains. Average transaction prices rose more than incentives. And a Labor Day surprise pushed the month beyond merely matching last year’s blowout August into the best monthly selling rate since January 2006.
But forget the normal ...