Despite diesel related damages to the brand, Volkswagen as an auto group is doing remarkably well. In fact, not only has the automaker returned profitability, in April (of 2016 (mid-scandal)) Volkswagen sold more cars than any other automaker. Emissions have not taken a more notable a toll in sales, because that they are physically invisible. Diesel lost consumer confidence in the late 70s and ea
Volkswagen expected their sales to take a massive plunge this month; compared to last year (Year over Year (YoY)). However, they surpassed their expectations and did far better than they anticipated. Volkswagen expected to drop 14.5 points compared to last May. They actually beat their projections by over 3 points. Granted… that is still quite a dip, but considering the scale of their scandal; t
While most have been focusing on all of the deficits, what is most impressive to me are the automakers that have surpassed their own sales projections. Fiat Chrysler Automobiles (FCA), Volkswagen Auto Group (VW AG) Volvo Car Group, Hyundai and Kia have all gotten more sales than even they expected. It should be mentioned, that recalls have been a ubiquitous presence in the automotive industry sin
The automotive market is currently facing a rampant uptick in demand. Sales have climbed indiscriminately for the better part of 6 years now. Granted, that's only because there was a bit of a crisis, that caused a monumental drop in auto sales. Regardless, 2015 yielded record breaking sales. Sales are so high what would normally be a considered a natural waning due to market and calendar realiti
The latest month of sales has been reported by all major auto groups, and the numbers are not ideal. Seven of the Ten most prolific automakers have seen sales deficits; Year over Year (YoY); when compared to last May. Overall, total auto sales have 6 percent across the board. What is most unnerving for those in the aforementioned industry, is the fact that most automakers have not only dropped in
While Tesla Motors is universally praised for making what some consider to be the greatest car ever; not every aspect of the company garners such admiration. Namely, Tesla’s ability to push volume. Thus far, Tesla has never been able to actually build even 30,000 cars in a single year, which is what they sold last year. Graciously, last year, the company saw almost a 50 percent boost in prod
The Automotive sales are entangled with many different industries. Without the assistance from banks, mass marketing firms and the government; the automotive sales would be in real trouble; not the hyperreactive state they are in. For example, there is a moderate amount of anxiety surrounding the fact that sales for all the major auto groups experienced a drop in sales. Sadly, much of the unease
Because National Highway Traffic Safety Administration (NHTSA) and the media have not only covered, but unwittingly exaggerated the effects of negligence in the automotive market. Everyday drivers have become increasingly aware of the lingering dangers of driving. Before I continue, some explanation is necessary. In years past, the NHTSA had become famous for accepting donations from American auto
Many working in and around the automotive market are a tad apprehensive at the moment. There are quite a few factors that are driving this overall sense of impending doom. It is true, the automotive market is waning, but it is no reason to panic. While it is the drop in sales that is at the core of this issue, but the source of strife is much less centralized. The automotive market has quite a bi
I am glad someone else has thought of this, because I have been saying that this would happen since autonomous driving first became viable; autonomous autos will precede a surge in cars on the road. Conversely, a surge of analysts assumed that the opposite would be true earlier this year. However, the thought process driving this presumption has been deemed the theory of peak auto, and it is not u
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