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Found 5 results

  1. May was a horrible month for automakers as many reported sales drops. Part of this can be attributed sales of cars (especially sedans) imploding. According to Automotive News, the 15 largest automakers all posted lower car sales. Overall car sales dropped 16 percent. "We don't get a lot of ups on cars right now, as far as people even wanting a price on them," said Gary Uftring, president of Uftring Auto Group in Peoria, Ill. "Styling has changed, and what people want to be seen in is a crossover or a sport utility." Case in point, light-truck sales rose 2.4 percent in May. Seda
  2. May was a horrible month for automakers as many reported sales drops. Part of this can be attributed sales of cars (especially sedans) imploding. According to Automotive News, the 15 largest automakers all posted lower car sales. Overall car sales dropped 16 percent. "We don't get a lot of ups on cars right now, as far as people even wanting a price on them," said Gary Uftring, president of Uftring Auto Group in Peoria, Ill. "Styling has changed, and what people want to be seen in is a crossover or a sport utility." Case in point, light-truck sales rose 2.4 percent in May. Seda
  3. G. David Felt Staff Writer Alternative Energy - CheersandGears.com Car Wars 2013-2016 CarWars2013-2016.PDF The automotive Product pipeline for the US Market. While this report came out last year, there is some interesting assumptions / analysis made by Bank of America and Merrill Lynch. This report starts off with the basic background and thesis along with industry trends and then dives into company analysis, expected market share shifts, implications for suppliers to dealers and the all mighty conclusion. What was interesting to note is the expected decline in market share by Korean man
  4. By William Maley Staff Writer - CheersandGears.com April 30, 2013 General Motors is hoping to reverse a trend of losing market share by introducing new models over the next few years. Since 2002, GM has seen its market share decline at a steady rate, losing 10.5% in that time. This is due to competitors such as Chrysler and Japanese automakers roaring back in sales. GM believes a onslaught of new products can help them claw back some market share. The Detroit News reports that 70% of GM's product portfolio will be refreshed by the end of this year. That will climb to 89% by 2016. "The ol
  5. By William Maley Staff Writer - CheersandGears.com April 30, 2013 General Motors is hoping to reverse a trend of losing market share by introducing new models over the next few years. Since 2002, GM has seen its market share decline at a steady rate, losing 10.5% in that time. This is due to competitors such as Chrysler and Japanese automakers roaring back in sales. GM believes a onslaught of new products can help them claw back some market share. The Detroit News reports that 70% of GM's product portfolio will be refreshed by the end of this year. That will climb to 89% by 2016. "The ol

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