View Full Version : US auto sales - not good
pphilfran
6/1/2011, 05:30 PM
A terrible month for auto sales...Japanese imports tanking because they can't produce due to the earthquake/tsunami/nuke...
Domestic manufacturers slightly better...but didn't gain any sales from the imports...
I am afraid the economy is headed for a double dip...
Housing prices still dropping (and they need to) and putting pressure on new home sales....
Initial employment data looks bad...the prior release wasn't a barn burner...
GDP grew under 2% last quarter...
May 2011 compared to May 2010
GM down 1%
Ford flat
Chrysler up 10%
Toyota down 33%
Honda down 22%
Nissan down 9%
VW up 24%
Mazda down 21%
Hyundai up 21%
Bimmer up 20%
DAimler up 5%
Kia up 53%
Porsche up 50%
Charts are SAAR data (Seasonally Adjusted Annual Rate)
http://i264.photobucket.com/albums/ii187/pphilfran/totalvehiclesales15.jpg
http://i264.photobucket.com/albums/ii187/pphilfran/domesticautosales15.jpg
http://i264.photobucket.com/albums/ii187/pphilfran/importvehiclesales15.jpg
NormanPride
6/1/2011, 05:49 PM
Was the spike the cash for clunkers deal?
pphilfran
6/1/2011, 05:57 PM
Was the spike the cash for clunkers deal?
Yep...I will add that to future charts...
VW seems to have slashed prices on their entry level models, that and the diesel offerings seem to be popular
if i had to guess that's why they are up
EnragedOUfan
6/1/2011, 06:11 PM
Who the f$ck can afford a financed/leased vehicle with the average $8.00-$12.00 job without benefits that most companies provide these days? Add a kid, apartment/house payment, bills, health insurance payment, groceries (unless you're lucky/fortunate that your job provides health insurance), fuel........And we have a Government that wants to cut just about everything execept defense. The lower/middle class can't afford sh#t these days in my OPINION......
pphilfran
6/1/2011, 06:13 PM
VW seems to have slashed prices on their entry level models, that and the diesel offerings seem to be popular
if i had to guess that's why they are up
I refuse to pay the extra fee to get that additional data...I just scab the free stuff...
delhalew
6/1/2011, 06:14 PM
It's getting hard just to feed your family. **** an automobile.
pphilfran
6/1/2011, 06:16 PM
Hyundai and Kia (sister companies) will own the US market if we aren't careful...combine those two and they are only a thousand cars short of Toyota...
It's getting hard just to feed your family. **** an automobile.
i haven't bought one at all in 8 years...
i'm not sure i'd buy an actual new one again unless i was just hemorrhaging money
Hyundai and Kia (sister companies) will own the US market if we aren't careful...combine those two and they are only a thousand cars short of Toyota...
they have really improved in the last 10 years when i wasn't watching.
delhalew
6/1/2011, 06:20 PM
Hyundai has become as reliable as hell, and made better than the Chevy Silverado I bought a couple of years ago.
pphilfran
6/1/2011, 07:59 PM
This is a long term chart of auto sales...no trucks, I can't seem to find it...
The peak on the far right corresponds to the Cash for Clunker peak on the three earlier charts...you can see how far we need to climb...
Total auto sales have been on a steady decline...
Import sales are at 1980 levels...
Domestic sales took the hit are are nearly half their early 1980 sales volume...
http://i264.photobucket.com/albums/ii187/pphilfran/longtermcarsales.jpg
:les: Just print some more and pump some more money it!!:les:
maybe people are realizing it's dumb to get upside-down on a car every 3 years or so
pphilfran
6/1/2011, 08:13 PM
maybe people are realizing it's dumb to get upside-down on a car every 3 years or so
Cars last much longer and have longer maintenance intervals...it is pretty easy to have a car last a hundred k and still be reasonably reliable....that was not the case for cars built in the 70's and 80's....
soonercruiser
6/1/2011, 09:58 PM
So,....we tax-payers bailed out GM & Chrysler so they could live to fail another day.
But, with the bad economy, inflation, and high unemployment we can't afford to buy ther damn cars!
Does this make any sense????
:rolleyes:
DRLSooner
6/1/2011, 10:02 PM
I've done my part, I've purchased 2 new vehicles in the last year.
EnragedOUfan
6/1/2011, 10:40 PM
VW seems to have slashed prices on their entry level models, that and the diesel offerings seem to be popular
if i had to guess that's why they are up
Dude, when I was stationed in Deutschland, I rented a Diesel 09/10 model VW Golf for a couple of weeks due to a visiting family member and for travel. The gas mileage on that thing was ridiculously good. So good, that if and when I decided to purchase a brand new vehicle, it will be diesel.
delhalew
6/1/2011, 10:44 PM
Cars last much longer and have longer maintenance intervals...it is pretty easy to have a car last a hundred k and still be reasonably reliable....that was not the case for cars built in the 70's and 80's....
Except now when your clutch goes out it cost two grand to replace it...
SoCaliSooner
6/1/2011, 10:47 PM
Except now when your clutch goes out it cost two grand to replace it...
Brake job on my wife's car runs about $2800 each time.
EnragedOUfan
6/1/2011, 10:49 PM
So,....we tax-payers bailed out GM & Chrysler so they could live to fail another day.
But, with the bad economy, inflation, and high unemployment we can't afford to buy ther damn cars!
Does this make any sense????
:rolleyes:
I'm not really surprised. America is becoming Europe. Go to Europe and you'll see nothing but small cars. Wagons, hatchbacks, and occasional BMW/VW/Mercedes/Audi/Volvo SUV's if in Germany. Go the Netherlands and you'll see a crapload of bicyclists. Heck, right next to streets you have bicycle lanes. Go to France/Italy and you'll see a crapload of Mopeds. You'll notice that small cars are everywhere. You can count on one hand the numbers of trucks you'll see, and most of the time the trucks are driven by Americans if you're in Germany.
With gas prices priced in Euros, sold in liters, and due to the fact that most cars hold 55-70 liter tanks, you can pretty much figure out why it is the way it is. Convert that to US dollars and you'll really know why Europe is fuel efficient.........
delhalew
6/1/2011, 10:51 PM
Brake job on my wife's car runs about $2800 each time.
I don't doubt it. Buying one of these overpriced, tupperware, emission controlled **** boxes is the easy part. Keeping it on the road is like putting a kid through college.
Maybe these goobers that trade them in before the warranty runs out are on to something.
diverdog
6/1/2011, 10:51 PM
A terrible month for auto sales...Japanese imports tanking because they can't produce due to the earthquake/tsunami/nuke...
Domestic manufacturers slightly better...but didn't gain any sales from the imports...
I am afraid the economy is headed for a double dip...
Housing prices still dropping (and they need to) and putting pressure on new home sales....
Initial employment data looks bad...the prior release wasn't a barn burner...
GDP grew under 2% last quarter...
May 2011 compared to May 2010
GM down 1%
Ford flat
Chrysler up 10%
Toyota down 33%
Honda down 22%
Nissan down 9%
VW up 24%
Mazda down 21%
Hyundai up 21%
Bimmer up 20%
DAimler up 5%
Kia up 53%
Porsche up 50%
Charts are SAAR data (Seasonally Adjusted Annual Rate)
http://i264.photobucket.com/albums/ii187/pphilfran/totalvehiclesales15.jpg
http://i264.photobucket.com/albums/ii187/pphilfran/domesticautosales15.jpg
http://i264.photobucket.com/albums/ii187/pphilfran/importvehiclesales15.jpg
The housing markets are killing this country. Until we get the home building sector going again we will have a flat recovery.
AlboSooner
6/1/2011, 10:54 PM
If you can turn a wrench those deutsche cars can last a while. If you pay someone else to do the job, you better be loaded.
It is strange that luxury vehicles sales are up, with the economy being in the shape it is.
StoopTroup
6/1/2011, 11:08 PM
Well.....as America goes to hell and we head into a depression....at least the rich won't be paying 39% and sitting at the Country Club riding it out as they slowly go broke. They'll be riding it out at 36%. :D
XingTheRubicon
6/2/2011, 09:59 AM
Well it is their money.
texaspokieokie
6/2/2011, 10:07 AM
Brake job on my wife's car runs about $2800 each time.
how in the hell can a brake job cost $2800 ???
soonercruiser
6/2/2011, 12:31 PM
The housing markets are killing this country. Until we get the home building sector going again we will have a flat recovery.
Until we get the economy going again, and get Americans back to work (the ones that want to work that is..), the housing market will remain sour!
Lookin' for another Demoncratic skimulus plan in the future!
BHO's friends are running out of pocket cash!
Tulsa_Fireman
6/2/2011, 12:32 PM
DODGE RAM LEADING THE WAY SUCK IT FORD
soonercruiser
6/2/2011, 12:33 PM
If you can turn a wrench those deutsche cars can last a while. If you pay someone else to do the job, you better be loaded.
It is strange that luxury vehicles sales are up, with the economy being in the shape it is.
This was discussed in another thread...
"Number of government limos are up 75% since Obama took office...)
:rolleyes:
If you can turn a wrench those deutsche cars can last a while. If you pay someone else to do the job, you better be loaded.
It is strange that luxury vehicles sales are up, with the economy being in the shape it is.
the economy only sucks if you don't have money :D
texaspokieokie
6/2/2011, 05:09 PM
Brake job on my wife's car runs about $2800 each time.
is it a "mack" or a "peterbilt" ??
pphilfran
6/2/2011, 05:31 PM
is it a "mack" or a "peterbilt" ??
His kids were peterbilt...
landrun
6/2/2011, 10:37 PM
The housing markets are killing this country. Until we get the home building sector going again we will have a flat recovery.
Well, thanks to the brilliant idea of printing more money, inflation is here now. And will only get worse. You can NOT build a house today and turn around and sell it tomorrow (literally) for what it cost you to build it.
The home building sector is gone for a long ... long time.
diverdog
6/2/2011, 10:57 PM
Well, thanks to the brilliant idea of printing more money, inflation is here now. And will only get worse. You can NOT build a house today and turn around and sell it tomorrow (literally) for what it cost you to build it.
The home building sector is gone for a long ... long time.
There is no indication that inflation is here other than commodities which are driven by other market fundamentals.
Well, thanks to the brilliant idea of printing more money, inflation is here now. And will only get worse. You can NOT build a house today and turn around and sell it tomorrow (literally) for what it cost you to build it.
The home building sector is gone for a long ... long time.
you think buying a house works better if you deflate dollars?
SoCaliSooner
6/2/2011, 11:07 PM
how in the hell can a brake job cost $2800 ???
I take her car to the dealer and it's the rotors, pads...everything each time.
EnragedOUfan
6/3/2011, 12:12 AM
I take her car to the dealer and it's the rotors, pads...everything each time.
You're probably getting the best service possible, but man that's a lot of dough for a brake/rotor job, even if its to all four tires at once. What do own, an M5??
SoCaliSooner
6/3/2011, 12:22 AM
You're probably getting the best service possible, but man that's a lot of dough for a brake/rotor job, even if its to all four tires at once. What do own, an M5??
ML500. Heavy and all wheel drive. Was going to sell it a couple of years back and buy something else but after getting escorted out of a dealership for being too loud...I figured it was best to keep what we had.
Breadburner
6/3/2011, 02:06 AM
I take her car to the dealer and it's the rotors, pads...everything each time.
You're getting bent over.....
delhalew
6/3/2011, 08:32 AM
There is no indication that inflation is here other than commodities which are driven by other market fundamentals.
Holy crap! I nearly spit coffee all over the place.
landrun
6/3/2011, 03:35 PM
nah... according to Obama, it's all good...
http://money.cnn.com/2011/06/03/news/economy/obama_autos/index.htm?hpt=hp_t2
landrun
6/3/2011, 03:38 PM
you think buying a house works better if you deflate dollars?
I'm just saying that you can't build a house these days because the home values aren't worth the cost to build them. I'm just pointing out an economic fact right now. And because that is the case, no one is building homes.
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