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  1. 6/1/2011, 05:30 PM #1
    pphilfran
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    US auto sales - not good

    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)





  2. 6/1/2011, 05:49 PM #2
    NormanPride
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    Re: US auto sales - not good

    Was the spike the cash for clunkers deal?
    Quote Originally Posted by badger
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  3. 6/1/2011, 05:57 PM #3
    pphilfran
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    Re: US auto sales - not good

    Quote Originally Posted by NormanPride View Post
    Was the spike the cash for clunkers deal?
    Yep...I will add that to future charts...
  4. 6/1/2011, 06:10 PM #4
    yermom
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    Re: US auto sales - not good

    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
  5. 6/1/2011, 06:11 PM #5
    EnragedOUfan
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    Re: US auto sales - not good

    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......
    "I was formerly a Noncommissioned Officer, part of a Corps known as the Backbone of the Army.......now I'm an Army Cadet, training to become a Commissioned Officer. Hooah......"
  6. 6/1/2011, 06:13 PM #6
    pphilfran
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    Re: US auto sales - not good

    Quote Originally Posted by yermom View Post
    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...
  7. 6/1/2011, 06:14 PM #7
    delhalew
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    Re: US auto sales - not good

    It's getting hard just to feed your family. **** an automobile.
    "Once a country boy's seen the way the steam rises off a man's insides on the sidewalk Tends to change the way he thinks, the way he sees everything when he goes back to where he came from."

    POSSE TRANSPORTATION SPECIALIST. "It Fell Off the Back of a Truck."
  8. 6/1/2011, 06:16 PM #8
    pphilfran
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    Re: US auto sales - not good

    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...
  9. 6/1/2011, 06:16 PM #9
    yermom
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    Re: US auto sales - not good

    Quote Originally Posted by delhalew View Post
    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
  10. 6/1/2011, 06:18 PM #10
    yermom
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    Re: US auto sales - not good

    Quote Originally Posted by pphilfran View Post
    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.
  11. 6/1/2011, 06:20 PM #11
    delhalew
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    Re: US auto sales - not good

    Hyundai has become as reliable as hell, and made better than the Chevy Silverado I bought a couple of years ago.
    "Once a country boy's seen the way the steam rises off a man's insides on the sidewalk Tends to change the way he thinks, the way he sees everything when he goes back to where he came from."

    POSSE TRANSPORTATION SPECIALIST. "It Fell Off the Back of a Truck."
  12. 6/1/2011, 07:59 PM #12
    pphilfran
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    Re: US auto sales - not good

    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...

  13. 6/1/2011, 08:03 PM #13
    Blue
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    Re: US auto sales - not good

    Just print some more and pump some more money it!!
  14. 6/1/2011, 08:05 PM #14
    yermom
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    Re: US auto sales - not good

    maybe people are realizing it's dumb to get upside-down on a car every 3 years or so
  15. 6/1/2011, 08:13 PM #15
    pphilfran
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    Re: US auto sales - not good

    Quote Originally Posted by yermom View Post
    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....
  16. 6/1/2011, 09:58 PM #16
    soonercruiser
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    Red face Re: US auto sales - not good

    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????
    How can there be too many children?
    That is like saying there are too many flowers.
    Mother Teresa
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    (Or, too many tax-payers!)
  17. 6/1/2011, 10:02 PM #17
    DRLSooner
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    Re: US auto sales - not good

    I've done my part, I've purchased 2 new vehicles in the last year.
  18. 6/1/2011, 10:40 PM #18
    EnragedOUfan
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    Re: US auto sales - not good

    Quote Originally Posted by yermom View Post
    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.
    "I was formerly a Noncommissioned Officer, part of a Corps known as the Backbone of the Army.......now I'm an Army Cadet, training to become a Commissioned Officer. Hooah......"
  19. 6/1/2011, 10:44 PM #19
    delhalew
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    Re: US auto sales - not good

    Quote Originally Posted by pphilfran View Post
    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...
    "Once a country boy's seen the way the steam rises off a man's insides on the sidewalk Tends to change the way he thinks, the way he sees everything when he goes back to where he came from."

    POSSE TRANSPORTATION SPECIALIST. "It Fell Off the Back of a Truck."
  20. 6/1/2011, 10:47 PM #20
    SoCaliSooner
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    Re: US auto sales - not good

    Quote Originally Posted by delhalew View Post
    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.
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