Haig Stoddard

Haig
Stoddard
Industry Analyst,
WardsAuto
Articles
Soaring August U.S. Sales Lower Inventory Healthy 4% 
The inventory cuts point to a slowdown in sales in September and October to something more in line with the 16.3 million-unit SAAR the market tracked at prior to August.
WardsAuto Global Update: North America Production - The Shift South 
Video brief: Haig Stoddard looks at regional production in North America and why the Great Lakes area will continue to matter.
July U.S. Inventory Marks 10-Year High, Portends More Strong Sales 
Some of the inventory buildup is attributable to Ford stockpiling F-150 large pickups as it begins retooling in August for the new aluminized versions.
Mexico Adding 1.3 Million Units of Straight-Time Production 
Including estimates for overtime, Mexico automakers conceivably could build over 2 million units more in 2020 than in 2014, pushing total production well above 5 million.
Hefty Sales Pare U.S. Inventory Again, But Dealers Still Well-Stocked 
Forecasted strong production in July, combined with a June days’ supply slightly higher than usual for the month, bodes well for continued good sales results for locally built vehicles.
Strong May Sales Cause Healthy Paring to U.S. Dealer Inventory 
Another reason to get car stocks under control at this time of year is the sales mix, which will start to favor CUVs, SUVs, large pickups and luxury vehicles.
May U.S. Sales Surge to 7-Year High SAAR 
The prospect of a sharp rebound in second-quarter GDP helped underwrite May’s solid results, and indicates June should post a still-healthy 16 million-plus SAAR, even if some of its thunder was stolen in the prior month.
New Products, Demand to Drive Second-Half North American Production in 2014 
A red flag to watch for is extended shutdowns beyond traditional summer downtimes, especially at Ford, Fiat-Chrysler and General Motors. Other automakers could add downtime, but most likely would slow production.
April U.S. Light-Vehicle Inventory Portends Stronger U.S. Sales 
With Subaru understocked in the segment, nearly all automakers selling midsize cars, including Ford, GM, Honda, Hyundai, Kia, Mazda, Nissan and Toyota, could withstand some trimming to inventory in the segment.
April U.S. Light-Vehicle Sales Continue Resurgence From 2014’s Slow Start 
Large pickups, SUVs and vans combined for a 7.2% gain over year-ago, while share of the three segments increased to 15.8% and bucked seasonal trends by rising from March.
Strong North American Production Keeps Plant Utilization Above 100% 
Long-time high production is pushing forecast second-quarter capacity utilization to 101.4% and marking the first time successive quarters have topped.
Last Stand for Big Body-on-Frame Truck? 
Leading the big-truck surge will be General Motors, which has full availability of its re-engineered Chevrolet Silverado and GMC Sierra fullsize pickups, plus redesigned SUVs now hitting the market.
March Sales Trim U.S. Inventory Healthy 1.6% 
Inventory of domestically made LVs is where most of March’s excess inventory exists. There could be some production slowdowns, but higher retail incentives in place in March are likely to continue in April, and possibly increase.
U.S. Sales Roar Back in March to Best Volume Since 2007 
GM’s March deliveries rose a respectable 8.1% from year-ago, but its share fell to one of its lowest ever for any month to 16.7%. The drop coincided with widely publicized recalls that occurred during the month.
February U.S. Inventory Highest Since 2005  1
WardsAuto estimates inventory is roughly 200,000 units above where it needs to be, even when taking into account that sales should rebound from weather-related losses in January-February.
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