Haig Stoddard

Industry Analyst,
U.S. Q3 Could Play Big Part in Cutting Bloated Inventory, Final 2017 Sales 
The downside to artificially creating more demand this year to pare inventory is a greater pull-ahead of volume from 2018.
U.S. Sales Slide Accelerates in June 
Besides big production cuts, stronger price discounting will be needed to relieve the worsening dealer inventory burden.
Inventory Strategy to Determine U.S. Sales Volumes in 2017-2018 
Initial modeling for June indicates a seasonally adjusted annual rate of 16.9 million units, which would be an improvement, but not enough to make a dent in inventory without severe production cuts.
U.S. Sales Decline Fifth Straight Month in May 
Sales of CUVs declined year-over-year for only the second time since February 2012
Slowing U.S. Demand Not Helping Bloated Dealer Stocks 
WardsAuto is lowering its 2017 U.S. light-vehicle sales forecast to 17.1 million units.
April U.S. Light-Vehicle Sales Continue Year-to-Date Slide 
April marked the second straight month that some previously strong truck segments recorded slower demand on a year-over-year basis.
Recent Falloff in U.S. Demand Could Trigger a Clearance Sale 
How GM and Toyota deal with their excess inventory could determine whether a fire sale happens.
U.S. Light-Vehicles Sales Fall Third Straight Month in March 
There are more signs of weakness in trucks, with growth consolidating more in the midsize CUV sector from the low-end to the premium-priced vehicles.
February U.S. Light-Vehicle Inventory Hits New High 
Including other factors, record-high February U.S. inventory could mean stronger sales in March vs. the first two months of 2017.
Slower Incentive Growth Causes Second-Straight Decline in U.S. Sales 
Year-to-date 2017 light-vehicle sales are 1.4% below year-ago, but on target with WardsAuto’s forecast of 17.3 million for the entire year.
North American Capacity Utilization to Dip in 2017 Despite Higher Production 
Despite an expected sales downturn, production will rise in 2017 due to added capacity and increased export output.
Record January U.S. Inventory Portends Robust February Sales 
Among automakers, how market leader General Motors deals with rising inventory will have the biggest impact on whether February sales rise or fall.
U.S. Sales Start 2017 Relatively Strong in January 
Midsize cars took a beating in January, with nearly every automaker recording double-digit losses in the segment
December U.S. Inventory Points to More Strong Sales in January 
Despite announcements of temporary plant shutdowns and shift reductions, North American production still is expected to rise in Q1-2017.
December Surge Lifts 2016 Sales to Record 17.5 Million Units 
An indicator of where much of the December incentive push was focused was the somewhat better results in cars when compared with the first 11 months of 2016.


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