Haig Stoddard

Haig
Stoddard
Industry Analyst,
WardsAuto
Articles
Large Trucks Spur March U.S. Sales to 31st Consecutive Gain
Large CUVs doubled year-ago’s volume on major gains from GM’s refreshed trio of the Buick Enclave, Chevrolet Traverse and GMC Acadia, plus demand for the Mazda CX-9 and redesigned Nissan Pathfinder.
North American Production Shifts to Steady Mode
The next two years will be marked by overtime and manufacturers matching capacity to rising demand. But there will be typical plant downtime for inventory control of slow-selling vehicles, as well as production shutdowns for major redesigns.
Global Takeover: Emerging Economies to Dominate World Production, Sales
A WardsAuto/AutomotiveCompass forecast calls for a combination of developing and emerging markets to produce more than half the world light-vehicle volume for the first time in 2013.
February U.S. Sales Continue Climb to Pre-2008 Totals
The results translate to a 15.3 million SAAR, nearly even with the prior month’s 15.2 million but well above year-ago’s 14.4 million.
North American Light Vehicle Output to Rise 3.2% in 2013
Driving the higher production forecast is an increase in WardsAuto’s overall LV sales outlook, pushed up by some 300,000 units to 15.3 million, as well as some fine-tuning in demand at the vehicle-line level.
North American Auto Makers Build to 97% Capacity in 2012
Last year’s rate was the highest since WardsAuto began tracking the data in 2005, well above 2011’s 83.4%, and the most recent trough year of 2009, when manufacturers built to just 51.9% of their capacity.
Western Europe Vehicle Production to Struggle as Asia-Pacific Output Climbs
Growth in Western Europe will resume in 2014 with a 1.5% increase. However, the region is not expected to come close to its pre-recession output of 16.0 million units in 2007 through at least 2019.
U.S. Sales Start 2013 With 5-Year January High
Last month’s 15.2 million SAAR built on the momentum of fourth-quarter 2012’s 15.0 million-unit total. It was the best January since 15.5 million in 2008 and well above year-ago’s 13.9 million.
Light-Truck Demand Prompts Increase in WardsAuto LV Production Forecast
Light-truck output in 2013 will see a gain of 151,000 units. Nearly three-fourths of the increase will be in large pickups, with most of the remainder coming from the freshened Jeep Grand Cherokee.
U.S. Sales Hit 5-Year High Despite Absence of December Fireworks
The final 2012 tally reached 14.4 million light vehicles, 13.4% above 2011 and the best year since 16.1 million in 2007. It marked the third straight year-over-year increase since the industry bottomed out at 10.4 million in 2009 – a 27-year low.
North American Production to Get Boost From Import Replacements in 2014 2
Toyota, Volkswagen, Mazda, Daimler, Honda and Nissan all expected to shift more sourcing to the local market from overseas plants.
November U.S. Sales Top 15 Million SAAR
The month’s volume of 1.139 million units equaled a daily selling rate of 45,565, 14.9% above year-ago’s 39,650. It marked the 27th-straight month-over-month increase.
WardsAuto Forecasts 15.6 Million North America LV Output in 2013
Sales in 2012 are expected to end on a strong note amid indicators such as improving construction and home sales, relatively low fuel prices and demand that has been building since the recession year of 2009.
Superstorm Leaves Mark on October U.S. LV Sales
Last month’s SAAR of 14.2 million vehicles kept pace with the year-to-date total through September but was well below the 15.0 million WardsAuto had forecast for the month.
North America Capacity Utilization Rising With Use of 3-Crew/Shift Auto Plants
With the region’s fourth-quarter production forecast to rise 8.3% from year-ago, pending fallout from Superstorm Sandy, capacity utilization of 93.1% in the final three months of 2012 will be a period high.
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