Haig Stoddard

Industry Analyst,
August U.S. Light Vehicle Sales Miss Expectations 
August’s results cast more doubt 2016 will finish ahead of last year’s record 17.38 million units.
July U.S. Inventory Hits 12-Year High 
Pickups and SUVs are the battlegrounds to look for signs of U.S. sales heating up in the next few months.
July U.S. Sales Jump to 8-Month High SAAR 
Increased price discounting led to a rise in July retail sales, reversing the softness recorded in June.
Outlook Points to North American Plants Dipping Below 100% Capacity 
New capacity coming through 2019 will alleviate a few pressure points created by the industry running at 100%-plus straight-time.
Slower Demand Lifts U.S. LV Inventory to 10-Year June High 
An indicator of whether U.S. sales end 2016 higher than 2015 could be how the market’s Top 3 players – General Motors, Ford and Toyota – react to a possible downturn in demand.
U.S. Sales End First-Half 2016 on Soft Note 
How GM, Ford and Toyota react to the downturn – whether streamlining production, raising market incentives or a combination of both – could determine the year’s final outcome.
May U.S. LV Inventory Dips More Than Expected  1
Flat North American production, and additional selling days in June and July, will lift sales volumes, perhaps allowing the industry to avoid a huge summer sell-off.
U.S. Sales Record Modest Rebound in May 
May’s import penetration of 22% brought the year-to-date share to 21.6%, the period’s highest in four years.
North American Capacity Utilization Peaking In First-Half 2016 
Despite falling utilization rates, production is forecast to increase year-over-year during the remainder of 2016.
Import Volume Drives April U.S. Inventory to 11-Year High 
June and July will be high-volume months and excess inventory could be lopped off then, especially if SAARs return to their previous strength.
April U.S. Sales Bounce Back to 17 Million-Plus Annual Level 
Growth in the past two months has been in sectors where a lot of volume goes into commercial fleets and for work-related purposes.
March U.S. Sales Sink to Long-Time Low SAAR 
April’s SAAR is likely to spike upward from March, but because it is a rarity for two consecutive months to have more selling days than normal, averaging the totals for both months will be best to judge the period’s results.
Vans, Luxury Trucks Help CUVs Lead U.S. Sales to February Gain 
Small vans continued their resurgence as February deliveries jumped 33.7% above year-ago with nearly every vehicle posting hefty gains.
Robust January U.S. Dealer Inventory Foreshadows Strong February Sales 
Despite the industry overall doing a good job of controlling inventory levels of slow-selling vehicles, some cutting still is needed in cars.
January U.S. Light Vehicle Sales Start 2016 With Strong Results
The major market shift to trucks continued in 2016 with light-truck penetration recording a January record of 58.7%.

Mar 8, 2018

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