market performance Archives

Cox Automotive Analysis: Honda Motor Company’s Quarterly U.S. Market Performance 02/01/2023 Honda Motor Company reported lower combined Honda and Acura U.S. sales in December, marking 17 straight months of decline. Sales for Honda’s third quarter of fiscal year 2023 – the October-December quarter – also dropped, making it the sixth consecutive quarter of declines. For the past year, Honda had the lowest inventory of any automaker in the U.S. Honda attributes the drop in sales to a lack of inventory and ongoing… Read Article

Honda market performance Market Insights Data Point

Cox Automotive Analysis: Ford Motor Company’s Q4 2022 U.S. Market Performance 02/01/2023 Driven in part by strength from its electric vehicles, Ford Motor Co. could deliver better-than-expected financial results for the final quarter of 2022 when it reports them on Thursday, Feb. 2, Wall Street analysts say. Ford is forecasted to be in the black for the quarter, following the third-quarter loss caused by one-time charges tied to the dissolution of the Ford and Volkswagen backed autonomous vehicle… Read Article

Ford market performance Lincoln Market Insights Data Point

Cox Automotive Analysis: General Motors’ Q4 2022 U.S. Market Performance 01/30/2023 General Motors closed 2022 on a high note, which could mean an upside surprise when the automaker reports earnings for the fourth quarter and full-year 2022 on Tuesday, Jan. 31. Financial analysts forecast that GM will report a 22% improvement in quarterly earnings from the fourth quarter of 2021 on revenue climbing to $42 billion. Analysts note that for three of the last four quarters, GM’s… Read Article

GM General Motors market performance GM General Motors Market Insights Data Point

Cox Automotive Analysis: Hyundai Motor’s Q4 2022 U.S. Market Performance 01/24/2023 Hyundai Motor Company, which includes the Hyundai, Kia and Genesis brands, had a best-ever fourth quarter in the U.S. on a number of fronts, which should help the South Korean automaker’s financial results that will be announced on Thursday, Jan. 26. The U.S., where Hyundai Motor sells all three brands and where Hyundai and Kia operate plants, is one of the most important markets for the… Read Article

Hyundai market performance Market Insights Data Point

Cox Automotive Analysis: Honda’s Quarterly U.S. Market Performance 11/08/2022 Few brands have been squeezed more on supply because of the global chip shortage than Honda, and it has been most hurt on sales. Honda reported lower U.S. sales in September, marking 14 straight months of decline; the last time the Honda brand posted a year-over-year sales gain in the U.S. was July 2021. Sales for the July-September quarter also dropped, making it the fifth consecutive… Read Article

Honda market performance Market Insights Data Point

Cox Automotive Analysis: Nissan Quarterly U.S. Market Performance 11/07/2022 Nissan has warned continued supply chain constraints will impact its earnings, and access to computer chips will be key to its growth. Nissan reports financial results on Tuesday, November 8, for the July-to-September period, Nissan’s second quarter of its fiscal year that ends March 31, 2023. In July, Ashwani Gupta, Nissan’s chief operating officer, spoke at a briefing where he said that 2022 would be driven… Read Article

Nissan market performance Market Insights Data Point

Cox Automotive Analysis: Toyota’s Quarterly U.S. Market Performance 11/01/2022 Toyota has posted financial results for the July-to-September quarter, the automaker’s second quarter of its fiscal year. Like its Japanese competitors, Toyota has had one of the lowest inventory levels in the U.S. for the past year, including the third quarter. Fewer vehicles on the lot and high interest rates might be compressing the company’s sales. In the U.S., one of Toyota’s most important markets, sales… Read Article

Toyota market performance Market Insights Data Point

Cox Automotive Analysis: Stellantis’ Q3 2022 Market Performance 11/01/2022 Stellantis has steered through the global computer chip shortage, maintaining the most abundant vehicle inventory in the U.S. industry for the past year while other automakers struggled with skimpy supply. Still, Stellantis posted a decline in U.S. sales in the third quarter, while incentives were more than twice the industrywide average. Its average transaction price rose significantly to nearly $55,000, thanks mostly to a pair of… Read Article

Stellantis market performance Market Insights Data Point

Cox Automotive Analysis: Ford’s Q3 2022 U.S. Market Performance 10/25/2022 Ford signaled in September that higher-than-expected costs would dampen its third-quarter profits due to parts shortages and inflation. Ahead of its Wednesday, October 26, earnings announcement, Ford forecasted adjusted earnings before income and taxes of $1.4 billion to $1.7 billion for Q3. Ford said parts costs would be $1 billion higher than expected because of inflation and parts shortages. Those shortages caused up to 45,000 vehicles,… Read Article

Ford market performance Lincoln Market Insights Data Point

Cox Automotive Analysis: General Motors’ Q3 2022 U.S. Market Performance 10/24/2022 General Motors had a lot of good news in the third quarter. Sales shot up while the industry was flat. GM is back on top for U.S. sales, winning its long-held crown back from Toyota, which snatched it in 2021. Transaction prices kept climbing while GM continued to slash incentive spending. While GM will report higher year-over-year vehicle sales and higher revenues in the U.S., analysts… Read Article

GM General Motors market performance GM General Motors Market Insights Data Point