Market Insights – Cox Automotive Inc.

Cox Automotive Analysis: Stellantis’ Q4 2023 Market Performance 02/14/2024 After the six-week strike by the UAW ended, Stellantis estimated that it lost about $3 billion in revenue and less than $800 million in profits. That is less than the losses experienced by General Motors and Ford. The actual numbers will be revealed when Stellantis reports earnings for the second half and full year 2023 on Thursday, February 15. In the U.S., Stellantis’ sales slipped 1%… Read Article

Stellantis market performance Market Insights Data Point

Cox Automotive Analysis: Nissan Quarterly U.S. Market Performance 02/07/2024 Nissan Motor in Japan reports financial results for the October-to-December quarter February 8 and hopes to repeat the previous quarter's performance, which featured a sharp 25% increase in profits on sales growth in most markets. The results exceeded analysts’ projections and prompted the Japanese automaker to raise its forecast for the full fiscal year that ends on March 31. In the U.S., in the final quarter… Read Article

Nissan market performance Market Insights Data Point

Cox Automotive Analysis: Honda Motor Company’s Quarterly U.S. Market Performance 02/07/2024 Strong U.S. sales in the waning months of 2023 should help lift Honda Motor Co.’s fortunes when it reports quarterly financial results February 8. In the quarter ended September 30, Honda Motor in Japan posted profits up by a third, prompting it to raise its forecast for the fiscal year that ends March 31. Much of that optimism came from vastly improved production and inventory and… Read Article

Honda market performance Market Insights Data Point

Cox Automotive Analysis: Toyota Motor Corporation’s Quarterly U.S. Market Performance 02/05/2024 Toyota Motor is expected to post a hefty increase in quarterly earnings and revenues when it reports financial results on Feb. 6, thanks to a rebound in production following the global computer chip shortage. The October to December 2023 period is the Japanese automaker’s third quarter of its fiscal year 2024, which ends March 31. Analysts predict a 47% increase in net profit to more than… Read Article

Toyota market performance Market Insights Data Point

Cox Automotive Analysis: Ford Motor Company’s Q4 2023 U.S. Market Performance 02/05/2024 The impact of the six-week UAW strike against the Detroit automakers will be the focus of Ford’s fourth-quarter and full-year financial results when they are posted after the stock market closes on Tuesday, Feb. 6. The strike began late in the third quarter and continued well into October, so the fourth quarter saw the biggest hit. Among the first Ford strike targets was the Michigan plant… Read Article

Ford market performance Lincoln Market Insights Data Point

Cox Automotive Analysis: General Motors’ Q4 2023 U.S. Market Performance 01/29/2024 The financial damage from the six-week strike by the UAW against the three Detroit automakers will be the focus of upcoming earnings announcements, starting with General Motors. GM posts fourth-quarter and full-year financial results before the market opens on Tuesday, Jan. 30. Since the strike started late in the third quarter, the impact for that quarter was minimal. The bulk of the fallout is expected for… Read Article

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

Cox Automotive Analysis: Hyundai Motor’s Q4 2023 U.S. Market Performance 01/26/2024 Hyundai Motor Company had a record-setting 2023 for U.S. sales as a company and individually for each of its three brands – Hyundai, Kia and Genesis. The South Korean automaker, which posted fourth-quarter and full-year financial results Jan. 25, closed 2023 as the No. 4 automaker in the U.S. as measured by vehicle sales, surpassing Stellantis, Honda and Nissan. In pre-pandemic 2019, the automaker ranked No.… Read Article

Hyundai market performance Market Insights Data Point

Cox Automotive Analysis: Nissan Quarterly U.S. Market Performance 11/08/2023 To echo remarks by Nissan’s U.S. sales chief regarding recent quarterly vehicle sales, what a difference inventory makes. Indeed, having much-improved inventory after last year’s computer chip shortage resulted in substantial sales increases for Nissan and Infiniti in the U.S. and should benefit Nissan Motor globally when quarterly financial results are posted on Nov. 9. In the July-to-September quarter – the second quarter of the 2023… Read Article

Nissan market performance Market Insights Data Point

Cox Automotive Analysis: Honda Motor Company’s Quarterly U.S. Market Performance 11/08/2023 With the computer chip shortage easing since last year, American Honda Motor saw improved production and higher inventory. Better product availability has led to substantially higher U.S. sales of late and should help boost Honda Motor’s overall revenue when quarterly results are reported Nov. 9. Inventory on core models, in particular, improved significantly, prompting a 53% increase in U.S. sales of Honda cars and SUVs for… Read Article

Honda market performance Market Insights Data Point

Cox Automotive Analysis: Toyota Motor Corporation’s Quarterly U.S. Market Performance 10/31/2023 Toyota reported improved U.S. sales in the latest quarter, with most models showing gains despite having among the lowest inventory levels in the industry. In Japan, Toyota Motor Corp. posts financial results Oct. 31 for the July-to-September quarter, the automaker’s second quarter of its 2024 fiscal year. Toyota’s U.S. sales for the quarter rose 12%, still underperforming the overall industry. Toyota brand sales increased 12%, and… Read Article

Toyota market performance Market Insights Data Point