IHS now predicts 14.5 million new-vehicle units will be sold in the U.S. this year, down roughly 3 million units from 2019. Cox Automotive puts the number at 14.4 million, down 15.3% year-over-year.
Interesting. Can’t wait for final numbers. But until then I found this blathering from April:
I’m glad to share the 2020 “I told you so” award for US annual auto sales with @CarryTheInterest
Nissan got as much criticism in this article as it has here
+Infinity
One of the most succinct/honest comments about Alfa/Maserati (they of the pleasing exhaust note) in the FCA portfolio:
Despite public comments by FCA about its commitment to those brands, Tynan expects they could be soon packaged and sold. “I don’t know that they necessarily want them, I don’t know where they necessarily fit in the [FCA] portfolio.” Maserati, he continues, “is not the brand— just not it , either performance-wise or luxury-wise, in its segment.” Alfa presents a similar story: “It’s good for what it is … but what is it?”
I don’t entirely disagree with the takes on RR/Jag, but it all depends on how interested/bored Tata is, and how much longer they keep recapitalizing the brands. The article mentions the excess production capacity they created for cars that nobody wants and they aren’t building. Can they build more of the lower cost/margin vehicles without diminishing the brand? 