Ford has released their May 2010 auto sales, and the news us good fir SIRI. The U.S. automaker saw sales jump 22% over a year ago and 32,000 more units sold in May than in April. Ford’s sales were 196,912 units, slightly less than GM. Ford also announced that Q2 production was being increased by… → Read More
GM has kicked off what will be a busy day of auto sales data. The automaker reported May sales of 222,822 units, up 17% from last year and 39,000 units more than last month. This is positive news because GM represents between 19% and 24% of the market. GM reported that a big contributor was… → Read More
Satellite Radio growth rests with gaining new subscribers. Gaining new subscribers is tied directly to the automobile (OEM) channel. It is through new cars that Sirius XM exposes consumers to their service. Roughly 60% of new cars sold are equipped with either Sirius or XM. Edmunds has come out with a preliminary forecast for May… → Read More
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Over the last few weeks I highlighted news that Hertz was making a move on Dollar Thrifty, and how that move could benefit Sirius XM because of the revenue generation Sirius XM gets from Hertz on Sirius equipped cars in their rental fleet. Now, it turns out the Avis Budget was angling to make a… → Read More
Auto Sales in March were stellar compared to a year ago, but still way down from the peak only a few years ago. April sales were not quite as good as March, but the sector did seem to show stability. May sales should continue the stability trend. As we here at SiriusBuzz projected, Toyota’s mis-steps… → Read More
Last week general Motors announced that General Motors brought on Joel Ewanick as their chief marketing guru. The move is substantial because Ewanick was essentially lured away from one of the fastest growing brands in America. Ewanick was in charge of the marketing surge for Hyundai before being stolen away by Nissan in March. GM… → Read More
It is now official. Toyota slipped to Ford in the sales category in the month of April. Earlier this month, I had project this scenario happening, and it did just that. Toyota joins other manufacturers in releasing their numbers, and the news demonstrates further stability in the sector. Toyota sold 157,439 units in April. Toyota… → Read More
Chrysler not only reported year over year growth, but month over month as well. The company sold 95,703 units in April, and increase of 25% over last year, and 3% over their March 2010 figure. “April was a very positive month for Chrysler Group, with concrete results that highlight the company is on-track and gaining… → Read More
Ford has come out with their sales figures for April 2005, and the numbers, while slightly less than last month, remain strong. Ford sold 162,996 units sold compared to 178,188 last month, and were up 25% over the previous year. Fords sales number was slightly less than I anticipated. If they beat out Toyota, it… → Read More
As we reported her earlier this week in our Article “GM May Pay Off Debt Early“, GM has announced that they have paid off their loans to the U.S. and Canada well ahead of schedule. The company wasted little time in getting the news out there, and has begun running advertisements to that effect. The… → Read More