Regional deliveries: The Americas did well but China and the Asia/Pacific region were the telling factor in global deliveries being down, albeit only 3%. China in particular is a large market for the company and that decrease alone more than offset gains elsewhere. Depending on where sales in China go from here will determine much, such is the volume involved. Less dependence on China isn't a bad thing.
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The car industry from my perspective
12 October 2024
VW Group Global Deliveries : 2024 Q1-Q3
Regional deliveries: The Americas did well but China and the Asia/Pacific region were the telling factor in global deliveries being down, albeit only 3%. China in particular is a large market for the company and that decrease alone more than offset gains elsewhere. Depending on where sales in China go from here will determine much, such is the volume involved. Less dependence on China isn't a bad thing.
USA Car/LCV Sales : 2024 (Jan-Sep)
Most of the data below is from the source, ie the manufacturer but some are estimates that can usually be identified by a rounded figure. Toyota and Ford are the two main nameplates, the former holding a slim lead. The top seven are the same as last year when comparing ranking with the complete 2023.
There weren't many big winners but Land Rover did OK (if the number is correct) but start ups near the lower end of the list went very well. In such a large and mature market, change tends to be gradual. The Brightdrop delivery van (left) from GM is one such.Overall sales are up 1% but were down 12% in September. That's a good result for the year but the trend may be concerning.
It's unique in the fact that in countries where no official source releases data you don't get any. In the US manufacturers in the main do so voluntarily. Canada has the same issue but with less openness so creating something like this is all but impossible. I'll see what I can do Canucks.
Data source: Manufacturers, estimates.
Mexico Car/LCV Sales : 2024 (Jan-Sep)
Registrations were down 1% in September but up 11% YTD. Nissan lead the way as usual with a slight loss of market share but with a sales volume gain. The five brands immediately below it all increased their share.
A group of new Chinese brands have arrived on the scene, some late last year and others this year. Great Wall Motors covers most of them. It will be interesting to see how they fare in the future. Cupra is just the Formentor model.
Data source: AMDA.