flitched9000 (flitched9000) wrote,
flitched9000
flitched9000

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1) Link
2) Link
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…as consumers continue to shift dollars into less fuel efficient light trucks which were only down a modest 1%.
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Ford: Total U.S. retail sales down 4% YoY while sales to daily rental companies declined 36% and overall fleet sales declined 21%. Inventory supply increased 18% YoY to 80 days vs. 68 days last year. The majority of the company's largest platforms all posted YoY declines: Fusion: -17%, Escape: -12%, Explorer: -12%, F-series: -3%.

GM: Total U.S. retail sales grew 0.3% while fleet sales declined 4%. Incentive spending was 13.1% of GM’s average transaction price which was 0.5% above the industry average of 12.6%. Inventory supply also increased for GM dealers with days of supply up to 79 days vs. 74 days last year and 74 days last month. Sales for GM’s largest platforms were mixed: Cruze: +8%, Equinoz: -29%, Malibu: +26%, Silverado: -16%, Sierra: -9%.

Fiat Chrysler: Total U.S. sales grew 3% with all of the growth coming from the company's Jeep (+12%) and Dodge (+5%) brands while the Chrysler (-22%) and Fiat (-21%) both declined substantially YoY.

Toyota: Total U.S. sales grew 1.5% with sales of the major platforms mixed: Corolla: +15%, Camry: -11%, RAV4: +9%, Tacoma: +35%, Tundra: +18%.


3) According to public service broadcaster SVT, Ericsson is to announce job cuts of between 3,000 and 4,000 later today. The plants in Borås and Kumla will be the worst affected.
Tags: cargo cult, coca-cola, competition crusade, crony capitalism, employment, globalization головного мозга, holy war, marxism, political economy, statistics, Барат в помощь, ВШЭ заела, бобик сдох, геликоптер в помощь, корпорушка, марксизм, пиндоз головного мозга, потреблятство, прихватизаторы, против человечества, статистика знает, экономика и политика
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