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From: Kevin on 5 Dec 2009 20:03
in2dadark <in2dadark(a)yahoo.com> wrote in
news:6a8c24fb-4a7a-47ec-90f1-942088052e38(a)g23g2000vbi.googlegroups.com:

>
>
> Ray O wrote:
>> "C. E. White" <cewhite3(a)mindspring.com> wrote in message
>> news:hfb1hk$rlm$1(a)news.eternal-september.org...
>> >I just looked at the Auto News website and they only show Toyota
>> >sales up 3% for November. The Toyota news release claims Toyota USA
>> >sales were up 11.5% (Toyota division up 9.8%, Lexus up 22.2%).
>> >Interesting they glossed over the decline in Scion sales. Although
>> >the Auto News web site and the TMS news release posted different
>> >percentage increases, the number of vehicles sold is in a agreement
>> >(133,700). I found this confusing, so I looked further.
>> >
>> > Toyota is basing the 11.5% increase on average number of vehicle
>> > sales per day, not total sales for the month. Toyota claims that in
>> > Novemeber 2009 there 23 selling days. In 2008, they claim there
>> > were 25 selling days. According to AUto News, last year Toyota USA
>> > (Lexus + Toyota + Scion) sold 130,307 vehicles, or 5,212.28 per
>> > day. This year Toyota USA sold 133,700 vehicles, or 5,813.04 per
>> > day, an increase on a daily basis of 600.76, which is 11.5%. I
>> > suppose this is one way to do it, but it seems a little hinky to
>> > me. Using the same logic, GM sales were up nearly 7% for November,
>> > although they actually sold fewer vehicles in November 2009, than
>> > in November 2008.
>> >
>> > I wonder how they decided November 2009 had fewer selling days than
>> > 2008? In 2009, there were 5 Sundays (1, 8,15, 22, 29) and two
>> > theoretical holidays (Thanksgiving and Veterans Day?). This implies
>> > 30-(2+5) = 23. However, where I live the dealers were open on
>> > Veternas Day and the Friday after Thanksgiving, so that means there
>> > were at least 24 selling days in Novemeber in some areas. In 2008,
>> > there were also 5 Sundays (2, 9 16, 23, 20), and two theoretical
>> > holidays, yet Toyota claims there were 25 selling Days in November
>> > of 2008. How can they do this? I guess the net is, Toyota, while
>> > not openly lying, is playing around with number to make it seem if
>> > they are doing a lot better than they really are. I am suprised
>> > that GM doesn't use this sort of convenient math to claim a sales
>> > increase as well.
>> >
>> > For comparison, using the more accurate (in my opinion) Auto News
>> > reporting scheme (total monthly sales), Toyota did OK in November
>> > (up 3%). Ford held steady (up ~ 0.1%). Even GM didn't suffer too
>> > much (down 2%). The real star was Hyundai, up 34% compared to
>> > November of last year. Subaru was also up greatly (+24%). Nissan
>> > did well also (up 21%). VW also did OK (up 9%). Others that were up
>> > in November 2009 compared to November 2008 - Diamler (+9%), Jaguar
>> > Land Rover (+20%), Mazda (+1%), Porsche (+18%).
>> >
>> > Suprisingly Honda was down (-3%). Overall there were about as many
>> > cars sold in Novemebr of 2009 as were sold in Novemebr of 2008
>> > (747,086 and 747,051 respectively).
>> >
>> > The Toyota new release did not mention year to date sales. Auto
>> > News still shows Toyota down 24% for 2009 as a whole (this also
>> > happens to be the industry decline).
>> >
>> > Ed
>> >
>>
>> I've seen the reference to daily average sales rate before from other
>> automakers. I think automakers started announcing the daily average
>> sales rate as a way to come up with good news in bad times.
>>
>> Toyota, and I assume other automakers, use daily average sales rate
>> to allocate vehicles to dealers and as a gauge for how much to ramp
>> production up or down. Toyota refers to the daily average sales
>> rate as a "travel rate" and uses it to determine days supply. That
>> said, month-to-date and year-to-date sales are what get reported on
>> the financial statements.
>>
>> --
>>
>> Ray O
>> (correct punctuation to reply)
>
> In related news, bullets are flying off the shelves...
>

At a much higher increase persentage than all of the car manufactures
put together. KB

--
THUNDERSNAKE #9

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