With the horrible first 6 months of 2009 behind us now, it is interesting to compare auto sales to auto manufacturing.
For SCG’s largest customers, the comparison below is illuminating.
SALES vs PRODUCTION
CHRYSLER -46% vs -85%
FORD -32% vs -54%
GM -40% vs -70%
HONDA -33% vs -54%
TOYOTA -38% vs -48%
For carmakers and suppliers, the first six months of 2009 were clearly more painful than car sales themselves would lead one to believe.
Tags: car sales