Jesse Snyder

JESSE SNYDER

Sit-highs: The lucky ducks have trucks

12:01 am U.S. ET | Sept. 8, 2014
August's U.S. auto sales report was full of good news. But forget the normal scorecard of unit sales. Let's look at some real winners: trucks and the automakers that have more of them.... Read More »

 

JESSE SNYDER

Get trucky, get lucky

12:01 am U.S. ET | Sept. 3, 2014
What a bubbly month August turned out to be. Good news pretty much anywhere you look. U.S. auto sales up. Lotsa folks won big percentage gains. Average transaction prices rose more than incentives. And a Labor Day surprise pushed the month beyond merely matching last year's blowout August into the best monthly selling rate since January 2006.... Read More »

 

JESSE SNYDER

An impressive streak, locked and still going

4:15 pm U.S. ET | Aug. 1, 2014
With July U.S. sales volume up 9 percent and full-year forecasts ramping higher, 2014 is increasingly appearing locked in as the fifth straight year of U.S. auto sales growth.... Read More »

 

JESSE SNYDER

How can 1% growth feel so good?

12:01 am U.S. ET | July 1, 2014
June turned out to be a great month for U.S. auto sales. Ignore that goofy 1 percent increase in units sold. It’s a calendar fluke. The 17 million selling rate tells the tale.
... Read More »

 

JESSE SNYDER

Ya gotta love those new models

5:38 pm U.S. ET | June 3, 2014
Jeep is hot, hot, hot. Volkswagen is cold as ice. Nothing helps like fresh product on the floor. And nothing aches quite the way that an aging lineup does.... Read More »

 

JESSE SNYDER

Playing ‘Pros & Cons’

12:01 am U.S. ET | May 1, 2014
I have mixed feelings about April’s sales results. Yes, volume rose 8 percent and put us on pace to reach 16 million units this year. But no, it didn’t blow the doors off.... Read More »

 

JESSE SNYDER

New Russian outlook: 'Slower, lower, weaker'

12:01 am U.S. ET | April 23, 2014
Days after Russia annexed a province of Ukraine and U.S. and European forces mobilized, you would expect a conference in the United States on the future of the Russian auto industry to be pessimistic.... Read More »

 

JESSE SNYDER

New Russian outlook: 'Slower, lower, weaker'

3:50 pm U.S. ET | April 22, 2014
Days after Russia annexed a province of Ukraine and U.S. and European forces mobilized, you'd expect a conference on the future of the Russian auto industry to be pessimistic.... Read More »

 

JESSE SNYDER

OK, the scary part is over

4:44 pm U.S. ET | April 1, 2014
It’s officially safe to breathe again. Most folks in the industry firmly believed the dreary January and February auto sales were caused primarily by wretched weather. But actually seeing March sales rebound confirms it.... Read More »

 

JESSE SNYDER

Why Sally can't buy a new car

12:01 am U.S. ET | March 17, 2014
America's outstanding student-loan debt is now greater than all auto loans, more than credit card debt.... Read More »

 

JESSE SNYDER

New light on the dark art of comparing warranty costs

4:01 pm U.S. ET | March 5, 2014
Today there's a bit more light in the auto industry's dark art of vehicle warranties and recalls. By dark art, I don't mean each automaker's warranty specialists don't know their costs down to the last dollar. I mean almost nobody else does. But advisory firm Stout Risius Ross has a new database on auto recalls, which it laid out today in suburban Detroit.... Read More »

 

JESSE SNYDER

Sitting out Double Winter

3:28 pm U.S. ET | March 3, 2014
Sales are always lousy in January and February. That's regular winter. But this year, at least for the 78 percent of Americans east of the Rockies, it's Double Winter. That's what I've decided to call it. Because all the bad parts of winter have doubled. Double cold. Double snow. Double salt. Double potholes. Maybe triple potholes in Michigan.... Read More »

 

JESSE SNYDER

At Volkswagen, labor is indeed a full partner

12:01 am U.S. ET | Feb. 24, 2014
I was shocked by two Southern politicians so eager to score points with local conservative voting bases that they insulted half the board members of the automakers whose U.S. plants they so covet.... Read More »

 

JESSE SNYDER

At VW, labor is full partner -- please tell southern U.S. politicians

8:05 am U.S. ET | Feb. 21, 2014
Especially in an election year, I expect political rhetoric over UAW organizing in the South. But, frankly, I was shocked by two southern politicians so eager to score points with local conservative voting bases that they insulted half the board members of the German automakers whose plants they so covet.... Read More »

 

JESSE SNYDER

Cold spells, snowfalls, a fluke and an asterisk

12:01 am U.S. ET | Feb. 3, 2014
January U.S. light-vehicle sales down 3 percent? Welcome to 2014. We’re gonna have more months like this.... Read More »

 

JESSE SNYDER

Why economic developers love auto events

3:54 pm U.S. ET | Jan. 16, 2014
Wherever auto executives gather, so do people trying to land the next new plant location or retain the car jobs they’ve already won. The economic development folks hit Detroit in droves this week.... Read More »

 

JESSE SNYDER

In 2014, the auto sales game will be won in the trenches

4:24 pm U.S. ET | Jan. 13, 2014
From an industrywide perspective, U.S. auto sales look as graceful as a long completed pass to a wide receiver. But at the brand and nameplate level, it's messy. And in 2014, the game is gonna get tougher.... Read More »

 

JESSE SNYDER

Black swans, canaries and coal mines

9:38 am U.S. ET | Jan. 13, 2014
Woo hoo! So we're headed for another year of rising U.S. auto sales. Fifth straight, with 2014 back to pre-recession volume. Woo hoo indeed! But if the Great Recession taught us anything, it's caution. We're suspicious of good news.... Read More »

 

JESSE SNYDER

3 things we learned from December sales

3:58 pm U.S. ET | Jan. 3, 2014
A series of powerful snowstorms through much of the country kept enough buyers away from United States dealerships to make December's volume gain a mere technicality -- up 2,602 units, or 0.19 percent. Oddly enough, even that little bit helps in the rounding game.... Read More »

 

JESSE SNYDER

December and the will to win

4:30 pm U.S. ET | Dec. 3, 2013
Most yearly sales races were decided much earlier. But in the few still unsettled, it comes down to who has a kick left.... Read More »

 

JESSE SNYDER

Like dad, Mel Parekh is turning around a GM store

10:31 am U.S. ET | Nov. 12, 2013
At 38, dealer Mel Parekh is rescuing his second store. But in a way, Princeton Chevrolet in New Jersey is his fourth turnaround.... Read More »

 

JESSE SNYDER

Bleeding reserves today, when we'll need them tomorrow

4:47 pm U.S. ET | Nov. 1, 2013
Everybody is focusing on the positive aspects of October auto sales. Car execs and analysts are busy praising consumer “resilience” and mooning over a 10 percent sales gain. And everybody ignores the obvious: October sales ain't what they could have been without the partial government shutdown and specter of a federal debt default.... Read More »

 

Strong car sales boost 3rd-quarter auto share prices

12:01 am U.S. ET | Oct. 28, 2013
Continuing sales growth fueled strong returns for global automotive stocks in the third quarter.... Read More »

 

JESSE SNYDER

Graded on a curve(d) calendar, August-September duo ain't all that bad

12:01 am U.S. ET | Oct. 7, 2013
With 2,638,500 light-vehicles sold, this AugSept ain't all that bad.... Read More »

 

JESSE SNYDER

Grading AugSept on a curve(d) calendar

4:02 pm U.S. ET | Oct. 1, 2013
Confused by cock-eyed counting in August and September U.S. auto sales? I mean, when the folks who tally up auto sales decide to move the whole Labor Day weekend out of September and into August, it messes up comparisons.... Read More »

 

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Defying Dad, by building on his legacy

Defying Dad, by building on his legacy

At Courtesy Auto Group in Illinois, second-generation dealers Ray and Rik Fregia have seen a 30 percent boost in sales this year, thanks largely to million-dollar overhauls at their three stores. Mon., September 15
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