Showing posts with label reports. Show all posts
Showing posts with label reports. Show all posts

Friday, April 13, 2018

March Was a Good Month for Cadillac Sales, GM Reports

If you're Cadillac enthusiast, you just might be pleased to hear that the brand rang up strong sales for March 2018, posting a year-over-year increase of over 25 percent—Cadillac's best March sales during the marque's twenty-second month of consecutive sales growth.

So what Caddy models are driving the growth? In a statement, GM reported that sales were driven by impressive performances of both the Cadillac XT5 and the Escalade, which continues to gain market share with retail sales up 15 percent for the month. The brand’s sedan portfolio also saw robust growth during the first quarter of 2018. Cadillac XTS, CT6, and ATS sales also saw significant gains, the company said.

Saturday, March 24, 2018

Been Blown Lately? If You've Got a Supercharger, You're Part of a Market Headed Toward Nearly $11 Billion, Report Says

A suipercharged V8 engine in a vintage 1968 AMC AMX, 
ready for dragstrip racing. Photo by Christopher Ziemnowicz 
(posted to Wikipedia).
When it comes to being blown, size apparently does matter—market size, that is. A market research report released recently by MarketsAndMarkets, a firm based in Pune, Maharashtra, India, the global automotive superchargers space will have a market size of $10.95 billion by the year 2025.

The report also sizes the supercharger market at $7.26 billion as of 2017, according to a statement from MarketsAndMarkets announcing the report. The automotive supercharger market is also projected to grow at a rate of more than 5 percent annually, the company states. 

Of course, since superchargers are not relevant to electric vehicles, if the report is accurate, it's just another piece of evidence that speculation about the near-term demise of the internal combustion engine is premature indeed.