4.6 • 854 Ratings
🗓️ 17 January 2019
⏱️ 42 minutes
🧾️ Download transcript
With the North American International Auto Show in full swing, we've seen a flood of news around US automakers. Motley Fool Senior Auto Analyst John Rosevear to break down all the latest news surrounding Ford, GM, and the global auto market.
Stocks Mentioned:F, GM, TSLA, VWAGY, HMC
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| 0:00.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day. |
| 0:07.0 | Today is Thursday, January 17th, and we're talking about cars. |
| 0:10.0 | I'm your host Nick Saipel, and today I'm joined by Motley Fool senior auto analyst John |
| 0:14.7 | Roosevelt via Skype. How you doing John? I'm doing great Nick, how are you? |
| 0:19.2 | I'm doing well, you know I'm really excited about this show today. We've had a lot of news coming out of the North American International Auto Show in Detroit, which I believe is still going on. |
| 0:29.0 | But first I want to look back at 2018. We got some numbers out about the top selling vehicle |
| 0:35.0 | models from car and driver so out of the top 25 selling vehicles in North |
| 0:39.6 | America the really the top three were pickup trucks we had the Ford F series with 900,000 units sold just blowing out of the |
| 0:46.4 | blowing out of the water the next the next closest performer which was the Chevy Silverado |
| 0:51.2 | at 585,000 units sold. |
| 0:54.1 | Another story we see in these numbers too |
| 0:55.7 | is the death of the sedan. |
| 0:57.1 | So out of the top 25 selling models, |
| 1:01.2 | the first sedan came in at number 7 and the only US |
| 1:04.1 | sedan in the top 25 is the Ford Fusion and that car is getting retired this |
| 1:08.3 | year John. What are you seeing out of these model numbers and what trends can we |
| 1:11.4 | pull out of that? Well I think the death of the sedan is overstating thing. |
| 1:15.0 | I think people will, there will always be people who want sedans, but certainly there are fewer of those |
| 1:20.1 | people than there were eight, ten years ago and this is this is a trend that has |
| 1:25.6 | been going on for a while and it actually predates the big drop in oil prices that |
| 1:29.8 | we saw earlier in the decade it's that it's crossover's, which is an SUV-shaped |
| 1:36.4 | vehicle designed on a sedan style architecture, so it's unibody rather than truck-based so that instead of riding like a truck |
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