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Autoblog Minute: 2015 SEMA Show recap

We take a trip to Las Vegas for a recap of the 2015 SEMA show, the trade show for automotive aftermarket professionals and enthusiasts. Autoblog's Eddie Sabatini reports on this edition of Autoblog Minute. Featuring commentary from Senior Editor Greg Migliore. Additionally, we've got our full roundup of SEMA Show coverage, below. Have a look through our collection of posts, and scroll down for the full Autoblog Minute transcript. Show full video transcript text [00:00:00] We take a trip to Las Vegas for a preview of SEMA, the trade show for automotive aftermarket professionals and enthusiasts. I'm Eddie Sabatini and this is your Autoblog Minute. Mazda, Ford, Chevy, Mopar, Roush, and Galpin are just a few of the industry names on hand at this premier tuner show. For a closer look at this year's action we go to Autoblog Senior editor, Greg Migliore: [00:00:30] - [00:01:00] [Greg Migliore Interview] For our full coverage of the 2015 SEMA Show head to Autoblog.com/sema. [00:01:30] For Autoblog I'm Eddie Sabatini. Autoblog Minute is a short-form video news series reporting on all things automotive. Each segment offers a quick and clear picture of what's happening in the automotive industry from the perspective of Autoblog's expert editorial staff, auto executives, and industry professionals. SEMA Show Chevrolet Ford Honda Concept Cars Autoblog Minute Videos Original Video SEMA 2015

GM profits threatened by glut of pickups

Automotive News reports that General Motors may slash production or ramp up discounts in order to deal with an oversupply of pickup trucks. GM currently has more than double the standard supply of pickups, and the vehicles are threatening to dampen the automaker's profits for 2013. Typically, automakers try to sustain a 60- to 75-day supply of vehicles, but GM is currently loaded with a 139-day supply, as of last month. At the end of November, the automaker was sitting on 245,853 units.
The manufacturer says that it will adjust production accordingly before laying any incentives on the profitable pickups. Even so, there's some concern that the inventory swell could hurt the roll-out of the next-generation Chevrolet Silverado and GMC Sierra. GM actually began slowly stepping back production in August, but it's clear the company will take further action as it heads toward the end of the year and into the next. Analysts predict the automaker could reduce pickup manufacturing by nearly half in the first quarter of 2013.
That still may not be enough to keep GM from laying extra cash on the Silverado and GMC Sierra. While the company's incentive spending was down in November compared to the same month in 2011, both the Ram 1500 and Ford F-150 saw double-digit percentage increases in sales last month while the Silverado and Sierra numbers slid compared to a year prior. Incentive spending could help move more trucks and add some balance to the GM inventory surge.

January no slump for Chevy Volt this year

The mild winter didn't tank January sales for the Chevy Volt this year. While last month's sales were a lot lower than December's – because January new vehicle sales are almost always lower than December's - the second-gen Volt had a good month. GM sold 996 Chevy Volts last month, an increase of 83.8 percent over the 542 sold last January. In December, 2,114 Volts were sold. The trend wasn't as good over at Nissan, which sold 755 Leafs in January. That's a drop of 29.4 percent compared to the 1,070 sold in January 2015. Given the lower overall sales for the Leaf these days, the drop from December wasn't as bad, with 1,347 Leafs sold in the last month of 2015. What's absolutely amazing is that after over five complete years of sales, the cumulative totals of the Leaf and Volt sales in the US remain almost exactly the same. The current difference is only 600 units, with the Leaf on top. If the Volt continues to outsell the Leaf for the next few months – and all indications are that that is likely, since Nissan is offering the first-gen model while Chevy has put out it much-improved second-gen - then we will soon get back to an equilibrium like we were at the end of February 2015, when the difference was just two units. As always, our more complete wrap up of all the green car sales in the US will be coming soon. Stay tuned. Related Video: News Source: Nissan, GM Green Chevrolet Nissan Electric ev sales