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Grimnebulin
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Maybe it's too late at night, but since when does Acura's 533 (Jan05) car sales increase over a 13,131 (Dec04) previous month = 12.7%? Shouldn't this percent be something like a 4% increase?
Same thing for the Honda numbers - shouldn't a 10K decrease from a 77K previous month = 13% decrease, not a 4.6% decrease?
Odd...maybe I'm just too tired?
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Grimnebulin
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Maybe the %s are weighted for selling days? Add 2 more days to Jan05 and the %s might be close, but then they're comparing apples to oranges in that case...and why would you mix the two - very misleading by Honda if so...still not sure.
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Kaiso King
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There is nothing wrong with the calculations. The base is JANUARY 2004 not December 2004. If you read the preceding article carefully you will see that. Also, in each of these reports, the comparisons have always been with the month in the previous year. For example June 2005 will be compared with June 2004 and NOT with May 2005.
Hope that this clarifies things for you.
Kaiso.
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Grimnebulin
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Kaiso King wrote:
There is nothing wrong with the calculations. The base is JANUARY 2004 not December 2004. If you read the preceding article carefully you will see that. Also, in each of these reports, the comparisons have always been with the month in the previous year. For example June 2005 will be compared with June 2004 and NOT with May 2005.
Hope that this clarifies things for you.
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Yes - I made a mistake in my posting - I was comparing Jan05 to Jan 04 (not Dec04 as I put - the 13331 was for Jan04) for my % calculations - maybe they're using Dec04 numbers then?
If you do the math for the columns above (Jan05 vs Jan04), then the %s don't work out...unless the % comparisions are for prior month maybe.
Please tell me how 13,664 (Jan05) is 12.7% greater than 13,331 (Jan04)...if true, GeeW needs to employ some of these mathematicians to make his budget numbers work...
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cobalt
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Grimnebulin wrote:
Maybe the %s are weighted for selling days? Add 2 more days to Jan05 and the %s might be close, but then they're comparing apples to oranges in that case...and why would you mix the two - very misleading by Honda if so...still not sure. |
Yes, it's because there were 24 selling days this year and 26 last:
13664/24 = 569 cars/day
13131/26 = 505 cars/day
569/505 = 112.7%, which is a 12.7 increase.
The reason for accounting for the different number of selling days is that they are trying to compare apples to apples -- if your dealerships are closed, then they can't sell cars that day and they shouldn't be penalized in the numbers for it. Your point, I assume, is that more people will simply come the next day if the dealership is closed so that the montly selling rate (not daily) is more accurate. I think there is some validity to both of these thoughts.
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