SAAR Hits 17 Million On Strong June Sales

Derek Kreindler
by Derek Kreindler

For the first time since 2006, the SAAR topped 17 million, as the first half of 2014 finished on a strong note.

Buick, Audi and Jeep posted double digit gains, while Maserati sales rose 233 percent, on account of having more than two vehicles in its lineup. Volvo, the Chrysler brand, Smart, Acura and Volkswagen brand were the big losers. The average transaction price rose to $32,342, a 1.4 percent increase since this time last year. For a full table, see Automotive News.

Derek Kreindler
Derek Kreindler

More by Derek Kreindler

Comments
Join the conversation
9 of 28 comments
  • 05lgt 05lgt on Jul 02, 2014

    Is there any way you could report a median transaction price instead of an average? It's in no way normally distributed, so the median would be much more informative.

  • Monty Monty on Jul 02, 2014

    Hmmm, Fiat is close to the 50K mark if sales continue at the same pace. I think Sergio may not be so crazy after all. Slow and steady growth with Fiat/Chrysler gaining on the field. An automotive Lazarus, if you will.

  • BklynPete BklynPete on Jul 02, 2014

    Will those Fiat numbers give Autoextremist's Sweet Pete De Lorenzo a massive coronary? All that rabid and bilious hatred for Sergio must take a toll.

    • See 1 previous
    • BklynPete BklynPete on Jul 02, 2014

      @Lorenzo No surprise there. Of course Jeep and RAM really pay the bills. PDL sees them as being championed by the "True Believers" in FCA. But I'm really surprised that the Italian side is doing well. I'd have thought MINI and the like would chew them out and spit them out, especially with such lousy quality.

  • SCE to AUX SCE to AUX on Jul 02, 2014

    Cadillac's ELR had a record month: 97 units. Even at this pace, they have nearly a 500-day supply. Using the average sales rate for 2014, they have about a 700-day supply. The Cadillac Cimarron sold 24x better. Consider that.

    • See 2 previous
    • SCE to AUX SCE to AUX on Jul 03, 2014

      @APaGttH The ELR is essentially badge-engineered, but not in the traditional sense. Volt buyers don't buy a Volt for the nice interior. They buy a Volt because of its low operating cost, and are willing to tolerate plugging it in every day, not to mention at every public port they can find. Cadillac failed here because they tried to clone the Chevy customer into the Cadillac realm. It doesn't work. Cadillac buyers may like low operating cost, but they're not willing to fool around with power cords EVERY DAY. Moreover, Cadillac has labored for years to sell a performance image, but the ELR is a tired dog. At least for the same money, Tesla customers get a good runner.

Next