12 Views
SAAR Hits 17 Million On Strong June Sales
by
Derek Kreindler
(IC: employee)
Published: July 2nd, 2014
Share
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
More by Derek Kreindler
Published July 2nd, 2014 8:47 AM
Comments
Join the conversation
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.
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.
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.
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.