Tag: auto sales

By on August 22, 2017

2017 Chrysler Pacifica Limited - Image: ChryslerEight years ago, American consumers, businesses, and governments acquired only 10.4 million new vehicles.

Sound like a lot? The U.S. auto industry generated an average of 16 million new vehicle sales in the five years leading up to 2009; 16.3 million annually over the last half-decade.

With the overall market’s collapse, it’s not surprising to hear that very few minivans were sold. Claiming only 4.3 percent of the industry’s volume, minivans collected only 448,000 sales.

At the current rate of decline through 2017’s first seven months, this year won’t be quite that bad. But it’s on track to be almost that bad, and the worst year since. (Read More…)

By on August 17, 2017

2017 Ford F-150 Towing - Image: FordThe Ford F-Series was the planet’s best-selling line of new vehicles in the first half of 2017. Boosted by a 9-percent year-over-year global sales increase, the broad F-Series range produced 519,000 total sales in 2017’s first six months, according to JATO Dynamics, about 47,000 more sales than the second-ranked Toyota Corolla.

The F-Series wasn’t the only pickup truck on the list of Earth’s 20 most popular vehicles in 2017, to date. FCA’s Ram P/U lineup ranked 11th and the Chevrolet Silverado grabbed the 15th position. The United States market, on its own, accounts for the overwhelming majority of global sales generated by these full-size pickup families: more than 80 percent for the F-Series, just under 80 percent for the Ram, and nearly 90 percent for the Silverado.

Utility vehicles, meanwhile, earned seven of the top 20 positions. And while seven of the nine cars sold less often in the first half of 2017 than in the equivalent period in 2016, six of the seven crossovers reported year-over-year improvements. (Read More…)

By on August 14, 2017

2018 Honda Odyssey Touring – Image: © Timothy CainIn the 2016 calendar year, the Honda Odyssey was Canada’s 41st-best-selling vehicle.

In the first half of 2017, as the fourth-generation Odyssey’s tenure came to an end, the Honda van plunged 11 positions to 52nd. Odyssey sales were down 18 percent, year-over-year. Odyssey volume was on track to fall to a five-year low. Hashtag minivans dead.

Then, descending from the top of Mount Fuji with a Soichiro-shaped halo, hosting enough seats for the entire Odyssey SCCA pit crew, declaring 30 more horses than the original Acura NSX, equipped with enough gears in its transmission for 2.5 copies of the Toyota Yaris, and speaking with just enough of an Alabama twang to be authentically North Americanized, the 2018 Honda Odyssey appeared.

Canadian sales of the Honda Odyssey consequently rose to the highest level in 15 years. And so shall it ever be. (Read More…)

By on August 9, 2017

2016 Toyota Prius Four - Image: ToyotaIf current marketplace trends hold, the Toyota Prius will not be America’s best-selling hybrid by next year.

The steep rate of decline experienced by the Prius in 2017 is no surprise. For one thing, it’s a continuation of the decline we saw earlier in the fourth-gen Prius’ tenure. For another, there are new Prius competitors, such as the Hyundai Ioniq and Toyota’s highly efficient 2018 Camry Hybrid. But the Prius’s rapid slide — sales are down by a third so far this year — is also what Toyota predicted at the turn of the calendar.

Yet even if the rate of Prius decline suddenly and unexpectedly slows, it’s difficult to imagine a scenario in which the Toyota Prius, long the dominant hybrid in America, holds onto its crown as the top seller for long.

The victor in 2018 will, however, almost certainly be a Toyota. (Read More…)

By on August 4, 2017

2017 Cadillac ATSL China - Image: GM ChinaExpand your horizons. See the forest, not just the trees. Look west of the Pacific Coast Highway.

Cadillac sales plunged in the United States in July 2017, dropping by more than a fifth to only 11,227 units. That 22-percent dive was the worst for Cadillac’s U.S. operations since April of last year. The 11,227-sale result represented a five-month low for Cadillac in the United States and the lowest-volume since 2011.

But Cadillac is increasingly a less U.S.-centric automotive brand. Just three short years ago, two-thirds of Cadillac’s volume was produced in its American home market. Fast forward to July 2017 and the majority of Cadillac’s volume isn’t produced in the market where it’s suffering from such dwindling demand.

Rather, Cadillac generates the bulk of its global volume outside of America, where Cadillac demand is rapidly increasing. (Read More…)

By on August 4, 2017

Mini Cooper 5-door production line Oxford - Image: BMW UKAuto sales in the United Kingdom tumbled 9 percent in July 2017, a fourth consecutive year-over-year monthly decline for a market that had surged to record-high levels in the first-quarter of 2017.

A transitioning period for the Ford Fiesta — entering a new generation that is almost certainly not bound for North America — dropped the UK’s normal best-selling vehicle out of the top spot for a second consecutive month. Another Ford, the Focus, took over as the UK’s top-selling automobile as total sales at Ford, the UK’s top-selling brand, plunged 24 percent compared with July 2016.

Ford’s drop was by no means the only sharp decrease. Losses of more than 20 percent were also reported by Alfa Romeo, Citroën, Citroën’s DS brand, Fiat, Jeep, Peugeot, and Vauxhall.

Apparently, Brexit is to blame. (Read More…)

By on August 3, 2017

2017 Subaru Impreza Limited - Image: SubaruGlobal Subaru operating income rose 19 percent to $1.06 billion in the quarter ending June 30. Net income was up 4 percent to $733 million on an 11-percent revenue increase to $8.9 billion.

Why?

Subaru’s long since gone to look for America. And while U.S. auto sales keep on slowing — falling for a seventh consecutive month in July 2017, for example — Subaru’s U.S. sales keep on rising. July, in which Subaru begins the current fiscal year’s second quarter, was Subaru’s 68th consecutive year-over-year monthly increase.

The U.S. market generated six out of every ten global Subaru sales between April and June. (Read More…)

By on August 3, 2017

2017 Honda Civic hatchback - Image: HondaCanadian auto sales jumped 5 percent in July 2017, a big jump for an industry that has now posted growth in six of 2017’s first seven months.

Year-to-date, sales are well ahead of 2016’s pace: 58,000 units greater than in the first seven months of 2017. In fact, on a quest for the Canada’s first ever year of more than 2,000,000 sales, the industry would now need a genuine downturn in 2017’s final five months to avoid a hugely successful year.

More proof that the Canadian auto industry’s on a hot streak? Even passenger car sales are… well, they’re only down slightly. (Read More…)

By on August 3, 2017

2016 Toyota RAV4 Limited - Image: ToyotaToyota Motor North America’s executive vice president for sales, Bob Carter, is not ready to rain down doom and gloom on the state of the U.S. auto market.

From Toyota’s perspective, even the July results — 2017’s seventh consecutive month of decline, and the worst decline yet — didn’t represent the end of the American auto industry as we know it. In fact, total Toyota/Lexus U.S. volume actually increased 4 percent despite a shorter sales month than in July 2016.

While aware of the overall climate, in which Toyota sales are down more than 2 percent this year, Toyota’s U.S. sales boss says he’s “energized,” according to Automotive News“The industry is not at a pace where it was in 2016 — we didn’t expect it to be at the pace of 2016,” Carter says, “but it’s still very healthy.”

And not without good reason. (Read More…)

By on August 1, 2017

2017 Audi A4 - Image: AudiJuly 2017 auto sales were expected to decline for a seventh consecutive month, sliding further and faster than at any point this year. In the end, with incentive spending up 5 percent, U.S. auto sales dropped 7 percent in July 2017, a year-over-year decrease worth roughly 105,000 sales.

Detroit was to blame for much of the losses, in part because of steep reductions in fleet volume. General Motors, Ford Motor Company, and Fiat Chrysler Automobiles combined to lose 76,000 sales. General Motors came within 4,050 sales of losing the top seller’s crown to Toyota as GM July volume fell to a five-year low. At Ford Motor Company, total Ford/Lincoln volume fell to a six-month low. Fiat Chrysler Automobiles suffered steep declines at Jeep, Chrysler, Dodge, and Fiat.

Detroit automakers were by no means the only manufacturers losing U.S. auto sales in June. The Honda brand was down 2 percent, Nissan slid 4 percent, Kia and Volkswagen both fell 6 percent, and Hyundai plunged 30 percent.

But there were also bright spots. Audi sales rose 3 percent for its 79th consecutive monthly increase. Subaru sales, rising 7 percent in July, improved for a 68th consecutive month. And at Toyota, where the RAV4 was by far and away America’s top-selling utility vehicle in July, total volume rose 4 percent to 193,155 units, the best month for the brand in 2017 and the second-best of the last two years.  (Read More…)

By on August 1, 2017

2016 Chevrolet Impala LTZ Detroit - Image: GMAs U.S. auto sales are forecasted to fall between 5 and 6 percent in July 2017, the reports released this morning by the traditional Detroit Three — General Motors, Ford Motor Company, Fiat Chrysler Automobiles — appear to be worse than average.

Due to decreased year-over-year volume at each of its four brands, including a harsh 30-percent decrease at Buick, General Motors plunged 15 percent to 226,107 sales. That loss equalled 41,151 fewer sales for America’s largest automobile seller. At Ford Motor Company, total sales fell 7 percent despite rising F-Series sales. Car volume tumbled 19 percent at Ford and Lincoln, and SUV/crossover sales were up only slightly. At FCA, meanwhile, a 10-percent overall decline was caused by decreased volume at Jeep, Chrysler, Dodge, and Fiat.

Fortunately, there remain reasons for optimism. (Read More…)

By on July 28, 2017

2018 Subaru Forester - Image: SubaruDespite all of the attention being called to the U.S. auto industry’s downturn in early 2017, first-half auto sales slipped only 2 percent from 2016’s all-time record highs.

But the rate of decline in July 2017 is expected to be the worst of the year so far, with forecasters generally calling for drops of at least 5 percent.

That will represent a loss of at least 76,000 sales in July alone. (Read More…)

By on July 26, 2017

2017 Nissan Rogue Sport and Rogue - Image: NissanCars are not at the top of the heap.

In fact, not since 2013, when the Toyota Camry was America’s third-best-selling new vehicle, has a passenger car claimed a podium position on the U.S. automotive sales leaderboard. Fast forward to 2017 and passenger cars are way down the list of America’s top-selling new vehicles.

With pickup trucks so obviously differentiated from conventional consumer-oriented vehicles, and with the top-selling trio of pickup trucks (Ford F-Series, Chevrolet Silverado, Ram P/U) so distinctly more common, we’ve compiled this list of America’s 20 top-selling vehicles that aren’t pickup trucks, a halfway measuring stick that shows which vehicles are the dominant market forces through 2017’s first six months. Not including the pickup trucks that own 16 percent of the industry, of course.

The top-ranked nameplate deserves an asterisk — an asterisk that will grow in size over the coming months. And cars? Even with pickup trucks excluded, they miss the podium altogether. (Read More…)

By on July 6, 2017

2016 Toyota RAV4/RAV4 Hybrid - Image: Toyota

We’re beginning to pummel a dying horse here but, as you already know, the North American automotive market is shrinking right now. Toyota wants to mitigate this by funneling sales into rental fleets. While this tactic has become unpopular with automakers like General Motors, others have bolstered fleet sales to cope with the lackluster demand. Hyundai, for example, has relied heavily on rental companies to boost its total volume, but the move has placed dealerships and the corporate office at odds with each other.

Toyota’s U.S. deliveries fell 3.6 percent through June of this year, which is 1.5 percent ahead of the industry’s overall decline. The automaker wants to fill the gap by ramping up volume to rental companies before the end of 2017. Like Hyundai, Toyota’s best sellers are passenger cars — which have taken the brunt of consumer apathy of late — but knows it can still unload them on Enterprise, Avis, and Hertz.  (Read More…)

By on July 3, 2017

2018 Volkswagen Atlas - Image: VolkswagenAuto sales slid 3 percent in the United States in June 2017, marking the end to a first-half of 2017 in which U.S. auto sales declined in six consecutive months.

Despite Acura-fuelled improvements at American Honda, RAV4-powered increases at Toyota, Volkswagen’s continued bounce-back from the brink, a 6-percent jump in full-size pickup truck sales, and modest gains at a number of America’s top-selling premium brands, June volume fell by roughly 45,000 units, year-over-year.

June wasn’t a horrible month for auto sales in America, just as the first-half of 2017 was not a dreadful stretch. The comparison with 2016, a record year for auto sales in America, causes 2017 to appear worse than it really is. (Read More…)

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