Tag: auto sales

By on October 17, 2017

british-leyland-mini

While some of Europe saw modest auto sale gains through the first nine months of 2017, the region has mirrored North America’s decline in deliveries since the end of the summer. The United States saw eight consecutive months of declining sales this year, with a positive bump in September and better than expected volume in Canada.

Europe, meanwhile, saw the inverse. Passenger car registrations fell 2 percent year-over-year to roughly 1.43 million deliveries in September, despite August seeing a 5.6-percent improvement. Overall, 2017 has the makings of a unsatisfactory sales year for both regions. But Europe seemed to be doing alright before the U.K. suddenly stopped buying cars.

British registrations took a massive nosedive after Brexit. By September, it represented a monthly decline of 9.3 percent, compared to Germany’s 3.3 percent slide. Even though the rest of the continent saw a gain in sales, having Europe’s two largest markets lagging guaranteed the net loss.  (Read More…)

By on October 11, 2017

2018 Audi Q5 - Image: AudiIn concert with the American auto industry, Canada’s auto industry reported an all-time record year of sales in 2016.

The difference? In Canada, 2016 represented the fourth consecutive year of record sales. Another difference? Canadian auto sales just kept on growing throughout 2017. Most recently, that streak of increases included an 8-percent year-over-year uptick in September 2017. Sales last month were 16-percent stronger than they typically are in September.

Month after month after month, Canada’s auto industry just keeps on smashing records. It’s as if the U.S. auto industry posted its banner year of 17.5 million sales in 2016 and then bettered that with 18.5 million sales in 2017. (Read More…)

By on October 4, 2017

2018 Toyota Camry and 2018 Honda Civic - Images: Honda And ToyotaIn many ways, September 2017’s auto sales bucked the trend. After the industry combined for decreased volume, year-over-year, in each of 2017’s first eight months, auto sales in September rose 6 percent. Meanwhile, the shrinking car sector that tumbled 12 percent through the first two-thirds of 2017 was down only 3 percent in September.

There were two big reason the passenger car decline wasn’t worse: America’s two best-selling cars.

Excluding the Honda Civic and Toyota Camry, U.S. car sales fell 6 percent. But as the clear-out of remaining 2017 Honda Accords got underway and produced 10-percent growth, the launch of the 2018 Toyota Camry generated a 13-percent uptick. Meanwhile, the Honda Civic’s 26-percent surge allowed the compact Honda to expand its lead over the midsize Camry in the race to end 2017 as America’s best-selling car. (Read More…)

By on October 3, 2017

2018 Subaru Outback - Image: SubaruU.S. auto sales exceeded analyst expectations with a big 6 percent year-over-year increase to 1.5 million units in September 2017, the first monthly improvement in 2017 so far.

After auto sales fell 3 percent during the first two-thirds of 2017, big September increases from Toyota Motor Corp., General Motors, Ford Motor Company, American Honda, Nissan’s trio of brands, and numerous smaller outfits brought the sales pace achieved through the first three-quarters of 2017 within sight of 2016’s record rate. By the end of September, U.S. auto sales are down by less than 2 percent compared with last year.

Pickup trucks played a major role in September’s improvements, growing at twice the rate of the industry at large. The Honda Civic expanded its lead as America’s best-selling car on a quest to end the Toyota Camry’s 15-year run. Minivan sales plunged to barely more than 33,000 units. The Toyota RAV4 topped 42,000 sales for a second consecutive month, leading a booming SUV/crossover class. (Read More…)

By on October 3, 2017

All-New 2018 Ford F-150 - Image: FordSeptember 2017 sales of pickup trucks rose to the highest level so far this year in the United States, jumping 12 percent to 257,864 units.

Prior to this point, truck sales had grown by less than 4 percent, year-over-year, averaging slightly more than 225,000 monthly units.

September’s big gain was fuelled almost entirely by improvements among the full-size pickup trucks that own 84 percent of America’s pickup truck market. And America’s full-size pickup truck gains were powered in large part by America’s best-selling line of vehicles: the Ford F-Series. (Read More…)

By on September 28, 2017

2017 Honda Civic Si Sedan - Image: HondaBoth Edmunds and Kelley Blue Book are forecasting marginal year-over-year sales increases for the U.S. auto industry in September 2017.

If the analysts prove correct, it will be the industry’s first month of growth since December of last year. What’ll it take to push the industry beyond the 1.43 million new vehicles sold in September 2016?

The big gains from General Motors and Toyota will have to be big enough to overcome big losses from Fiat Chrysler Automobiles and Hyundai-Kia. (Read More…)

By on September 20, 2017

2017 Subaru Impreza sedan and hatch - Image: SubaruThrough the first eight months of 2017, consumers across America have acquired 12 percent fewer new passenger cars than during the first eight months of 2016.

That’s a drop of 565,000 sales, a rate of decline that stands in stark contrast to the U.S. auto industry’s 4-percent year-over-year light truck improvement. Cars now account for just 37 percent of all auto sales, down from more than 50 percent as recently as 2012. But it’s not all doom and gloom. Some auto brands are selling more cars this year than last, and a wide variety of cars are accelerating their sales pace. Subaru, for example, has already sold 17,981 more Imprezas in 2017 than in the same period of 2016.

So we’ve compiled a list of every passenger car that’s making meaningful headway in America’s anti-car market — the cars that are selling more and more often even as many of their competitors suffer under the weight of a pro-F150, pro-RAV4, pro-Escalade ESV wave.

The list is not very long. (Read More…)

By on September 6, 2017

2017 Chevrolet Silverado - Image: ChevroletCanadian auto sales climbed to an all-time record high in 2013, jumping past the 1.7-million mark for the first time since 2002. The industry bettered that total in 2014, topped 2014’s total in 2015, and set a new record in 2016.

While U.S. auto sales continue to fall, sliding 2 percent in August and 3 percent through the first two-thirds of 2017, Canadian auto sales in August 2017 improved for a fourth consecutive month and the seventh month so far this year. Moreover, the improvements have been anything but modest. An 11-percent uptick in May was followed up by a 6-percent June increase, a 5-percent July increase, and a 7-percent August rise.

In fact, so strong are Canadian auto sales through the first two-thirds of 2017 that disaster would need to strike in the final four months of the year in order for 2017 not to be the best year ever for the Canadian auto industry.

Disaster appears unlikely. (Read More…)

By on September 6, 2017

2018 Subaru Crosstrek - Image: SubaruSubaru’s eight-month-old U.S. monthly sales record of 63,177 units, reported in December 2016, fell by the wayside as Subaru of America posted its 69th consecutive year-over-year sales increase in August 2017.

Subaru sales last month jumped 5 percent over August 2016 to 63,215 units, breaking the brand’s all-time record by a scant 38 units.

Why is Subaru’s August growth and record achievement so important? There are four key reasons. (Read More…)

By on September 6, 2017

2017 Fiat 500L - Image: FCAFiat Chrysler Automobiles did not sell any Fiat 500Ls in Canada in August.

Hyperbole has gotten the best of modern society. You might say, “Those chips have no taste,” when asking your grocery-shopping spouse to stop buying those Garden Veggie Straws you so detest. But there is some taste; just not much. (Recommended: the rosemary olive oil flavor.)

“Alex Ovechkin doesn’t score goals any more,” your Capitals-loving son says. No, Ovechkin just doesn’t score as many goals as he used to.

Politicians never work together. There’s no sea ice in the Arctic. Subcompact crossovers always suck.

That’s the sort of rhetoric that minimizes the value of truth when truth is presented in an equally straightforward fashion. But in all seriousness, FCA Canada truly did not sell a single Fiat 500L in August 2017.

In fact, with alarming frequency, FCA Canada’s sales reports don’t include any Fiat 500L sales. But FCA Canada is sticking to its guns, unrelenting in the face of a horrifying popularity dearth, immutable when challenged by a Fiat lineup that needs an overhaul. FCA Canada confirmed as such to TTAC this morning: there will be a 2018 Fiat 500L. (Read More…)

By on September 5, 2017

2017 Jeep® Cherokee Trailhawk - Image: JeepAugust 2017 represented the twelfth consecutive month in which U.S. sales at Fiat Chrysler Automobiles declined on a year-over-year basis.

FCA volume slid 11 percent in August, a loss of nearly 21,000 sales, as retail and fleet volume declined. The decreases were most keenly felt at Jeep and Chrysler, which tumbled 15 percent and 33 percent, respectively. But Dodge, Ram, and Fiat sales also reported losses compared with August 2016.

More troubling than the poor August results, however, is the predictability of August’s results. FCA’s disappointing trendline began in September 2016. Year-over-year, FCA lost 187,000 sales over the last 12 months. (Read More…)

By on September 1, 2017

2017 Cadillac XT5 - Image: CadillacA predicted auto sales improvement in August, expected to be the first year-over-year increase in 2017, gave way to decreases for many automakers as Hurricane Harvey’s drastic effects shut down demand in one of the nation’s largest auto markets for the final quarter of the month.

According to Edmunds, Ford, Ram, GMC, Cadillac, and Mitsubishi all claim Texas as their largest market. The period surrounding Labor Day produced 4 percent of America’s new vehicle sales in 2016, but that figure will undoubtedly fall because of Harvey’s devastating impact. (Read More…)

By on August 31, 2017

2016 Ford F-150 Limited - Image: FordThe Toyota Camry, America’s best-selling passenger car in 2016 for a 15th consecutive year, was not the best-selling overall vehicle in any one state last year.

According to registration figures tabulated by Kelley Blue Book and highlighted by USA Today, the Honda Accord, Honda Civic, and Toyota Corolla were the only cars to claim any state-wide auto sales victories.

In 15 other states, utility vehicles of one variety or another (Ford Escape, Honda CR-V, Subaru Outback, and Toyota RAV4) were tops in overall vehicle sales. Hawaii’s sales crown stayed in the hands of the Toyota Tacoma. GM’s full-size truck twins ruled the roost in eight states, largely east of the Mississippi.

That leaves the Ford F-Series’ F-150 variant, the top-selling vehicle in America, to take top honors in 22 states, including its biggest market of Texas. (Read More…)

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…)

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