With vastly improved U.S. pickup truck volume, steadily growing full-size SUV sales, and growth from the brand’s crossovers, GM was easily able to overcome the car deficit to post a 10% overall sales improvement in America through the end of February. (Read More…)
Tag: car sales
Rough starts do not invariably lend credence to the belief that 2015 will be full of doom and gloom. Although January accounts for 8.5% of a calendar year, the month was responsible for just 6.7% of all new vehicle sales in 2013; only 6.1% of all new vehicle sales in 2014.
For a number of auto brands, however, 2015 could be difficult. At Scion, for example, sales fell 7% in 2013 and 15% in 2013, decreasing in 19 consecutive months before January 2015’s 8% year-over-year decline.
• Encore sales up 46.5% in January
• Regal falls into three-digit territory
• GM car sales down 7.3%
Jaguar volume slid 6% in January, a poor follow-up to 2014’s 7% drop. Although the XE will help, it’ll be a while before the brand’s new entry-level model actually lands. Smart is entering a transition phase, and the 6% drop in January to just 492 sales translated to the brand’s lowest-volume month since January 2013 and the second-lowest since November 2011.
Meanwhile, the 20% and 50% drops at Maserati and Bentley, respectively, equal slight volume decreases which could easily be made up in a single month at some point down the road.
Light trucks, a category which encompasses everything from pickups and body-on-frame SUVs to minivans and commercial vans to SUVs and very car-like crossovers, accounted for 52% of U.S. new vehicle volume in 2014, up from 49.9% in 2013. (Read More…)
The auto journo world is in a tizzy because electric automaker Tesla refuses to post its car sales numbers on a monthly basis and the numbers they do divulge are suspicious as they are without detail and they vary widely from actual registration numbers. Our friends at Jalopnik ranted about it last week, calling on Tesla to start reporting sales consistently. They based their story on a report by Seeking Alpha that deduced that Tesla may have as many as 12,000 unsold Model S’s, based on registration figures and the automaker’s quarterly financial reports.
We say congratulations, Elon Musk, you truly are the head of an American car company now, as reporting bogus sales numbers to the press is a normal part of an automaker’s modus operandi. (Read More…)
Passenger car sales in the United States are up just 1% as the overall industry has grown more than 5% through the first eleven months of 2014. America’s two best-selling premium brands, however, are enjoying more encouraging passenger car numbers in 2014. Quickly decreasing fuel prices are not, as of yet, slowing car volume at BMW in the least. (Read More…)
In the steadily growing U.S. new vehicle market, car sales have increased just 1% through the first ten months of 2014.
Nissan, however, says their car sales have grown 15.5% in 2014, surging forward by more than 90,000 units to 669,538.
In calendar year 2013, total new vehicle sales were up nearly 8%, but car sales grew just 4% during a year in which, for example, pickup trucks were up 12%.
2014 hasn’t been so kind to cars, with the Chrysler Group’s passenger cars collectively falling 15%, Ford Motor Company car sales sliding 4%, GM cars up less than 2%, American Honda car sales up less than 1%, Hyundai car sales down 3%, total Toyota/Lexus/Scion cars up just 1%, and the Volkswagen brand’s cars down 12%. (Read More…)
U.S. sales of passenger cars at the Acura brand are down 32% through the first eight months of 2014, yet total Acura brand volume is down just 3%, a loss of 3264 units. Acura’s trio of crossovers, including 66 sales from the cancelled ZDX, have improved 20%, a gain of more than 12,000 units, not quite enough to offset the car division’s 15,552 lost sales.
It’s a tough year on which to judge Acura’s car output. Acura is replacing the TL sedan, TSX sedan, and TSX wagon with a single model, the TLX sedan. The TLX operates in a broad and rather affordable price spectrum, with four and six-cylinder powerplants, front or all-wheel-drive, and eight or nine-speed transmissions.
But this year’s car sales decline at Acura is nothing new. Moreover, it stretches beyond the disappointing sales of the disappearing TL and TSX. (Read More…)
The Spanish government is extending its own version of “Cash for Clunkers” for the fourth time, as Spain tries to boost sagging car sales in the midst of a severe recession.
The recovery of the auto industry in the U.S. continues with July sales being the best in seven years, up 14% from last year. Every domestic and foreign based automakers had increased year to year sales, with double digit gains at six companies. Leading the pack were Honda, Toyota and General Motors, with sales up 21, 17 and 16 percent respectively. Ford, Chrysler and Nissan each were up 11%. Subaru, whose North American sales helped parent Fuji Heavy Industries to record earnings, had the best year to year performance, up 43%.
Happy days are here again!
April new car sales were up 9% from April 2012; which doesn’t sound like all that much until you realize that the winning brands beat losing brands by a near 5 to 1 margin.
As for used cars sales, they are even better. Official stats for the used car market are always hit or miss. But with large dealer networks such as Sonic Automotive, Carmax, Group One, and Asbury Automotive all recording double digit used car sales growth, it’s safe to say that the overall market for late model vehicles remains healthy.
And for all that good fortune, you can thank one overwhelming force in today’s marketplace.