By on February 11, 2014

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Inventories of unsold cars and light trucks have swollen to their highest levels since the recession while sales growth in the U.S. market has slowed significantly in the past five months. That combination could mean larger discounts and incentives and lower profit margins in 2014. According to Automotive News, all three domestic automakers started February with more than a 100-day supply of unsold vehicles. Industry-wide automakers had 88 days’ worth of vehicles at the start of February, the highest February inventories have been since 2009, when the industry was at its nadir.

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By on September 5, 2013

 

Automaker Aug. 2013 Aug. 2012 Pct. chng. 8 month
2013
8 month
2012
Pct. chng.
    BMW division 24,523 16,835 46% 188,997 164,636 15%
    Mini 6,023 5,718 5% 44,329 43,632 2%
    Rolls-Royce 84 79 6% 672 632 6%
BMW Group 30,630 22,632 35% 233,998 208,900 12%
    Chrysler Division 28,678 28,070 2% 212,495 216,616 –2%
    Dodge 52,858 47,348 12% 413,258 344,556 20%
    Dodge/Ram 86,445 73,413 18% 653,985 537,502 22%
    Fiat 4,190 4,150 1% 29,585 28,566 4%
    Jeep 46,239 42,839 8% 317,921 325,945 –3%
    Ram 33,587 26,065 29% 240,727 192,946 25%
Chrysler Group 165,552 148,472 12% 1,213,986 1,108,629 10%
    Maybach 4 –100% 32 –100%
    Mercedes-Benz 26,151 22,689 15% 203,147 182,087 12%
    Smart USA 993 753 32% 6,312 6,281 1%
Daimler AG 27,144 23,446 16% 209,459 188,400 11%
    Ford division 212,212 188,608 13% 1,649,821 1,453,536 14%
    Lincoln 8,192 8,141 1% 53,399 57,078 –6%
Ford Motor Co. 220,404 196,749 12% 1,703,220 1,510,614 13%
    Buick 24,650 18,000 37% 141,880 122,589 16%
    Cadillac 20,255 14,704 38% 119,586 90,933 32%
    Chevrolet 187,740 169,978 10% 1,365,544 1,270,582 8%
    GMC 43,202 37,838 14% 303,254 273,366 11%
General Motors 275,847 240,520 15% 1,930,264 1,757,470 10%
    Acura 17,051 15,646 9% 109,182 101,407 8%
    Honda Division 149,381 115,675 29% 944,267 847,840 11%
Honda (American) 166,432 131,321 27% 1,053,449 949,247 11%
    Hyundai division 66,101 61,099 8% 493,116 479,789 3%
    Kia 52,025 50,028 4% 378,380 386,809 –2%
Hyundai Group 118,126 111,127 6% 871,496 866,598 1%
    Jaguar 1,723 1,029 67% 11,134 8,546 30%
    Land Rover 4,938 3,727 33% 31,972 28,038 14%
Jaguar Land Rover 6,661 4,756 40% 43,106 36,584 18%
Maserati 326 219 49% 1,862 1,715 9%
Mazda 28,106 22,232 26% 198,026 185,346 7%
Mitsubishi 5,281 4,249 24% 40,980 41,316 –1%
    Infiniti 11,884 11,155 7% 71,879 77,151 –7%
    Nissan Division 108,614 87,360 24% 782,369 697,426 12%
Nissan 120,498 98,515 22% 854,248 774,577 10%
Subaru 41,061 28,293 45% 281,652 217,780 29%
Suzuki* 1,968 –100% 5,946 17,228 –66%
    Lexus 29,792 24,237 23% 171,238 150,604 14%
    Scion 7,698 7,722 0% 48,959 49,747 –2%
    Toyota division 194,047 156,561 24% 1,313,525 1,199,163 10%
    Toyota/Scion 201,745 164,283 23% 1,362,484 1,248,910 9%
Toyota 231,537 188,520 23% 1,533,722 1,399,514 10%
    Audi 14,005 11,527 22% 101,346 88,392 15%
    Bentley 198 156 27% 1,565 1,405 11%
    Lamborghini* 46 43 7% 368 344 7%
    Porsche 3,327 3,026 10% 28,456 22,279 28%
    VW division 40,342 41,011 –2% 282,913 286,750 –1%
Volkswagen 57,918 55,763 4% 414,648 399,170 4%
Volvo Cars NA 5,518 6,319 –13% 44,005 46,649 –6%
Other** 253 246 3% 2,024 1,963 3%
TOTAL 1,501,294 1,285,347 17% 10,636,091 9,711,700 10%

 

Riding on strong pickup truck and sedan sales, Chrysler Group and Ford Motor Co. both posted 12% overall sales increases from last August. It was Chrysler’s 41st straight year to year monthly increase. A number of manufacturers’ sales were constrained by tight inventory of models in high demand.

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By on August 8, 2013

encore buickIMG_0283_r

When the Buick Encore compact crossover was introduced, some questioned if it was the right vehicle for the brand, but apparently GM underestimated initial demand for the Encore.

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By on August 8, 2013

LAP PLANT CELEB_SV1_0035

After adding 600,000 units to its North American capacity within the past two years, Ford is trying to find ways to increase output of the Escape crossover and midsize Fusion, both of which currently have about 40 days supply. The Fusion is particularly in short supply on the east and west coasts, a good sign for any domestic automaker these days. A 60 day supply of cars in inventory is generally considered normal for the U.S. auto industry. Automotive News is reporting that at the Center for Automotive Research’s Management Briefing Seminars, held in Traverse City, Michigan, Ford VP for North America manufacturing, Jim Tetreault, said, “We’re still looking at how we get more out of every plant, and that’ll be a focus for as long as the demand is as strong as it is.”

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