By on July 1, 2010

As the following table will demonstrate, June sales rose a tepid 14 percent over an extremely low June in the year before. 860,004 light vehicles had changed hands in June 2009, a drop of 27.7 percent from June 2008. This June, 983,821vehicles left dealer lots, nowhere near the 1,189,518 units that were sold in June 2008.

In the first six months of 2010, a total of 5,615,000 vehicles were sold, 17 percent above the same period in 2009. Again, we are comparing with a very low level. In the first six months of 2009, a total of 4,809,876 units were bought, down 35.1 percent from 7,413,981 units in 2008.

Yesterday, Jessica Caldwell of Edmunds had predicted a “tortoise-like recovery,” and that’s what it looks like. Once we start comparing with the cash-for-clunker months of 2009, expect big minus signs.

In a conference call with analysts and media, Ford analyst George Pipas estimated June SAAR “in the low 11 million.” According to Reuters, “major automakers said there was no sign of the definitive second-half recovery that the battered industry had expected at the start of the year.” We better get familiar with that SAAR number of 11m and change. J.D.Power expects 11.8m units to be sold by the end of the year.

U.S. Light Vehicle Sales, June 2010

Automaker June 2010 June 2009 Pct. chng. 6 month
2010
6 month
2009
Pct. chng.
BMW Group 23,357 20,876 12% 121,741 114,610 6%
Chrysler Group LLC 92,482 68,297 35% 527,219 471,197 12%
Daimler AG 19,585 16,285 20% 110,382 93,739 18%
Ford Motor Co. 175,690 154,873 13% 981,352 773,242 27%
General Motors 194,716 174,785 11% 1,077,601 947,518 14%
Honda (American) 106,627 100,420 6% 593,909 530,778 12%
Hyundai Group 83,111 64,788 28% 425,851 352,090 21%
Isuzu -% 165 -100%
Jaguar Land Rover 4,408 2,875 53% 20,815 18,186 15%
Maserati 180 112 61% 912 593 54%
Mazda 18,238 13,729 33% 115,719 100,381 15%
Mitsubishi 4,198 4,362 -4% 26,490 26,467 0%
Nissan††† 64,570 58,298 11% 440,332 347,744 27%
Porsche 2,141 902 137% 10,984 9,659 14%
Saab Spyker
216 -% 738 -%
Subaru 21,601 18,620 16% 125,960 93,306 35%
Suzuki 2,035 2,149 -5% 11,549 22,408 -49%
Toyota 140,604 131,653 7% 846,542 770,447 10%
VW 29,768 26,674 12% 175,140 135,510 29%
Other (estimate) 294 306 -4% 1,764 1,836 -4%
TOTAL 983,821 860,004 14% 5,615,000 4,809,876 17%
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