July Sales: Volume Slows, Transaction Prices Soar

Sales volume grew slowly in July, as economic uncertainty and supply interruptions continued to foil a full turnaround in US sales volume. On the other hand, TrueCar reports that the consumers that did buy cars spent record amounts on average, as transaction prices soared to their highest levels in history and incentives fell. According to our developing table, the Detroit automakers are coming through July ahead of their year-ago numbers, but the Japanese automakers (who are still releasing their numbers) are expected to take a bit of punishment as they struggle to recover from the industry-crippling tsunami. Hit the jump for a full table of July sales results (developing).

AutomakerJuly 2011July 2010Pct. chng.7 month

20117 month

2010Pct. chng.BMW Group*26,16423,43312%169,949145,27217%BMW division21,40919,06412%135,114119,69613%Mini4,7114,3269%34,52725,27937%Rolls-Royce44432%3082974%BMW Group26,16423,43312%169,949145,27217%Chrysler Group LLC112,02693,31320%751,958620,53221%Chrysler Division15,42714,6925%111,495122,818–9%Dodge33,65330,9169%263,551231,38314%Dodge/Ram54,87052,1555%404,866344,47718%Fiat3,038––%7,982––%Jeep38,69126,46646%227,615153,23749%Ram21,21721,2390%141,315113,09425%Chrysler Group LLC112,02693,31320%751,958620,53221%Daimler AG**21,06918,61413%141,674128,96910%Maybach45–20%3238–16%Mercedes-Benz20,73818,04915%138,759125,02211%Smart USA327560–42%2,8833,909–26%Daimler AG21,06918,61413%141,674128,96910%Ford Motor Co.***180,315170,2086%1,250,0511,151,5609%Ford division172,501153,40013%1,199,9861,011,85419%Ford/Lincoln/Mercury180,315165,8899%1,250,0511,119,03512%Lincoln7,8145,58640%49,81749,3481%Mercury–6,903–100%24857,833–100%Volvo–4,319–100%–32,525–100%Ford Motor Co.180,315170,2086%1,250,0511,151,5609%General Motors****214,915199,6028%1,476,5251,277,20316%Buick16,87316,7990%110,47286,83127%Cadillac11,11914,919–26%87,24179,70410%Chevrolet149,005139,8587%1,053,543920,86414%GMC37,91827,76637%225,269178,60026%Hummer–210–100%–3,139–100%Pontiac–20–100%–947–100%Saab–––%–608–100%Saturn–30–100%–6,510–100%General Motors214,915199,6028%1,476,5251,277,20316%Honda (American)†80,502112,437–28%687,944706,346–3%Acura9,40213,017–28%70,08274,134–6%Honda Division71,10099,420–29%617,862632,212–2%Honda (American)80,502112,437–28%687,944706,346–3%Hyundai Group††105,06589,52517%672,966515,37631%Hyundai division59,56154,10610%382,358309,88823%Kia45,50435,41929%290,608205,48841%Hyundai Group105,06589,52517%672,966515,37631%Jaguar Land Rover3,7953,8080%27,49724,62312%Jaguar9841,516–35%7,3947,3670%Land Rover2,8112,29223%20,10317,25617%Jaguar Land Rover3,7953,8080%27,49724,62312%Maserati19915628%1,2961,06821%Maserati19915628%1,2961,06821%Mazda20,78320,7320%143,162136,4515%Mazda20,78320,7320%143,162136,4515%Mitsubishi7,9725,64841%52,08732,13862%Mitsubishi7,9725,64841%52,08732,13862%Nissan†††84,60182,3373%589,574522,66913%Infiniti7,4109,764–24%54,67857,064–4%Nissan Division77,19172,5736%534,896465,60515%Nissan84,60182,3373%589,574522,66913%Porsche2,7682,7032%18,31013,68734%Porsche2,7682,7032%18,31013,68734%Saab Cars North America‡384471–19%3,8551,209219%Saab Cars North America‡384471–19%3,8551,209219%Subaru21,73023,983–9%153,779149,9433%Subaru21,73023,983–9%153,779149,9433%Suzuki2,4471,95225%15,84913,50117%Suzuki2,4471,95225%15,84913,50117%Toyota‡‡130,802169,224–23%943,5901,015,766–7%Lexus14,53918,595–22%102,549126,025–19%Scion3,4994,653–25%30,12025,66017%Toyota division112,764145,976–23%810,921864,081–6%Toyota/Scion116,263150,629–23%841,041889,741–6%Toyota130,802169,224–23%943,5901,015,766–7%Volkswagen‡‡‡38,35431,75321%249,231206,89321%Audi9,1467,81717%65,05556,25716%Bentley14256154%98574432%VW division29,06623,88022%183,191149,89222%Volkswagen38,35431,75321%249,231206,89321%Volvo Cars North America‡‡‡‡5,595––%41,898––%Volvo Cars North America5,595––%41,898––%Other (estimate)2442411%1,7081,6861%TOTAL1,059,7301,050,1401%7,392,9036,664,89211%