July Sales Table: Hangover For GM And Ford, Party Time In Japan And Germany

And now, the hangover: July brings disappointing sales numbers for GM and Ford after June had surprised. GM is down 6 percent in July. Ford is down 4 percent. Even Chrysler Group reports down to earth results with July up only 13 percent after a truly ballistic series of months. In June, Edmunds Senior Analyst Jessica Caldwell politely voiced suspicions that the beautiful June numbers were the product of cosmetics:

“There was great pressure from automakers to close June strong, especially after the unexpectedly weak Memorial Day holiday weekend in May. It is the end of a quarter so undoubtedly they wanted to finish big.”

The problem with these operations is that the next month, there will be headaches. And the headaches are now. The foreigners, Subaru, Nissan, Toyota, Volkswagen all report solid double digit sales. Analysts did not predict stellar results for GM and Ford, but both came in much lower than analysts predicted. This does not bode well for the stock prices.

At the end of the day, the market rose 9 percent. Ford and GM lost market share. The seasonally adjusted annualized sales rate stands at 14.1 million, as expected by forecasters.

AutomakerJuly 2012July 2011Pct. chng.7 month

20127 month

2011Pct. chng.BMW Group27,18426,1504%185,939169,85110% BMW division21,29721,409–1%147,801135,1149% Mini5,8554,71124%37,91434,52710% Rolls-Royce32307%2242107%BMW Group27,18426,1504%185,939169,85110%Chrysler Group126,089112,02613%960,157751,95828% Chrysler Division20,79215,42735%188,546111,49569% Dodge35,63033,6536%297,208263,55113% Dodge/Ram60,02854,8709%464,089404,86615% Fiat3,7103,03822%24,4167,982206% Jeep41,55938,6917%283,106227,61524% Ram24,39821,21715%166,881141,31518%Chrysler Group126,089112,02613%960,157751,95828%Daimler AG22,29821,0676%164,947141,65516% Maybach4333%282133% Mercedes-Benz21,51420,7374%159,391138,75115% Smart USA780327139%5,5282,88392%Daimler AG22,29821,0676%164,947141,65516%Ford Motor Co.173,482180,315–4%1,313,8651,250,0515% Ford division166,507172,501–4%1,264,9281,199,9865% Lincoln6,9757,814–11%48,93749,817–2% Mercury–––%–248–100%Ford Motor Co.173,482180,315–4%1,313,8651,250,0515%General Motors201,237214,915–6%1,516,9501,476,5253% Buick14,39116,873–15%104,589110,472–5% Cadillac13,41711,11921%76,22987,241–13% Chevrolet138,942149,005–7%1,100,6041,053,5435% GMC34,48737,918–9%235,528225,2695%General Motors201,237214,915–6%1,516,9501,476,5253%Honda (American)116,94480,50245%817,926687,94419% Acura12,8259,40236%85,76170,08222% Honda Division104,11971,10046%732,165617,86219%Honda (American)116,94480,50245%817,926687,94419%Hyundai Group110,095105,0655%755,471672,96512% Hyundai division62,02159,5614%418,690382,35810% Kia48,07445,5046%336,781290,60716%Hyundai Group110,095105,0655%755,471672,96512%Jaguar Land Rover4,3313,79514%31,82827,49716% Jaguar1,0119843%7,5177,3942% Land Rover3,3202,81118%24,31120,10321%Jaguar Land Rover4,3313,79514%31,82827,49716%Maserati2081995%1,4961,29615%Maserati2081995%1,4961,29615%Mazda19,31820,783–7%163,115143,16214%Mazda19,31820,783–7%163,115143,16214%Mitsubishi4,1947,972–47%37,06752,087–29%Mitsubishi4,1947,972–47%37,06752,087–29%Nissan98,34184,60116%676,062589,57415% Infiniti11,6197,41057%65,99654,67821% Nissan Division86,72277,19112%610,066534,89614%Nissan98,34184,60116%676,062589,57415%Porsche2,8032,7681%19,25318,3105%Porsche2,8032,7681%19,25318,3105%Saab Cars North America–384–100%–3,855–100%Saab Cars North America–384–100%–3,855–100%Subaru25,18321,73016%189,487153,77923%Subaru25,18321,73016%189,487153,77923%Suzuki2,2662,447–7%15,26015,849–4%Suzuki2,2662,447–7%15,26015,849–4%Toyota164,898130,80226%1,210,994943,59028% Lexus18,23514,53925%126,367102,54923% Scion6,9043,44997%42,02530,12040% Toyota division139,759112,76424%1,042,602810,92129% Toyota/Scion146,663116,26326%1,084,627841,04129%Toyota164,898130,80226%1,210,994943,59028%Volkswagen48,89338,35428%323,853249,23130% Audi11,7079,14628%76,86565,05518% Bentley17214221%1,24998527% VW division37,01429,06627%245,739183,19134%Volkswagen48,89338,35428%323,853249,23130%Volvo Cars NA5,7175,5952%40,33341,898–4%Volvo Cars NA5,7175,5952%40,33341,898–4%Other

2782569%1,9461,7899%TOTAL1,153,7591,059,7269%8,425,9497,392,86614%

Table courtesy Automotive News [sub]