November U.S. Car & Truck Sales Up 9% Overall, Led By GM & Chrysler
AutomakerNov. 2013Nov. 2012Pct. chng.11 month
2012Pct. chng.BMW Group36,41136,5400%332,725304,5979% BMW division31,75231,2132%271,891244,06111% Mini4,5755,248–13%59,91059,6670% Rolls-Royce84796%9248696%BMW Group36,41136,5400%332,725304,5979%Chrysler Group142,275122,56516%1,639,3611,499,4209% Chrysler Division21,02418,76612%282,222282,4540% Dodge41,50640,0754%548,654472,59816% Dodge/Ram72,76165,14912%880,469742,64119% Fiat3,0753,603–15%39,49140,065–1% Jeep45,41535,04730%437,179434,2601% Ram31,25525,07425%331,815270,04323%Chrysler Group142,275122,56516%1,639,3611,499,4209%Daimler AG37,34532,65814%306,898273,69412% Maybach–5–100%–45–100% Mercedes-Benz36,38631,94914%298,489264,63613% Smart USA95970436%8,4099,013–7%Daimler AG37,34532,65814%306,898273,69412%Ford Motor Co.189,705177,0927%2,268,6442,030,10712% Ford division182,978171,3607%2,194,9341,955,34112% Lincoln6,7275,73217%73,71074,766–1%Ford Motor Co.189,705177,0927%2,268,6442,030,10712%General Motors212,060186,50514%2,555,9212,349,9849% Buick15,07213,28913%190,130163,93516% Cadillac16,17214,51711%164,378131,53425% Chevrolet145,089128,86713%1,793,6321,684,5557% GMC35,72729,83220%407,781369,96010%General Motors212,060186,50514%2,555,9212,349,9849%Honda (American)116,507116,5800%1,390,0571,290,0118% Acura14,55912,24619%149,685140,1827% Honda Division101,948104,334–2%1,240,3721,149,8298%Honda (American)116,507116,5800%1,390,0571,290,0118%Hyundai Group101,41694,5427%1,159,3261,161,9930% Hyundai division56,00553,4875%657,778643,5722% Kia45,41141,05511%501,548518,421–3%Hyundai Group101,41694,5427%1,159,3261,161,9930%Jaguar Land Rover6,0474,40037%59,65449,45221% Jaguar1,446713103%15,40810,96241% Land Rover4,6013,68725%44,24638,49015%Jaguar Land Rover6,0474,40037%59,65449,45221%Maserati887208326%3,7152,39755%Maserati887208326%3,7152,39755%Mazda20,75421,691–4%260,983249,7935%Mazda20,75421,691–4%260,983249,7935%Mitsubishi6,0713,57470%55,80453,6774%Mitsubishi6,0713,57470%55,80453,6774%Nissan106,52896,19711%1,138,6621,042,3669% Infiniti13,15211,89711%103,223107,250–4% Nissan Division93,37684,30011%1,035,439935,11611%Nissan106,52896,19711%1,138,6621,042,3669%Subaru36,62128,20630%384,511299,78828%Subaru36,62128,20630%384,511299,78828%Suzuki*–2,224–100%5,94623,412–75%Suzuki*–2,224–100%5,94623,412–75%Toyota178,044161,69510%2,045,1991,888,3618% Lexus25,61122,71913%239,090213,55912% Scion4,9685,606–11%63,99867,983–6% Toyota division147,465133,37011%1,742,1111,606,8198% Toyota/Scion152,433138,97610%1,806,1091,674,8028%Toyota178,044161,69510%2,045,1991,888,3618%Volkswagen48,69552,916–8%556,839553,2421% Audi13,63612,06713%141,048124,46913% Bentley32021251%2,5192,07821% Lamborghini*46445%5064766% Porsche3,9663,8653%39,07732,09122% VW division30,72736,728–16%373,689394,128–5%Volkswagen48,69552,916–8%556,839553,2421%Volvo Cars NA4,2336,141–31%56,34561,967–9%Volvo Cars NA4,2336,141–31%56,34561,967–9%Other***2532463%2,7832,7023%TOTAL1,243,8521,143,9819%14,223,37313,136,9638%
Sales of cars and light truck in the United States went up 9% overall to 1.24 million units delivered in November, selling at the fastest clip in almost seven years. The SAAR rose to 16.4 million units, exceeding analyst predictions of about 15.8 million vehicles. That’s the best seasonally adjusted annual rate since Feb. 2007, before the start of the global recession. November sales were the best since 2003 and close to the best November ever.
General Motors and the Chrysler Group’s sales were up more than the industry average, at +14% and +16% respectively with pickups and the new Jeep Cherokee spurring the increases. The new Cherokee sold over 10,000 units in the first full month that it has been available since a somewhat botched launch. Toyota and Nissan were also up by double digits, 10% and 11%, while Honda sales were more or less flat, down 0.1% from last November’s record sales. Ford was up 7% and announced that it was scaling back production in its North American plants in the first quarter of 2014, making about 2% fewer cars than the same period in 2013. Subaru continued to do very well, with sales up 30% over last year. Volkswagen, though, went against industry trends and was down 8%.
Lincoln had its second straight month of double digit increases, up 17% from November 2012.
Chrysler Group sales did well despite the fact that Fiat deliveries were down 15% and car sales at Chrysler and Dodge were down 7%, offset by a 26% increase in demand for light trucks.
Hyundai set a November record with 56,005 units delivered, up 5% from last year, led by the Santa Fe, Accent, and Elantra.
Jaguar Land Rover continues to do well with group sales up 37%. Land Rover set a November record at 4,601 on strong sales of the Evoque and redesigned Range Rover flagship and now that the F Type is at dealers, Jaguar posted an increase of over 100% to 1,446 unites.
VW’s CEO for America, Jonathan Browning said that the brand will not follow other companies aggressive incentives, one reason for a 16% decline in VW brand sales, with the Jetta, Passat and Tiguan all doing worse than last year. At VW’s Audi brand the news was better, up 13% on strong demand for crossovers.
Analysts say the industry’s overall numbers were helped by five weekends in the sales period along with early holiday promotions, attractive financing offers and pent-up demand. Sales went up at the end of the month as automakers and dealers had Black Friday sales events.
Incentives were up slightly from last year, but down 2% from last month to an average of $2,507 per vehicle.
Average transaction prices were down $198/vehicle from last year to $30,634, the first year to year decline in ATP in almost 3 years, though GM, Toyota and Chrysler reported record ATPs in November.
Table courtesy Automotive News
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Maybach math: 0 * 100% = 5 (or 45)