Auto sales in the United States grew nearly 11% in December 2014, a fitting ending to a year of impressive growth for the overall auto industry. The biggest leaps forward in December were achieved by three volume brands: Chrysler, Kia, and Ram. Scion and Cadillac continued to spiral. Volkswagen reported a modest increase for the third consecutive year in comparison with what was a disappointing fourth-quarter in 2013.
• Ford led all brands in U.S. sales in 2014
• GM is the top-selling manufacturer with its four brands
• Maserati’s 171% year-over-year improvement led all automakers in 2014
• Jeep and Ram combined for 303,190 more sales in 2014 than in 2013
The market supported more than 16 million sales for the first time 2007 with strength rising most particularly in the SUV/crossover sector, but also from top-selling cars. Toyota’s Camry, the best-selling car in America, climbed to 428,606 sales. The Nissan Altima set an annual sales record. The Honda Accord reached a seven-year high.
Remember when we thought $2.55 for a gallon of regular was going to make for a good Christmas? Turns out the new average is $2.47, the lowest average price reported in five years.
Also: That’s a photo shot by one of my relatives back in Louisville, Ky., where some stations are pumping gas for as low as $1.96/gallon.
Toyota is wasting no time in moving forward toward a hydrogen future, announcing it will build its FCV Concept-based fuel-cell sedan this December, with sales coming just in time for the big-red-bow-tie Christmas 2014 sales extravaganza.